Annuities are good retirement tools, but exercise caution
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…
Bank of America Settles Forced-Place Insurance Claims for $228M
Bank of America Settles Forced-Place Insurance Claims for $228M

Bank of America Corp. agreed to pay $228 million to settle claims the bank overcharged for insurance homeowners were forced to accept when their regular policies lapsed.The amount was disclosed in a document requesting approval for the accord filed yesterday in Miami federal court. Lawyers…
5.1 Southern California earthquake reminds Californians to be prepared for the Big One
5.1 Southern California earthquake reminds Californians to be prepared for the Big One

FOR IMMEDIATE RELEASE: March 29, 2014 Notice to Consumers5.1 Southern California earthquake reminds Californians to be prepared for the Big OneEarthquake insurance can help residents repair, rebuild, or replaceLOS ANGELES, Calif. – The 5.1 La Habra earthquake was significantly more powerful than the 4.4 magnitude…
Farmers Insurance Ordered to Pay Woodward Tornado Victims $15M
Farmers Insurance Ordered to Pay Woodward Tornado Victims $15M

Shelly Hobbie walks through the rubble left of her son’s mobile home in Woodward, Okla. on April 15, 2012. (AP Photo/Sue Ogrocki)An Oklahoma judge has ordered Farmers Insurance and a subsidiary to pay a total of $15 million to three plaintiffs who filed property claims…
Guidance for businesses on buying Cyber Liability insurance
Guidance for businesses on buying Cyber Liability insurance

ISO’s 2014 Data Breach Exclusion EndorsementsPerhaps a large majority of all businesses are subject to data breach liability whereby someone steals or makes unauthorized use of personal or confidential information, often of customers. Such data breaches have resulted in lawsuits and government sanctions. While most…
Cyber Liability and Insurance
Cyber Liability and Insurance
New York Regulator Lawsky asks colleagues to take action against forced-place insurance overcharges
New York Regulator Lawsky asks colleagues to take action against forced-place insurance overcharges
Deadline for filing flood insurance claims from Sept. 2013 CO disaster extended 21 days
Deadline for filing flood insurance claims from Sept. 2013 CO disaster extended 21 days

UP encouraged Colorado public officials and residents to ask FEMA to extend the 60 day deadline for flood victims to file insurance claims. Many people still don’t have access to their homes – so it’s impossible for them to get a complete evaluation/scope of loss…
November 6, 2013 United States Senate Hearing – One Year Later: Examining the Ongoing Recovery From Hurricane Sandy
November 6, 2013 United States Senate Hearing – One Year Later: Examining the Ongoing Recovery From Hurricane Sandy

http://www.hsgac.senate.gov/subcommittees/emdc/hearings/one-year-later-examining-the-ongoing-recovery-from-hurricane-sandy
Cost of Flood Insurance Rises – Along With Worries
Cost of Flood Insurance Rises – Along With Worries

By LIZETTE ALVAREZ and CAMPBELL ROBERTSONMIAMI — Sharp increases in federal flood insurance rates are distressing coastal homeowners from Hawaii to New England and are starting to hurt property values and housing sales in areas just beginning to recover from the recession, according to residents…
Dark Water: A Year After Hurricane Sandy
Dark Water: A Year After Hurricane Sandy

LONG BEACH, N.Y. — In lines at the grocery store and the post office here, the usual pleasantries are still squeezed out by talk of the slow pace of reconstruction, spiking flood insurance premiums and whether the hospital, movie theater or sports club will ever…
Manitou business owners wade through muck to assess losses
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…
Lack of insurance an issue after Manitou flood
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…
Outrage as Homeowners Prepare for Substantially Higher Flood Insurance Rates
Outrage as Homeowners Prepare for Substantially Higher Flood Insurance Rates
FEMA to Buy Out One Home on Old York Road
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…
Flashpoint: Living with wildfire
Flashpoint: Living with wildfire
Businesses pushing to settle claims from Sandy
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…
Toomey, Menendez clash on flood insurance
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…