July 1, 2014 3 ways to get prepared this summer As summer heats up, spend a few minutes on a home insurance check-up. As many Colorado disaster survivors will tell you, the trauma of a loss is ten times worse if your coverage is out of date or has major gaps. Check your “Coverage A” dwelling…
June 30, 2014 Colo. wildfire victims sue insurance companies A group of nearly 20 Colorado fire survivors are suing more than 100 national insurance companies, corporations and nonprofits, alleging they conspired to defraud those who lost property to the High Park Fire and other wildfires.Thirteen Larimer County residents are named as plaintiffs in Snyder…
June 30, 2014 Nearly 1,000 NJ Sandy victims have sued flood insurance providers Nearly 1,000 Hurricane Sandy victims in New Jersey have filed lawsuits against their flood insurance providers since late 2013, and that number is expected to double in the next year, according to a report on NorthJersey.com.The U.S. District Court Clerk’s Office said there have been…
June 24, 2014 Lyft your limits? People who live in neighborhoods where it’s been hard to get a cab are cheering the era of Uber and the rise of Lyft (pardon the pun). Getting stood up by a cab that was supposed to drive you to the airport? Hauling yourself out…
June 19, 2014 2014 Car Insurance by Credit Score Report Everyone knows that auto insurance is mandatory (except in New Hampshire). Furthermore, we know that our credit scores dictate the types of loans and credit cards for which we can garner approval. But when it comes to the connection between credit scores and car insurance,…
June 10, 2014 Bobby Jindal signs bill to kill lawsuit against oil, gas companies Gov. Bobby Jindal has signed legislation aimed at killing a lawsuit filed by a New Orleans area regional levee board against 97 oil and gas companies, despite concerns that the new law could negatively affect state and government claims against BP over the 2010 Gulf…
May 30, 2014 Double Check UP The recent wildfires in San Diego and Arizona are a chilling reminder of how long wildfire season has gotten in the west and with hurricane season fast approaching in the East and South, we encourage everyone to take a moment and do a quick insurance…
May 28, 2014 Doubt Lingers for New Yorkers Devastated by Hurricane Sandy NEW YORK – Edith Harris was cornered in her living room, inside her brick house, deep in Canarsie, Brooklyn. Volunteers in green t-shirts swarmed around her. They banged away at new appliances in the bathrooms, studied the interior supports that held up her fragile basement…
May 16, 2014 Wildfire Season Starts Early Amid Drought; Costs to Top $1 Billion May 13, 2014By: Jennifer Oldham, Bloomberg NewsU.S. states plagued by historic drought are bracing for an early wildfire season with a cost that may rise as high as $1.8 billion, or almost $500,000 more than what’s available to control the blazes.Oklahomans fought seven fires in…
May 16, 2014 GAO Issues Dire Report on National Flood Insurance Program May 14, 2014By: Arthur PostalWASHINGTON—The National Flood Insurance Program (NFIP) is a long, dark tunnel with no light in sight, a new Government Accountability Office report indicates, meaning that it is likely to be a political headache for the property casualty insurance industry for some…
April 29, 2014 CEA policyholders file claims, receive payments for damage from La Habra earthquake For Release: April 29, 2014 CEA policyholders file claims, receive payments for damage from La Habra earthquake But recent earthquakes show that Californians are uncertain about their insurance coverage Media Inquiries to CEA: D’Anne Ousley 916-769-5766 / ousleyd@CalQuake.com SACRAMENTO, Calif. – The California Earthquake Authority…
April 23, 2014 Recent Quakes Push Interest, Sales of Policies in California Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature.The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already a bit shaken up by the 5.1 magnitude…
April 22, 2014 Homeowner Flood Insurance Affordability Act On March 21, 2014, President Obama signed the Homeowner Flood Insurance Affordability Act of 2014 into law.This law repeals and modifies certain provisions of the Biggert-Waters Flood Insurance Reform Act, which was enacted in 2012. FEMA looks forward to working with Congress, the private Write…
April 16, 2014 The Strip Mining of Legal Rights By: Ralph Nader and Theresa AmatoThe fine print in standard form contracts is undermining tort law, and it is not limited to mandatory arbitration. Corporations use it to insulate themselves and take away consumers’ tort law rights in other ways, including unfair choice of law…
April 13, 2014 Mistakes to Avoid When Shopping for Long-Term-Care Insurance: How to Pick the Best the Policy for Your Needs and What to Avoid It’s a decision many baby boomers are grappling with: Should I buy long-term-care insurance? The decision has never been more difficult. According to researchers at Georgetown University and Pennsylvania State University, about 70% of individuals 65 and older will need long-term care—whether at home or…
April 9, 2014 Pesky Gaps and Caps (No) thanks to past wildfires, many Scripps Ranch residents have as much insurance expertise as professional agents or brokers. During the vacation months when empty homes are a target for burglars, it’s worth checking your homeowner’s policy for those pesky “internal limits” that apply to…
April 9, 2014 Premiums Rise for Long-Term Care Insurance. Keep It or Drop It? By ANN CARRNSThe New York Times, MARCH 21, 2014Every day, Jesse Slome says, about a half-dozen people contact his office at the American Association for Long-Term Care Insurance, a group for industry professionals, to complain about premium increases on their policies.Financial planners, too, are hearing…
April 8, 2014 Annuities are good retirement tools, but exercise caution For Release: April 8, 2014Media Calls Only: 916-492-3566Annuities are good retirement tools, but exercise caution SACRAMENTO, Calif. – In observance of National Retirement Planning week, the California Department of Insurance is reminding consumers about the importance of understanding what they are purchasing before signing on…
