May 31, 2011
Nearly nine months since a wildfire ripped through Fourmile Canyon, frames for new homes are beginning to dot the once ash-covered foothills west of Boulder. But for many victims, the rebuilding process is moving excruciatingly slowly, as they continue to grapple with insurance companies over settlements. Building permits have been issued for 28 of the 169 homes destroyed. Meanwhile, complaints...

May 4, 2011
Some home insurers are offering you some green for going green. Through add-ons to policies, home insurance companies are covering eco-friendly updates to a home after it has sustained an insurable loss, such as damage from a fire or storm. Some policyholders even can score premium discounts for certified environmental features that already are in place. “One of the few silver linings to having...
As posted at:

April 20, 2011
In the wake of more than 245 tornadoes that slammed into parts of North Carolina, Oklahoma, Texas and other southern states last weekend, leaving 45 people dead and leveling hundreds of homes, insurance companies have been flooded with thousands of claims, which ultimately could mean rising costs for all homeowners. Already, State Farm, the largest property insurer in hard-hit North Carolina, has...

April 18, 2011
Many U.S. homeowners haven't insured their homes against earthquakes and other disasters, but the devastating losses in the wake of the recent earthquake and tsunami in Japan may cause people to give their insurance policies another look. As well they should. Earthquakes have occurred in 39 states since 1900, according to the Insurance Information Institute, a nonprofit supported by the insurance...

April 11, 2011
The advice can’t get any simpler than this: "People who live near fault lines should have earthquake insurance," says Amy Bach, executive director of the United Policyholders consumer organization. Will the disaster in Japan be the crisis that compels Americans in quake-prone areas to pay more attention to earthquake insurance? "I am hopeful this will cause some property owners to make the...

April 3, 2011
SAN FRANCISCO (CBS 5) – It will take some effort, but it is possible for San Francisco residents to buy flood insurance. According to Amy Bach of the consumer group United Policyholders, some San Francisco residents have been having a hard time buying policies. Bach said it’s partly because some agents aren’t up to speed on the product and until now, haven’t been selling many policies.   “I...

March 28, 2011
Just 12% of homes in the state with fire insurance also have earthquake coverage, according to the California Earthquake Authority. Here's what consumers shopping for coverage need to know. Reporting from Sacramento— The massive earthquake and tsunami that struck Japan will cost insurance companies billions of dollars. In seismically active California, though, just 12% of homes with fire...

March 23, 2011
Most policies don't cover things like Egypt's unrest or New Zealand's quake. They typically pay off if you get sick and need a flight home. International travelers are cursed with interesting times: The first two months of 2011 already have been marked by an earthquake in New Zealand, mudslides in Brazil, and unrest in North Africa and the Middle East. Scary headlines as much as worries about...

March 3, 2011
Patrick Rodgers, the Philadelphia homeowner with the "foreclosure" case against Wells Fargo Home Mortgage that made him a national celebrity, declared victory last week. To settle his claim under the Real Estate Settlement Procedures Act, he says, Wells Fargo (WFC) agreed to reverse thousands of dollars in charges on his mortgage, plus other concessions. Rodgers has joked that he'd be happy to...
As posted at: Philadelphia Inquirer

February 22, 2011
Buyer beware: Residents grappling with rebuilding costs after the Fourmile Fire near Boulder may receive only a fraction of the money they need to restore their homes. Do insurance companies underinsure customers as a means of staying competitive? For many victims of the Fourmile Fire in Boulder County, Colorado, the five months after the fire has brought little relief from insurance carriers....