June 22, 2010
Beatrice E. Garcia At first glance, Allstate's release of documents it has zealously guarded for more than a decade as ''trade secrets'' could be seen as an orchestrated move to keep Florida regulators at bay and let the company keep writing new policies. Earlier this month, Allstate posted on its website 150,000 pages of documents — mostly PowerPoint presentations and company reports prepared...
As posted at:

June 22, 2010
Even though it's been six months since wildfires ravaged more than 1,600 homes in the San Diego area, only a handful have begun to rebuild. That's because for many wildfire survivors, dealing with their insurance companies was like a second disaster. Reporter David Nogueras has more. Jeanette Stratton returned to her San Pasqual neighborhood six months ago to find her three bedroom, two story...
As posted at:

June 22, 2010
The Supreme Court struggled last week with how much weight to give an insurance company's potential conflict of interest when it denies an employee's health or disability benefits claim. The lawyer representing the Ohio woman who sued MetLife Inc. over a disability claim argued that insurance companies have a financial incentive to deny claims. That conflict of interest should weigh heavily in...

June 22, 2010
Earthquake, typhoon, wildfire. “What I see from other parts of the world, even the nation, I think California could learn more,” reflected University of California, San Diego Professor José Restrepo. The director of Operations for the Charles Lee Powell Structural Laboratories lived through a 7.2 magnitude earthquake in Columbia in 1979, which fueled his interest in structural engineering. He...
As posted at:

June 22, 2010
Scores of Witch Creek fire victims are learning they do not have enough insurance to rebuild an equivalent home. Valerie Brown, RB United project coordinator, said at least 110 families she is helping navigate through the recovery process have discovered their homes were 30 to 50 percent under-insured. Because not all local fire victims are registered with RB United, its area includes RB, Poway,...
As posted at:

June 22, 2010
Los Angeles, CA (AHN) - A survey by United Policyholders slated for release Friday states widespread underinsurance of properties in California, unveiled by the recent wild bushfires. The San Francisco-based consumer organization surveyed 274 residents on the extent of the damage the wildfires caused on their properties. Three-fourths of the survey respondents said they were underinsured, while...

June 22, 2010
Are policies adequate to help make homeowners whole?   Stan Newman figures it will cost him close to $400,000 to rebuild his three-bedroom home, which burned to the ground in the fall when a wildfire swept through his neighborhood in the San Diego County community of Rancho Bernardo. But he was stunned when he discovered that his insurer, Amica Mutual Insurance Co., planned to pay him $240,...

June 22, 2010
Hundreds of people who lost homes in last year's wildfires did not have enough insurance to cover their rebuilding costs, according to a survey sponsored by United Policyholders, a San Francisco consumer organization. The survey asked 274 people about the losses they incurred in the wildfires that last fall swept across Southern California. Three-quarters of respondents said they didn't have...

June 22, 2010
  Commissioner Hosts Wildfire Preparedness and Mitigation Roundtable with Insurance Industry, Consumer Groups and Fire Officials in San Diego SAN DIEGO: After bringing together insurance industry executives, consumer groups and fire officials to discuss preparations for future potential fire disasters, Insurance Commissioner Steve Poizner announced an effort to create economic or other...

June 22, 2010
After bringing together insurance industry executives, consumer groups and fire officials to discuss preparations for future potential fire disasters at a roundtable held on May 12, 2008, California Insurance Commissioner Steve Poizner announced an effort to create economic or other incentives for insurers and consumers to mitigate fire risks and increase disaster preparedness. "While we will...