August 11, 2010
They griped, they vented, they asked questions on how to fight back, and they vowed to make their voices heard. "The insurance companies, I think they gave us bus fare," said Homer Charles, whose family owns several properties in the Lower 9th Ward. "They gave me $2,300 to fix the roof," complained mother and former bus driver Eiela W. Magee, who owns 1009-17 S. Telemachus St. "I said, 'If you...
As posted at: Times Picayune

August 11, 2010
GERRI WILLIS, CNN ANCHOR: A Mississippi lawsuit rocks the insurance world and could impact your policy. Avoid a deadly natural gas leak and exactly how to avoid danger and return home safely after a severe storm. Good morning, everyone. I'm Gerri Willis and this is OPEN HOUSE. Right now, a Mississippi courtroom is the site for an insurance showdown, the first of possibly 3,000 post-Katrina...
As posted at: CNN

August 11, 2010
Tips for making sure you have enough home insurance: Get estimates from multiple insurance agents about what it would cost to rebuild your home. STORY: Wildfires spotlight insurance-coverage issues Consider paying a contractor to assess the cost of rebuilding. "I would do that at least once, to get a baseline and then adjust for inflation" and for improvements you make through the years, says...

August 11, 2010
NEW YORK (CNNMoney.com) -- It's hasta la vista Allstate. The third-largest California insurer said last week it will stop writing new homeowner policies starting in July, pointing at the high risk of catastrophes in the state. The company said it will continue to serve customers with existing homeowner policies and that it will renew those policies when they expire. If you are an Allstate...

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 cheapest and...

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 If you get a letter stating your insurer won't...

August 10, 2010
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.com) listen to this story TESS VIGELAND: Here in California, we've had a sneak peek at what's...

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. Riemer to...

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. But according to Amy...

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 -- corporate and individual, according...