Insurance

What You Need to Know About Insurance Before Disaster Strikes

August 19, 2008 - (RealEstateRama) — As the nation braces for the hurricanes, wildfires, tornadoes and floods that accompany the spring and summer disaster season, nearly half of U.S. consumers are insufficiently prepared — in terms of their insurance coverage — to deal with potential losses, according to new research by the National Association of Insurance […]

Most Expensive States To Insure A Home

Parts of coastal Texas and Mexico were treated to 15 inches of rain courtesy of Hurricane Dolly, a Category 2 storm that made landfall last month. Its 100 mile-per-hour winds made it the most powerful U.S. storm since Wilma, a Category 5 storm in 2005.

Insurance Commissioner Poizner Announces $50 Million Rate Cut For Northern California AAA Homeowners Insurance Policyholders

Rate Cut to Save Bay Area Homeowners More Than $28 Million
SAN FRANCISCO - Insurance Commissioner Steve Poizner today announced a 10.6% rate cut for California homeowners, a total savings of $50 million for California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) customers, including more than $28 million in savings for Bay […]

My Safe Florida Home program comes to an end

TALLAHASSEE, Fla. – July 3, 2008 – Florida Chief Financial Officer Alex Sink announced today that the My Safe Florida Home (MSFH) program will end this weekend, once it meets the Florida Legislature’s goal of approving 400,000 homeowners for free wind inspections.

Green Insurance

Commercial buildings have green insurance, and now at least one company says it will start to offer green insurance for residential property starting this summer, though it may not be available in Florida until later in the year.

CBIA Sharply Reduces 2008 Housing Forecast

Production Likely to Be Lowest on Record; Homebuilders Call on Lawmakers to Take Quick Action
SAN FRANCISCO – California homebuilders are expected to begin construction on just 72,000 homes, condominiums and apartments this year, significantly lower than earlier forecasts. If that level is correct it will be the lowest production in the Golden State since […]

My Safe Florida Home program approaching goals

TALLAHASSEE, Fla. – June 24, 2008 – Procrastinators take note: If clients want a free hurricane home inspection courtesy of the State of Florida, sign up now. Most homeowners save money on property insurance following an inspection, but the program will achieve its goals and probably stop taking new applications later this summer.

California Association of REALTORS, Costello & Sons Insurance to form “Real Estate Risk Services”

LOS ANGELES – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and Costello & Sons Insurance (CSI) today announced the creation of Real Estate Risk Services LLC (RERS), a subsidiary of Real Estate Business Services Inc. (REBS).

Diamonds, Gold and More—Unclaimed and For Sale Online

(INDIANAPOLIS, IN)— From the valuable to the unusual–since 2006, Indiana’s auction of unclaimed assets has collected nearly $135,000, announced Indiana Attorney General Steve Carter. The auctioned items, found in safe-deposit boxes turned over to the state as unclaimed property, include a 2 carat diamond ring that sold for $3,250, and a casket key that fetched […]

Commissioner Donelon urges consumers to protect their property with flood insurance

One-month countdown to the 2008 hurricane season begins today
With experts predicting another above-average hurricane season beginning June 1, Commissioner of Insurance Jim Donelon is urging people to protect their home and property against the most frequent natural disaster in Louisiana – floods.