June 9, 2010
Groups Want Reversal on Ruling That Companies Can Continue Illegal
Practices Until Someone Gets Hurt
SANTA MONICA, Calif., Feb. 20 /PRNewswire-USNewswire/ -- In an
extraordinary request made late yesterday, eight public interest
organizations asked the California Supreme Court to scrap its recent
decision barring consumers from going to court to block unlawful terms
in a contract unless the...
April 2, 2010
MOBILE, Ala. (WALA) - If you own a home along the Gulf Coast, you learn
to dread hurricane season. You worry about damage to your home and the
damage to your wallet caused by ever increasing insurance rates.
The problem is getting so bad, some folks are organizing to get something done. The big question is...can anything be done?
Charles Hall was born in his home in Fairhope. It's been in his...
April 2, 2010
Insurers are increasingly offering insurance discounts if you already own an environmentally friendly home or car as well as additions to standard policies that cover the costs of going green when renovating after a loss.
According to the Insurance Information Institute, as of last December, 22 companies offered 39 products and services specifically aimed at new green buildings or green upgrades...
October 1, 2005
There is a saying among consumer advocates regarding homeowner's insurance: “Use it and lose it.”
It is not a phrase that insurance companies are particularly fond of. But it sums up how all too many people feel about their homeowner's insurance: if you decide to make a claim, you are in danger of being dropped.
Take the case of Colin and Gabi Baigel of Mamaroneck, N.Y., who had a policy with a...
June 12, 2003
NEW YORK (CNN/Money) - Our homes are more than valuable assets. They're safe havens, and protecting them with insurance is a must. How well you do that depends on the details of your policy. Here's what to look for:
Make sure you can rebuild
The most sweeping coverage you can buy is a Homeowner 3, or HO-3, policy. (In some states, even more deluxe HO-2000 policies are available.) A cash-value...
October 29, 1993
In the Oakland firestorm of October, 1991, the insurance industry's reputation was blackened along with the hillsides.
The industry--excoriated for insensitivity and foot-dragging in its claims handling in Oakland--is determined not to repeat its mistakes this time around. Consumer activists and regulators are watching closely with the same idea in mind.
"We want to make it clear that we will not...