September 22, 2017

 

Hurricane Jose weakened to a tropical storm this morning, but it could still bring rain during the morning commute and whip up strong winds during the day.

New York City was spared a direct hit by Jose, but the storm flooded areas from New Jersey to Long Island.

With more extreme weather events predicted for New York City and the surrounding area, flood insurance might...

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September 22, 2017

San Diego got an eye-opening report last week about its earthquake risk. The Earthquake Engineering Research Institute reported that San Diego's Rose Canyon fault could trigger a 6.9 magnitude quake, resulting in up to 2,000 fatalities and $40 billion in property damage.

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September 21, 2017

 

As homeowners continue to file insurance claims in the wake of Hurricanes Harvey and Irma, a research report released by the Rutgers Center for Risk and Responsibility at the Rutgers Law School in Camden, N.J., suggests many could find that their level of protection depends on the state where their damaged home is located.

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September 19, 2017

As homeowners affected by Hurricanes Harvey and Irma file insurance claims, many will find out that the level of protection they have when there are problems dealing with their insurance companies depends on the state where their damaged home is located.

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September 19, 2017
A nonprofit policyholder advocacy group on Monday urged the full Ninth Circuit to ax a panel's decision that the Los Angeles Lakers aren't covered for class allegations that the team sent unwanted text messages to fans in violation of the Telephone Consumer Protection Act, saying the ruling flouts basic insurance law principles.
 
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September 7, 2017
Imagine losing everything in a disaster like Hurricane Harvey, then having to list all of your possessions to file an insurance claim — every plate, holiday decoration and piece of clothing for starters.
 
Without a home inventory, this would be the toughest memory test you'd ever face, and forgotten items could cost you in the form of a lower insurance payout....
September 7, 2017

Harvey and Irma could trigger requirement that homeowners pay percentage of insured value of property. Tens of thousands of homeowners hit by Hurricane Harvey may soon find out they are on the hook for extra payments under their insurance policies, and that number could rise into the millions if Hurricane Irma sweeps through Florida.

The storms are expected to trigger widespread use of...

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September 6, 2017
Sure, you have homeowners insurance, but there's a good chance you don't have enough. CoreLogic says 1 in 4 homes are underinsured by at least 20 percent.
 
With the average home price up more than 30 percent over the past five years, cruising Zillow, Trulia or Realtor.com is likely to set off soothing homeowner net-worth endorphins.
 
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September 6, 2017
Larry Blair of San Mateo buys flood insurance only because his lender requires it, and for years he thought his only option was the National Flood Insurance Program.
 
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