Archive for April, 2008

Virginia SOS.

Tuesday, April 29th, 2008

by: Christine Zafra

The president of American Insurance Association (the confederation of all the insurance companies in the United States) Gov. Marc Racicot guaranteed the inhabitants of southeastern Virginia that the insurance sector is concentrated on giving them a fast response in aiding them to recover. These residents, if you remember, have experienced 3 tornadoes in [...]

Important announcement from the I.I.I.!

Wednesday, April 23rd, 2008

by: Christine Zafra

Meteorologists and other experts predicted that the United States in the year 2008 will have lots of hurricane visitors and warned them that perilous storms could terrorize coastal areas from down Texas to Northeastern New England this summer and fall. Also, based on the press release of the Insurance Information Institute (I.I.I.), now [...]

Louisiana issue: “sorry, we don’t cover that”.

Friday, April 18th, 2008

by: Christine Zafra

“Bye doggie. Take care of the trampoline for me.”
A number of the new insurance companies that are relocating to Louisiana and carrying with them policies from the Louisiana Citizens Property Insurance Corp. are keen to sell coverage that is very much different than the usual policy they had..
Some companies do not have coverage [...]

Is that fallen tree covered by my insurance?

Tuesday, April 15th, 2008

by: Christine Zafra

What will you do if for example a tree fell to your backyard and hit your roof, which eventually was damaged by the impact of the tree? You probably wonder if your insurance company covers such.
The fact is, yes, you can go to your insurance company and claim. In addition, it doesn’t matter [...]

First thing to consider when reviewing policies.

Friday, April 11th, 2008

by: Christine Zafra

It’s the dreaded hurricane period once again and the prediction states that we should expect it to be above average (starting June 1). That means, it’s time to inspect your home insurance policies so that you’ll be able to decide whether you have enough coverage for the costs that you house might incur [...]

Who’s responsible?

Tuesday, April 8th, 2008

by: Christine Zafra

Attorney Robert Cintron has filed five federal complaints against the different flood insurance companies. One latest settlement allowed the Commissioner of Key West City Mr. Clayton Lopez to start moving back into his residence after living for more than two years in a provisional trailer van.
The hurricane Wilma way back in 2005 made [...]

Marsh dilemma.

Friday, April 4th, 2008

by: Christine Zafra

Marsh & McLennan, an insurance company from New York, reported a loss of $210 million in the first quarter of their operations, as the insurance security industry experienced a deep plummet in value.
The said company lost about 40 cents per share in their January to March period. It is vital to recall that [...]

Earthquake funding.

Tuesday, April 1st, 2008

by: Christine Zafra

The world is not getting any younger. Experts say that our home existed about 4.55 billion years ago and considering how many things can happen within a century, that’s pretty long a timeline.
The earth moves, and that is the main cause of earthquakes. Earthquakes are generally triggered by the movement of tectonic plates—so [...]


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