August 10, 2010

NEW YORK (Money Magazine) -- Some insurance decisions are easy. Take life insurance. You know you need it to replace the income your spouse and kids would lose if you died. Insurers don't have much leeway to dispute claims for death benefits because "deceased" is a pretty definite condition.

After you decide how much to buy, you can compare various term policies, see which are the...

August 10, 2010

NEW YORK (CNNMoney.com) - Hurricane season will be here before we
know it. And insurance companies have already been hedging their bets -
canceling and not renewing policies in places like Florida, New York,
Texas and Louisiana.

If you're getting left high and dry by your insurance company,
we're going to tell you what you need to know.

1. Be heard

...
August 10, 2010

Your house in your hands

From national fires to the approach of hurricane season, it's more important than ever to have good homeowner's insurance. Alisa Roth preps us for the right policy. Your house in your hands.
(iStockphoto....

August 5, 2010

The NY Insurance Department recently proposed important new regulations, 11 NYCRR 222, banning discretionary clauses in New York. These regulations are immensely important because they will dramatically increase court scutiny of long term disability denials.

United Policyholders, a non-profit consumer organization which advocates for fairness in insurance transactions, asked Scott M....

August 5, 2010

Insurance companies are in the business of making money. So consumers need to know these tips to avoid getting the runaround.

Charles Thomas still isn't sure which was worse: The fire that broke out on the deck of his San Francisco home two years ago or trying to get his insurance company to pay up. "I explained to them and they could see that I was flooded," said Thomas.

August 5, 2010

The founder of the national law firm Anderson Kill & Olick -- who
built a career based on suing insurance companies -- died July 30 after
complications from pneumonia. Eugene R. Anderson was 82.

Dubbed
"the dean of policyholder's attorneys" by BusinessWeek, he pioneered
influential approaches to insurance coverage litigation on behalf of
policyholders...

August 5, 2010

The next time you’re talking with your insurer about filing a claim, you may want to watch what you say.

July 15, 2010

As we were discussing roofing scams around the office, it prompted some interesting conversation.

After a hailstorm in 2006, a salesperson knocked on my door and offered to fix our damaged roof. I told him I was fine and didn't need his help. Instantly, his tone changed and he became more aggressive, so much in fact, it awoke my husband from a nap.

He thrust his business card...

July 7, 2010

ASI Lloyds, a Florida insurer that
started writing homeowners coverage in Louisiana last year with the
help of a $5-million grant from taxpayers, has been opting not to renew
policies to manage its hurricane exposure in the state.

Last month, Louisiana homeowners got letters from
ASI Lloyds informing them that company had taken on too much risk in
the New...

July 7, 2010

Commercial general liability (CGL) insurance policies generally
cover liability for unsolicited "blast faxes" that violate federal law,
a Florida court has ruled.

The Supreme Court of Florida issued its ruling
Jan. 28 in a case involving a 2003 CGL policy provision on advertising
...