September 5, 2013 Manitou business owners wade through muck to assess losses More than 20 businesses suffered losses from the flood that swept through Manitou Springs on Friday and owners say some may not reopen for up to two weeks as they clean up damage. Many of the shops in the 700 block of Manitou Avenue and…
September 5, 2013 Lack of insurance an issue after Manitou flood Many of the businesses in Manitou Springs that suffered losses in Friday’s devastating flood didn’t have flood insurance because they couldn’t get it for their location or couldn’t afford it, said an official from iManitou, the city’s chamber of commerce, economic development office and visitor’s…
September 1, 2013 A Healthy Attitude Today is a big day in the health insurance world. People with no insurance or who need to change their coverage can now start researching new plan options. As this phase of the Affordable Care Act takes effect, do your best to get information from…
August 5, 2013 DON’T BOTHER…DO BOTHER When buying rental car insurance: Don’t bother checking the “yes” box and paying for Collision Damage Waiver (CDW) coverage if you’ve got a credit card that offers that same coverage. Most credit cards provide that insurance to their cardholders free of charge as long as…
July 31, 2013 FEMA to Buy Out One Home on Old York Road The township is changing its agreement with the NJDEP Blue Acres Program for the purchase and demolition of two homes on Old York Road along the Raritan River Floodway—because only one is now being accepted into the program.This program concerns the buy-out and demolition of…
July 31, 2013 Businesses pushing to settle claims from Sandy Linda Schwartz had been running her Mexican restaurant for 29 years when it became a casualty of Hurricane Sandy.Schwartz waited out the storm in her Dennis Township home, confident that she had done what she could to safeguard her Avalon business, Tortilla Flats, by moving…
July 30, 2013 Group vex: Is one enough? If you depend on your earned income and want to build yourself a safety net, you can buy long term disability (LTD) insurance that will replace that income if you become ill or injured and unable to work. You can buy it as an individual…
July 29, 2013 Guest Blog: Unpaid Life Insurance Benefits Investigation Passes 1 billion dollars (yes, billion!) The New York Department of Financial Services has issued a final report on their investigation into unpaid benefits for consumers at life insurance companies. The report showed that the investigation recovered more than $1.1 billion in unpaid life insurance benefits for consumers nationwide and that…
July 17, 2013 Tracking Down Life Insurance Benefits Have you ever tried to track down a life insurance policy that was owned by a family member or find out if they had any life insurance? If so, you know that this can be a challenging task. Here are some starting points: Review all…
July 8, 2013 Toomey, Menendez clash on flood insurance WASHINGTON – A debate over the federal flood insurance program sparked cross-river crossfire today, with New Jersey Democratic Sen. Bob Menendez clashing with Pennsylvania Republican Sen. Pat Toomey over a plan to hold down premiums. Toomey, using procedural rules, blocked a plan to delay federal…
July 1, 2013 6 Factors Impacting the Claims Caseload From the newest adjuster to the chief claims officer in an insurance organization’s home office, every claims professional has likely wondered at one point or another, “What is the ideal claims caseload?”That question still yields no quantitative answer. Those posing the question seek hard numbers.…
June 10, 2013 In tornado alley, building practices boost damage View PhotoReuters/Reuters – Memorial Day fireworks explode over a house damaged by the May 20 afternoon tornado in Moore, Oklahoma May 26, 2013. REUTERS/Lucas Jackson By Greg McCune(Reuters) – In a residential neighborhood near the center of a monster tornado that struck Moore,Oklahoma last month,…
June 7, 2013 Protecting the house: A movement to actual cash value in homeowners’ policies invites issues with roof claims. By: Dean Jarvis The tragic Moore, Okla., tornado has jump-started what could be a very active tornado term that precedes the start of the Atlantic hurricane season. When these wind-related storms strike, it’s inevitable that roofing claims will follow.This reality comes amidst a trend over…
June 3, 2013 Recent New York Case re: Coverage for water from drain back up Property Insurance Coverage Law Blog, June 3, 2013 by Shaun Marker So You Have A Back Up Of Water From A Drain Line; Was Blockage On or Off the Insured Property?If you have a claim based on a back up of water from a drain…
June 3, 2013 Sandy update: Homeowners battle insurance adjusters They have argued themselves blue with insurance adjusters. And still their homes are gutted and smell of sodden wood.Six months after superstorm Sandy, a weary cadre of Long Islanders remains mired in fights over settlements from the National Flood Insurance Program. They tell of enduring…
June 2, 2013 Too Darn Hot In most areas of the U.S. right now, it’s just too darn hot. If you’re in the scary position of having to evacuate due to a nearby wildfire, but lucky enough to come home to a house still standing, consider this: Nearby flames, smoke and…
