June 21, 2010
Young adults are one of the largest groups that lack health care coverage in the United States. With the new health care reform bill going into effect in a few months, dependents under the age of 26 will be able to be added onto their parents health care policy even if they're married, have a pre-existing health condition or are no longer in college. But some may have to wait an entire year to...

June 18, 2010
LOS ANGELES-- Experts say insurance companies are sufficiently well capitalized to handle the flood of claims that will arise from the Southland's latest wildfires, it was reported today. "The majority of those who lost their homes do not need to worry about the solvency of companies they're insured with," Amy Bach, executive director of United Policyholders, a San Francisco advocacy group, told...

June 18, 2010
Some policyholders believe companies deliberately sold them less coverage than they would need to rebuild. An industry group says the issue is overblown.   When Dave Wilder and his wife, Lynn, surveyed the remains of their Running Springs house after it burned to the ground in a wildfire near Lake Arrowhead in October 2007, the thing that struck him most wasn't the devastation, and it wasn't...

June 18, 2010
Many homeowners in California have discovered that their homes that were destroyed by recent wildfires were underinsured. So who is to blame, the homeowners or insurance agents?   When Dave Wilder and his wife, Lynn, surveyed the remains of their house after it burned to the ground in a wildfire near Lake Arrowhead east of Los Angeles in October 2007, the thing that struck him most wasn't...

June 18, 2010
The Tea Fire is out but many of our neighbors are just beginning the process of putting their lives back together from the ashes that remain. Montecito Rotary Club President-elect shared the following informationfrom Karen Reimus, who has experience in the aftermath of fire destruction and has become very active in helping others to rebuild their lives. Disaster Recovery Handbook“The Disaster...

June 18, 2010
SACRAMENTO - Insurance Commissioner Steve Poizner rode to victory in 2006 partly on the effects of a TV ad ridiculing his opponent, Cruz Bustamante, for taking bagloads of cash from the industry he wanted to regulate. Two years later, Poizner has held firm to his pledge to refuse insurance industry contributions, even as he lays the groundwork for what will be an expensive run for governor in...

June 18, 2010
San Francisco, California - 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...
As posted at: WTSP

June 18, 2010
Dealing with an insurance company is never on anyone's list of favorite things to do, but you'll be more successful if you know how to make your case when filing a claim. That includes what not to say to your insurance company. Charles Thomas still isn't sure which was worse - the fire that broke out on the deck of his home two years ago, or trying to get his insurance company to pay up. "I...

June 14, 2010
I am not much of a fan of "could it happen here" stories, but the earthquake in Haiti does remind us that much of the United States, in fact much of the world, lives along fault zones. In the last 110 years, quakes have shaken the ground in 39 states. Ninety percent of Americans live in potential quake zones. Geologists now believe that major quakes anywhere could weaken faults worldwide. So,...

June 14, 2010
When Jen Freeland and her husband bought their house in Chattanooga, Tenn., they purchased a homeowners policy with an annual premium of $680. Two years later, the bill jumped to nearly double that. "We've never had a claim on our homeowners insurance and we'd like to keep it that way," Freeland says. "But our premium kept climbing." In 2008, their policy hit nearly $1,000 and this year it topped...
As posted at: ABC 15