June 9, 2010

Allstate Corp., which has been dropping wind coverage from home
insurance policies in Mobile and Baldwin counties, began in April to
sell homeowner policies through a new unit called North Light Specialty
Insurance Co.

June 9, 2010

Besides giving Allstate Corp. more control over prices, North Light
Specialty Insurance Co. could help the parent company retain its agents
and other insurance business.

Unlike an independent insurance agent, who can sell policies from a
number of different companies, Allstate employs what are called captive
agents, who generally sell only the company's own...

June 9, 2010

Will your disability insurance cover you if you become ill and unable to
work? Many advocates say probably not.

People like Melinda Carstens say they found out how difficult it can be
to try to fight an insurance company over their disability payments.

Carstens said fighting her disability is tough enough. But going up
against her insurance company is...

June 9, 2010

There's no question that Jay Thompson is disabled.  Three years, at
age 44, he developed ALS — Lou Gehrig's disease.  Now he lays
immobilized in a hospital bed.
So the question is: What happened to his disability insurance?

"We believed that it would take care of him," said his wife

June 9, 2010

Consumer Watchdogs Want Insurers To Rein In Surge Costs

NU Online News Service, April 22, 8:52 a.m. EDT

Consumer watchdogs are urging a closer look at insurers’
estimation of post-catastrophe material and labor price increases,
citing a study questioning demand surge figures used to set insurance

June 9, 2010

Insurance Commissioner Poizner Secures Close to $46 Million in
Additional Coverage for AIG Customers Who Suffered Losses in Sylmar
Wildfire Survivors to receive an average $100,000 to $125,000 in
Additional Coverage

June 9, 2010

SYLMAR - Oakridge resident Joanne Nadeau, who lost her mobile home in
November's Sayre Fire, can now rebuild thanks to additional money
secured by the state's Department of Insurance.

Instead of getting $165,000 from her AIG insurance policy, Nadeau will
receive nearly $300,000.

"Now I can rest and have some peace of mind," said Nadeau, 61. "... And

June 9, 2010

The California Department of Insurance (CDI) has secured between $37
million and $46 million in additional coverage from AIG for Sayre Fire
survivors in Sylmar. Commissioner Poizner was joined by Los Angeles City
Councilmember Richard Alarcón; Amy Bach, executive director of United
Policyholders and a Sayre wildfire survivor and AIG policyholder who,
until this...

June 9, 2010

Mobile home owners whose properties were destroyed by the 2008 Sayre
Fire and who were insured by AIG will receive as much as an extra
$125,000 from their policy under an agreement announced today by the
state insurance commissioner.

The Sylmar-area fire destroyed 485 mobile homes, 370 of which were
insured by American International Group Inc.

As posted at:
June 9, 2010

Outstanding! The settlement reached this week by the California
Department of Insurance and AIG provides additional insurance coverage
to Sylmar wildfire survivors who lost their homes in the Oakridge Mobile
Home Park last November.

As posted at: