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Does Your Mobile Home Insurance Cover Flood?

BISMARCK, N.D. - July 12, 2011 - (RealEstateRama) -- North Dakota residents whose mobile homes have been flooded will need to provide proof that their mobile home insurance has no flood coverage before they can receive disaster housing assistance fr...

Second Building Phase at Cranberry Hill Estates Selling Briskly

SHELTON, CT - July 1, 2011 - (RealEstateRama) -- A one-of-a-kind mix of classic style, smart energy-efficient features and luxurious amenities have helped propel steady sales at Shelton’s new Cranberry Hill Estates as phase two of construction at the Armstrong Road community continues, reports John Tarducci, Senior Vice President of the New Homes Division at William Raveis Real Estate, Mortgage & Insurance.

American Institute of Architects To Develop Database of Stalled Projects Suitable for Investor Financing

Chicago, IL - June 29, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) today announced it would make available to potential investors a database of stalled building projects nationwide that make economic sense but which lack the financing to be completed.The AIA is announcing this commitment here today as a participating member at CGI America, the first conference of the Clinton Global Initiative solely dedicated to economic issues impacting the United States. The database should be available in coming months.

Builders Back Reauthorization of Flood Insurance Program

WASHINGTON, D.C. - June 23, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today expressed support for a five-year extension of the National Flood Insurance Program (NFIP) to ensure that the federally-backed flood insurance program remains efficient and effective in protecting flood-prone properties and creates more stability in the housing market.Testifying before the Senate Banking Committee, Barry Rutenberg, first vice chairman of NAHB and a home builder from Gainesville, Fla., told lawmakers that because the NFIP has had to undergo a series of short-term extensions over recent years, it has created a high level of uncertainty in the program and caused severe problems for the nation’s already troubled housing markets.

Campbell Introduces Bill to Reduce Commercial Property Insurance Prices

Washington, DC - June 17, 2011 - (RealEstateRama) -- Representative John Campbell (R-CA) and Representative Peter Welch (D-VT) have introduced H.R. 2126, the Risk Retention Modernization Act to allow risk retention groups (RRGs) and risk purchasing groups (RPGs) to expand their insurance offerings to include commercial property coverage. This legislation would encourage increased competition in premiums and significantly lower the rates consumers, especially small businesses, pay in places where coverage is currently very limited and relatively unaffordable.

Two Pennsylvania Men Charged With Damaging Homes in South Jersey in Order to Collect...

TRENTON, NJ - June 16, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Division of Criminal Justice Director Stephen J. Taylor announced that two Pennsylvania men and a construction company have been charged in a state grand jury indictment for their alleged roles in an insurance fraud scheme that targeted homes purportedly damaged by hail.

More than 100 NeighborWorks HomeOwnership Centers Now Open

Washington, D.C. - June 13, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that more than 100 NeighborWorks HomeOwnership Centers have opened their doors in more than100 communities across the nation. NeighborWorks HomeOwnership Centers help low- and moderate-income families achieve homeownership the NeighborWorks way:

BuildFax Teams With Equifax to Deliver Unique Property History Intelligence Assets to Insurance...

Austin, TX - June 7, 2011 - (RealEstateRama) -- BuildFax, the industry's exclusive creator of the largest commercial and residential permitting database in the United States, today announced that it has joined forces with Equifax Inc. (NYSE:EFX) to give property & casualty insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception. Now, Equifax customers can gain immediate access to BuildFax’s unique, differentiated data assets, which include property history information representing 60 percent of the nation’s building permit volume. Through this relationship, insurance carriers can improve the accuracy of underwriting valuation models to develop more effective pricing strategies and reduce the potential for fraud

Agencies Extend Comment Period on Risk Retention Proposed Rulemaking

WASHINGTON, D.C. - June 7, 2011 - (RealEstateRama) -- Six federal agencies have approved and will submit a Federal Register notice that extends the comment period on the proposed rules to implement the credit risk retention requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The comment period was extended to August 1, 2011, to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by June 10, 2011.

Storm Chasers & Home Improvement Scams

West Haven, CA - June 6, 2011 - (RealEstateRama) -- Well the season for strong storms has arrived, which are typically followed by beautiful weather. Unfortuantely, these severe weather patterns are also follwed by storm chasers, and not the kind looking to catch a cow flying through the air on video. These storm chasers are looking to take advantage of bewildered, confused, and desperate homeowners looking to get their homes back in good shape as soon as possible.

