June 22, 2010

The Supreme Court struggled last week with how much weight to give an
insurance company's potential conflict of interest when it denies an
employee's health or disability benefits claim.

The lawyer representing the Ohio woman who sued MetLife Inc. over a
disability claim argued that insurance companies have a financial
incentive to deny claims. That conflict of...

June 22, 2010

Earthquake, typhoon, wildfire.

“What I see from other parts of the world, even the nation, I
think California could learn more,” reflected University of California,
San Diego Professor José Restrepo. The director of Operations for the
Charles Lee Powell Structural Laboratories lived through a 7.2 magnitude
earthquake in Columbia in 1979, which fueled his...

As posted at:
June 22, 2010

Scores of Witch Creek fire victims are learning they do not have
enough insurance to rebuild an equivalent home.

Valerie Brown, RB United project coordinator, said at least 110
families she is helping navigate through the recovery process have
discovered their homes were 30 to 50 percent under-insured.

Because not all local fire victims are registered with RB...

As posted at:
June 22, 2010

Los Angeles, CA (AHN) - A survey by United Policyholders slated for release Friday states widespread underinsurance of properties in California, unveiled by the recent wild bushfires.

The San Francisco-based consumer organization surveyed 274 residents on the extent of the damage the wildfires caused on their properties. Three-fourths of the survey respondents said they were...

June 22, 2010

Are policies adequate to help make homeowners whole?

 

June 22, 2010

Hundreds of people who lost homes in last year's wildfires did not
have enough insurance to cover their rebuilding costs, according to a
survey sponsored by United Policyholders, a San Francisco consumer
organization. The survey asked 274 people about the losses they incurred
in the wildfires that last fall swept across Southern California.

Three-quarters of...

June 22, 2010

 

Commissioner Hosts Wildfire Preparedness and Mitigation Roundtable with Insurance Industry, Consumer Groups and Fire Officials in San Diego

SAN DIEGO: After bringing together insurance industry executives, consumer groups and fire officials to discuss preparations for future potential fire disasters, Insurance Commissioner Steve Poizner announced an effort to create economic or...

June 22, 2010

After bringing together insurance industry executives, consumer
groups and fire officials to discuss preparations for future potential
fire disasters at a roundtable held on May 12, 2008, California
Insurance Commissioner Steve Poizner announced an effort to create
economic or other incentives for insurers and consumers to mitigate fire
risks and increase...

June 22, 2010

When it comes to health insurance, Valencia resident Tova Hack's
first problem is that she works part time and thus needs an individual
policy for medical coverage because her employer doesn't offer one.

Her second problem is that she's a woman.

Hack, 22, a grad student at Cal State Northridge, is insured by
Blue Shield of California. She just found out that the...

As posted at:
June 22, 2010

Policies scaled back after Katrina

If Hurricane Gustav hits Louisiana, homeowners will discover that
they have less insurance coverage than they did during Hurricanes
Katrina and Rita, and they'll be reaching into their own pockets to
cover damage.

In the past three years, the use of hurricane, windstorm or
named-storm deductibles, which means that...