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 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 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…
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 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…
December 10, 2012 Is Your Homeowners Insurance Falling Short? The Cleanup From Superstorm Sandy Has Been an Exercise in Frustration for Homeowners. Here’s How to Maximize Insurance Payouts—and Reduce the Hassle of Filing a Claim. Click here to read the whole article online.
December 6, 2012 Sandy Victims Should Winterize Their Homes Coverage Can Exclude Frozen & Burst Pipes, If Precautions Aren’t Taken With winter’s freezing temperatures rapidly approaching, insurance experts are advising victims of Hurricane Sandy to act now to winterize their homes to avoid further damage that won’t be covered by their homeowners policies. Many…
December 6, 2012 Help with Sandy insurance claims — via phone People whose homes or businesses were battered by superstorm Sandy have a potentially useful ally in filing insurance claims: their smartphone. Can’t find your policy number, deductible information or other insurance data needed to make a claim? Use your phone to access a carrier’s website…
December 5, 2012 Sandy’s Crash Course on Hurricane Deductibles An insurance industry that has taken its lumps from hurricanes has come to treat them differently. Today, homeowners insurance often comes with special and potentially steeper deductibles that kick in when claims are related to the punishing storms. Superstorm Sandy recently raised awareness about hurricane…
December 4, 2012 Money Heroes: Three Guardians Protecting Consumers’ Finances Ensuring benefits for policyholders Amy Bach On a crusade since: 1984 Day job: Executive director of United Policyholders Achievement: Advocates for, and assists, insurance customers Why she’s a hero: Representing a New York State agency on an insurance task force in the 1980s, Bach saw…
December 1, 2012 Wind could blow deductibles higher Newsday.com by: Joe Ryan Sandy may not have been a hurricane by the time it slammed into Long Island, but its winds were still powerful enough to trigger higher insurance deductibles that could cost homeowners thousands of dollars. As the tempest swirled toward New York,…
December 1, 2012 SANDY: Warning on Insurance; Thanks to Sandy, premiums could rise on LI www.newsday.com By: Joe Ryan Long after the electricity returns and the gas lines end, last week’s massive storm is likely to take another swipe at Long Islanders by driving up the cost of homeowners insurance, experts say. Private insurance companies are expected to pay out…
December 1, 2012 Insurance Catch-22; Banks may need to co-endorse checks for repairs www.newsday.com By: Joe Ryan For homeowners struggling to rebuild from Sandy, the bureaucratic maze may not end once the insurance settlement check arrives. Consider the plight of Diane Ortiz and George Tranos, whose Amityville home was gutted by a torrent of seawater. Two weeks later,…
November 29, 2012 Hurricane insurance deductibles: What? When? An insurance industry that has taken its lumps from hurricanes has come to treat them differently. Today, homeowners insurance often comes with special and potentially steeper deductibles that kick in when claims are related to the punishing storms. Superstorm Sandy recently raised awareness about hurricane…
