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Four consumer advocacy groups implored Gov. Charlie Crist today to veto a
bill that would allow large insurers to charge essentially unregulated
"This bill is an invitation for insurers to game the Florida regulatory
system and abuse consumers," said officials from the Consumer Federation
of America, Consumer Watchdog, Center for Economic Justice and...
The way insurance companies barrage you with television ads promising
to save you money, you might think they were paying you instead of the
other way around. In the case of the GEICO googly eyes or actor Dennis
Haysbert hawking Allstate policies, at least it’s private companies
pitching their wares. But then there are the auto insurance ads touting
In July, when fire tore through the Northwest mansion belonging to local
activist and arts patron Peggy Cooper Cafritz, it set off what is
likely to be a long journey toward rebuilding. Facing total loss,
Cafritz hired a public insurance adjuster to estimate the dollar amount
and help prepare her homeowners insurance claim.
"It would be a truly daunting...
MSB, the leading provider of building cost data to the property
insurance industry just released its findings for current estimates of
homeowner insurance coverage across the United States MSB’s research
reveals an estimated 64 percent of U.S. homes are undervalued for the
purpose of insurance by an average of 19 percent—about the same as last
year. If that’s the...
With stories ranging from “My insurance company is just being too
good to be true” to “I’ve been with my insurance company for 21 years,
never made a claim, just lost my house, and now they’ve cancelled me,”
about 50 Jesusita and Tea fire survivors filled the Westside Community
Center to hear California Department of Insurance (CDI) officials walk
them through the...
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
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...
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...
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
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