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‘’ 2011 ‘’ December

Archive for December, 2011

BMCC Insurance Gives Tips for Annual Homeowner’s Insurance Checkup

BMCC Insurance Gives Tips for Annual Homeowner’s Insurance CheckupNews from YAHOO!: BMCC Insurance recommends consumers conduct an annual homeowner‘s insurance check-up to insure that they are not under-insured. LosAngeles, CA (PRWEB) December 24, 2011 It’s standard practice for people to have an annual physical check-up. BMCC Insurance recommends conducting a financial health check-up as well. [...]

Months later, East flood victims remain displaced

Months later, East flood victims remain displacedNews from Seattle Post Intelligencer: WEST PITTSTON, Pa. (AP) — In a normal year, Della and Biondo Antonello would have decked their once-immaculate home with strings of festive Christmas lights and trimmed their tree with ornaments collected from around the globe. This holiday season, they didn’t so much as [...]

Disasters bring hefty premium boosts for homeowners

Disasters bring hefty premium boosts for homeownersNews from DesMoinesRegister.com: Tornadoes and other storms slammed U.S. insurance companies throughout 2011, and homeowners’ premiums are starting to rise as a result. Many Iowans are seeing double-digit increases, and a few will pay premiums more than 20 percent higher when it’s time to renew their policies. Why are [...]

New floodplain maps affect thousands

New floodplain maps affect thousandsNews from Where does your home fall? – WOAI: San Antonio — Flooding and additional home insurance may be the last thing on your mind right now, especially since we’re still in a drought. But recent changes to the floodplain maps are now affecting thousands of home and business owners. More [...]

Louisiana Citizens Owes More than $100M to Policyholders, High Court Says

Louisiana Citizens Owes More than $ 100M to Policyholders, High Court SaysNews from Insurance Journal: Louisiana’s highest court has reinstated a nearly $ 100 million judgment against the state’s property insurer of last resort in a class action lawsuit stemming from Hurricane Katrina in 2005. The Louisiana Supreme Court on Dec. 16 issued a judgment [...]

Some Troutman residents to see break on insurance rates

Some Troutman residents to see break on insurance ratesNews from Statesville Record & Landmark: In just a couple of months, homeowners residing within the five-mile district of Barrington and Fallstown (Troutman Fire Department) district will be getting a break on their homeowner’s insurance rates. The fire department received notification from the N.C. Department of Insurance [...]

Getting the best rates on homeowner insurance policies

Getting the best rates on homeowner insurance policiesNews from Reuters: Rick Porche walks through his flooded yard as Tropical Storm Lee slowly makes landfall in Lafitte, Louisiana September 4, 2011. Credit: Reuters/Dan Anderson By John Wasik Mon Dec 19, 2011 3:53pm EST (Reuters) – In just the last year alone, we’ve seen epic snow, wind, [...]

Pennsylvanians Face Sinkhole Threat, But Many Lack Insurance Coverage

Pennsylvanians Face Sinkhole Threat, But Many Lack Insurance CoverageNews from Insurance Journal: A U.S. senator is enlisting the help of Pennsylvania insurance commissioner to help protect the Keystone State’s homeowners from sinkhole damages. In a letter to Pennsylvania Insurance Commissioner Michael Consedine, U.S. Senator Bob Casey (D-Penn.) asked that all new homeowners in the state [...]

PURE Offers Customized Property-Casualty Insurance Coverage for Owners of High …

PURE Offers Customized Property-Casualty Insurance Coverage for Owners of High …News from Sacramento Bee: WHITE PLAINS, N.Y., Dec. 13, 2011 – /PRNewswire/ – Privilege Underwriters Reciprocal Exchange (PURE) today announced the expansion of its customized property and casualty insurance coverage to owners of well-built, high-value homes in Louisiana. “The sophistication and professionalism of Louisiana’s top insurance [...]

Reinsurers root of insurance rate hikes

Reinsurers root of insurance rate hikesNews from Monroe News Star: The News-Star recently reported that State Farm customers in northeastern Louisiana will soon be getting hit with a 19.5 percent rate increase for their homeowners insurance. A spokeswoman for State Farm told The News-Star that the rate increase is coming from “everyday claims” as a [...]

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