June 22, 2010

Two Informative Seminars Held

 

Lake Arrowhead, CA – Rebuilding Mountain Hearts & Lives presented
two identical workshops yesterday (September 13) for local residents on
how to be prepared for a disaster including proper insurance coverage.

Participants at the free sessions will learn the ins and outs of
the insurance business from insurance...

June 22, 2010

Three years after Eliot Spitzer decapitated the world's largest
insurer, his protégé has stepped in to try to save the company from
collapse.

As posted at:
June 22, 2010

They spent a recent Saturday creating detailed lists of the contents
of their houses – everything from dishes and bed linens to socks and
unopened tubes of toothpaste. When memories failed, they turned to each
other's lists to jar their recollections.

It was a long and emotional process, but necessary because many
insurers require meticulously itemized lists...

June 22, 2010

SAN DIEGO -- Lee and Shirley Taylor aren't alone.

They are victims of the October wildfires that destroyed their
Ramona home. They're also underinsured.

"That was our request, insure us against total loss," said Lee
Taylor. He said his agent handed him a 108-page insurance policy he
believed fully insured his home and 8-acre avocado farm.

...
June 22, 2010

Victims of last October's wildfires gathered for a news conference in
Rancho Bernardo on Wednesday, asking for help from Insurance
Commissioner Steve Poizner.

Many say they have not resolved their claims with their insurance
companies because they were grossly underinsured.

"He needs to follow through on his promise to all of us who are
underinsured...

June 22, 2010

Homeowners' policies not covering costs of rebuilding

This story has been modified since its original posting.

 

RANCHO BERNARDO ---- Stan Newman and about two dozen others who lost
their homes in last year's Witch Creek fire complained Wednesday they
had made almost no progress toward rebuilding because their insurance
companies were refusing to...

June 22, 2010

San Diego County residents, saying they were misled into believing they had enough coverage, urge the state insurance commissioner to take action. Insurers say it's not a severe problem.

 

Reporting from Sacramento -- As a wildfire sparked evacuations in
Southern California on Wednesday morning, victims of a blaze that
destroyed 1,600 homes in San Diego...

June 22, 2010

California's insurance commissioner has ordered his auditors to examine
how insurance companies handled claims from last year's devastating
wildfires amid allegations from homeowners that some insurers misled
them about how much coverage they needed.

“We'll be looking for patterns of behavior by insurance companies,
of stalling, not paying claims fully and...

June 22, 2010

After his Fallbrook home was destroyed in the 2007 wildfires, Richard McDonnell realized that his friends didn't understand his sense of loss, the grieving for destroyed heirlooms or the frustration over the the slow rebuilding process.

Then McDonnell, 63, began attending the weekly group meetings at the Fallbrook Recovery Center, where he met fellow fire survivors.

“There's a...

June 22, 2010

Mississippi Insurance Commissioner Mike Chaney needs to do a better
job for consumers, two national organizations have concluded, but Chaney
said Wednesday night that he he has "a full platter."

The Consumer Federation of America says the Insurance Department's
Internet site does an inadequate job of giving consumers information
that would help them save money...