January 29, 2013 Go Long? We all want to be well cared for and comfortable in our old age without being a financial burden to our loved ones. Long Term Care insurance can make those wishes come true. But…if you have a LTC insurance policy or are thinking about buying…
January 28, 2013 Hurricane deductible reform legislation proposed in NY http://www.propertyinsurancecoveragelaw.com/uploads/file/S_%201760.pdf
January 21, 2013 Storm of Money: Small insurance reform groups along U.S. coast take on industry Goliaths Six years ago, a group of church volunteers in Gulf Shores, Ala., went door to door to “find out where the pain was,” said Michelle Kurtz, one of the leaders. They heard stories about drainage problems and drugs, but to their surprise, one concern generated…
January 16, 2013 3 Health Insurance Options That May Fail You If you lose of can’t find health insurance coverage, help is on the way. But you’ll have to wait awhile. Beginning in 2014, federal health care reform provisions kick in that will protect people who have pre-existing health conditions and others who are struggling to…
January 10, 2013 Class action lawsuit filed against 9 insurance companies over Hurricane Irene, Sandy claims The definition of a basement is the focal point of a class action lawsuit that deals with insurance claims filed for damages caused by Hurricane Irene in 2011 and superstorm Sandy in late October. The lawsuit is one of the first to include both Sandy…
January 10, 2013 The dangers of letting your life insurance lapse It’s one of the life insurance industry’s best-kept secrets – a great number of life insurance policies in the U.S. tend to lapse, meaning the coverage runs out and is not available if you die. Some studies claim as many as 80 percent of policies…
January 8, 2013 Insurance claim dispute resolution topic of sixth Larimer County Roadmap to Recovery session The next Larimer County Roadmap to Recovery meeting for High Park and Woodland Heights fire survivors takes place on Jan. 15 at 6:30 p.m. in the 1st Floor Hearing Room at the Larimer County Courthouse office Bldg., 200 West Oak Street, Fort Collins. This is…
January 7, 2013 Rhode Island, Connecticut Issue Cat Reporting Updates The Connecticut and Rhode Island insurance departments have issued requirements for catastrophe claims reporting related to Storm Sandy. Both Departments have specific due dates for the claims data reports. The Rhode Island Department of Business Regulation also provided information on key regulatory compliance subjects including…
January 7, 2013 Four life insurance riders to consider – and two to avoid If your life insurance policy seems inadequate, you can beef it up by adding optional life insurance riders. Riders are special features that can tack on benefits and bring flexibility to your coverage. However, not all life insurance riders are equally beneficial. “Some riders can…
December 23, 2012 Deck the halls with unclaimed property? Life insurers are continuing to reach settlements with various states after they were caught failing to pay death benefits despite having reason to know their policyholders had died. Under the settlements, insurers including AIG, MetLife, Prudential and Nationwide are now regularly checking the Social Security…
December 21, 2012 Doubts Raised About NFIP Borrowing Authority Increase BY ARTHUR D. POSTAL, PROPERTYCASUALTY360.COM The fate of what is seen as a needed increase in the borrowing authority of the National Flood Insurance Program before year-end is in doubt as Congress breaks until Wednesday. For one thing, as of this morning, opposition in the…
December 18, 2012 Group says fire survivors need more time Advocacy group slams proposed CC&R changes for rebuilding after fires A proposed CC&R amendment that would require homeowners in a community in Rancho Bernardo to rebuild their homes within two years of a wildfire is getting criticism, not just from some residents but also from…
December 18, 2012 Learn the Seven Things That Homeowners Should Know About Their Homeowners Insurance Policies Reviewing a homeowners’ insurance policy can be challenging, but with more insurers inserting provisions to shift risk and costs to homeowners, a careful read is more important than ever. To help with the process, the Consumer Federation of America CFA) and United Policyholders UP) released…
December 18, 2012 Homeowners can challenge insurers’ estimates Before agreeing to an insurance settlement that falls short of covering their storm-repair bills, homeowners may want to consider the tale of Warren S. Dank. As Sandy battered Long Island, Dank’s backyard generator burst into flames, destroying a shed and melting the vinyl siding off…
December 10, 2012 Homeowner’s insurance: Checklist to ensure adequate storm coverage Quick, answer this about your homeowner’s policy: Does it cover replacement cost? Do you have “extended limits”? What’s the exact dollar amount of your hurricane deductible, and what category storm triggers it? Regarding flood insurance: What’s your home’s likelihood of flooding, according to the National…
December 10, 2012 After Hurricane Sandy: Preparing Your Home For a Move After Hurricane Sandy: Preparing Your Home For a Move Written by Mary Davis, Moveboxer.com Hurricane Sandy has swept through the East Coast. People are slowly coming out of their homes to survey damage to their homes, businesses, and cities. For those people who have the…
December 10, 2012 Maximizing Insurance Recoveries for Sandy Losses – Resources for Small Businesses, Nonprofits, and Homeowners
December 10, 2012 New York Law School – Updates for Students From Dean Anthony Crowell Re: Superstorm Sandy Updates for Students From Dean Anthony Crowell Dear Students, As New York City and the metropolitan area continue to recover from Hurricane Sandy, we hope all of the members of our community and their families are safe and faring well through the disruptions caused by…
