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,...
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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...

June 22, 2010
When it comes to health insurance, Valencia resident Tova Hack's first problem is that she works part time and thus needs an individual policy for medical coverage because her employer doesn't offer one. Her second problem is that she's a woman. Hack, 22, a grad student at Cal State Northridge, is insured by Blue Shield of California. She just found out that the cost of her bare-bones, high-...
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June 22, 2010
Policies scaled back after Katrina If Hurricane Gustav hits Louisiana, homeowners will discover that they have less insurance coverage than they did during Hurricanes Katrina and Rita, and they'll be reaching into their own pockets to cover damage. In the past three years, the use of hurricane, windstorm or named-storm deductibles, which means that insurance doesn't kick in until homeowners have...

June 22, 2010
Two Informative Seminars Held   Lake Arrowhead, CA – Rebuilding Mountain Hearts & Lives presented two identical workshops yesterday (September 13) for local residents on how to be prepared for a disaster including proper insurance coverage. Participants at the free sessions will learn the ins and outs of the insurance business from insurance expert Amy Bach from United Policyholders....

June 22, 2010
Three years after Eliot Spitzer decapitated the world's largest insurer, his protégé has stepped in to try to save the company from collapse. New York's insurance superintendent, Eric Dinallo, agreed yesterday to extend a lifeline to American International Group by easing state regulatory restrictions. It is an odd twist in the legacy of Mr. Spitzer, who crusaded against the company's management...
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