Health Insurance CheckUP
Health Insurance CheckUP

If you’re looking at health insurance options, remember to compare features and costs “apples to apples.” Try using new tips and a shopping checklist from the National Association of Insurance Commissioners. If your insurer/HMO has dropped you and you suspect it was because you have…
RRGs thriving 25 years after law’s passage; Alternative vehicles provide affordable, stable coverage
RRGs thriving 25 years after law’s passage; Alternative vehicles provide affordable, stable coverage

WASHINGTON—Passage of the Liability Risk Retention Act 25 years ago unlocked the potential of risk retention groups to provide a highly efficient way for organizations to band together to form group captives.When Congress passed the LRRA in October 1986, it was the second time lawmakers…
Lloyd’s of London Settles Class Action Lawsuit
Lloyd’s of London Settles Class Action Lawsuit
Tenacious P(olicyholder)
Tenacious P(olicyholder)

Listing and valuing damaged or stolen property and negotiating a settlement with your insurer can cost you a lot of time and money. But unless it’s a business loss, you’ll have to be tenacious to get your insurer to reimburse you for expenses related to…
Allstate Agents Group Approves Union Affiliation
Allstate Agents Group Approves Union Affiliation

Members of the National Association of Professional Allstate Agents approved to affiliate with the Office and Professional Employees International Union by an overwhelming majority in an effort to have more say over the future of their agencies.OPEIU, a member of the AFL-CIO, says 94 percent…
Top insurance cop?
Top insurance cop?

Every state has a top insurance cop (regulator) whose job includes protecting consumers and making sure the insurance companies doing business in their state are financially strong enough to pay claims. Each has his/her own view on what “protecting consumers” means and how far they…
Mason City restaurant owners seek ‘bad faith’ damages in lawsuit
Mason City restaurant owners seek ‘bad faith’ damages in lawsuit

MASON CITY – The owners of a Mexican restaurant destroyed in a fire in 2007 who were awarded $236,901 in breach of contract damages from their insurance company by a Cerro Gordo County jury earlier this year are now suing the company for bad faith…
Overwhelmed and Underinsured
Overwhelmed and Underinsured

Those two words describe the people in Missouri, Alabama and Arizona whose homes were recently wiped out. The fact is, about 2/3 of the homes in the United States are underinsured.1 UP can help you be in the third that are not. You probably think you’re already…
Missouri Storm Victims Battle for Insurance Payouts
Missouri Storm Victims Battle for Insurance Payouts

ST. LOUIS, MO (KTVI-FOX2Now.com)— Not quite two months after the good Friday tornado in St. Louis county, property owners report a wide variation in progress toward reconstruction. Some repair jobs are underway but dozens of property owners are still battling over insurance payouts. These three…
inCREDITable
inCREDITable

It may surprise you to learn that your credit rating is probably impacting the amount you’re paying for insurance more than your driving record or the condition of your home. This is called “credit-based insurance scoring.” The worse your score, the higher your premium. There…
Property owners in the path of Mississippi River flooding are taking out mortgages to beat the 30-day waiting period on insurance
Property owners in the path of Mississippi River flooding are taking out mortgages to beat the 30-day waiting period on insurance

Cliff Merritt has taken applications for 300 loans in the past two weeks at his small Louisiana bank.It’s not that the economy or housing market in Vidalia has suddenly picked up. Rather, people worried about levees failing along the swollen Mississippi River have found a…
Without Insurance No One Gets Paid
Without Insurance No One Gets Paid

People who lose their homes in floods, hurricanes, and other disasters look first to their homeowners or renters insurance policies for financial recovery help, and if they don’t have any or enough insurance, they turn to FEMA, SBA, or other sources such as charities and…
Shaken Awake Conference
Shaken Awake Conference

With the recent Japan and New Zealand earthquakes as a backdrop, we are mindful of the risk we face in the Bay Area from earthquakes. The close proximity of faults, coupled with a large population of older houses, puts a huge percentage of our housing…
New Rules for Surplus (“Non-Admitted”) Insurers
New Rules for Surplus (“Non-Admitted”) Insurers

With the Nonadmitted and Reinsurance Reform Act July 21, 2011, implementation deadline looming, California is gearing up to comply with new surplus lines regulations.
Under My Umbrella
Under My Umbrella

No one wants to pay for insurance they don’t need. Most people go a lifetime without being sued, so the idea of buying more than basic insurance against lawsuits (“Liability Insurance”) may seem unnecessary. But the legal expenses you’ll incur if you ever are sued…
San Bruno victims get tax breaks on donations
San Bruno victims get tax breaks on donations

San Bruno victims get tax breaks on donationsSurvivors of the San Bruno gas line explosion won’t have to pay state taxes on donations received, state leaders decided this week.Gov. Jerry Brown late Wednesday signed a bill from Assemblyman Jerry Hill, D-San Mateo, previously approved by…
Allstate faces whistle-blower suit
Allstate faces whistle-blower suit

Another whistle-blower lawsuit alleges fraudulent handling of federal flood claims after Hurricane Katrina.The case, filed against Allstate, has just been unsealed in Louisiana’s Eastern District. (H/T to slabbed) Policyholder attorney Johnny Denenea filed the lawsuit back in May 2007. He amended it in November 2009,…
Maximizing Protection Against Disruptions to Your Supply or Distribution Chain
Maximizing Protection Against Disruptions to Your Supply or Distribution Chain

Focus as soon as possible on establishing the extent and scope of your insurance coverage in order to be able to present an insurance claim that will maximize recovery for any losses.Calculating Loss: Calculating the total loss for an interruption claim is not as easy…