With Tornado and Wind Damage Covered by Homeowners Insurance, Patrick-Murray Administration’s Division of Insurance...

BOSTON, MA - June 2, 2011 - (RealEstateRama) -- With tornado damage covered by homeowners’ insurance, the Patrick-Murray Administration’s Division of Insurance is offering tips on the best way to file a claim with an insurance company to families who suffered damage in yesterday’s tornadoes and storms.

Wicker Introduces Flood Insurance Reform to Provide Certainty for Homeowners

WASHINGTON, D.C. - May 26, 2011 - (RealEstateRama) -- U.S. Senator Roger Wicker (R-Miss.) today introduced the Consumer Option for an Alternative System to Allocate Losses (COASTAL) Act to reform the National Flood Insurance Program (NFIP) by using increased data during the claims process. Wicker’s legislation would provide greater certainty to homeowners and the insurance market, ensuring certain losses from future storms are settled in a timely and equitable manner

MID stresses checking Flood and Homeowners Policies for Hurricane Preparedness Week

Jackson, MS - May 24, 2011 - (RealEstateRama) -- While other parts of the state are dealing with the aftermath of the flooding and tornado natural disasters, Commissioner of Insurance Mike Chaney and the Mississippi Insurance Department (MID) remind coastal Mississippians that hurricane season begins in a little over a week. Preparations for a forecasted active, 2011 Hurricane season need to begin now, during National Hurricane Preparedness Week, May 22-28, 2011.

Phase 2 Construction Starts at Cranberry Hill Estates

SHELTON, CT - May 17, 2011 - (RealEstateRama) -- Early sales success at Shelton’s Cranberry Hill Estates has accelerated the start of Phase 2 construction at the Armstrong Road community, announced John Tarducci, Senior Vice President of the New Homes Division at William Raveis Real Estate, Mortgage & Insurance.

Governor Bobby Jindal Announces the Reappointment of Jerry Carlisle to the Louisiana Citizens Property...

BATON ROUGE, LA - April 29, 2011 - (RealEstateRama) -- Today, Governor Bobby Jindal announced the reappointment of Jerry Carlisle to the Louisiana Citizens Property Insurance Corporation Board of Directors.

New Errors and Omissions Insurance Benefit Provides Protection for Realtors

Washington, DC - April 18, 2011 - (RealEstateRama) -- Realtors® now have access to an errors and omissions insurance program from the National Association of Realtors®’ newest REALTOR Benefits® Partner, Victor O. Schinnerer & Company, Inc.

Steve Slepcevic – Disaster recovery Ideas Provide to decrease the disaster’s affect

Los Angeles, CA - April 18, 2011 - (RealEstateRama) -- Paramount Disaster Recovery Company invented by Mr.Steve Slepcevic is most important national disaster response, revitalization and revival Company in the USA. Paramount Disaster has become a major head in national adversity crisis response and in creation under the brilliant guidance of Mr. Steve Slepcevic.

New Product Line Offered To Mortgage & Insurance Companies

West Haven, CT - April 13, 2011 - (RealEstateRama) -- ConstructionConfidant.Com is proud to to announce that our popular "Homeowner Defender Service" is now available to serve the needs of the mortgage banking and home insurance agencies accross the country. Our unique and innovative approach helps protect homeowners from home improvement scams, control unforseen costs, and walks your clients through the entire construction process.

NLIHC URGES HOUSING ADVOCATES TO TAKE ACTION ON CRUCIAL BUDGET VOTE

April 13, 2011 - (RealEstateRama) -- Late last week, budget negotiators struck a last-minute deal on the FY11 budget to reduce federal spending by $38.5 billion. This budget deal averted a government shutdown.

DELAWARE INSURANCE COMMISSIONER STEWART QUESTIONS FEDERAL HOME LOAN BANK MEMBERSHIP PROPOSALS

Dover, DE - April 13, 2011 - (RealEstateRama) -- Delaware Insurance Commissioner Karen Weldin Stewart, CIR-ML, through a letter sent by her Department to the Federal Housing Finance Agency (FHFA), expressed serious concerns regarding an Advance Notice ...

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

DOI

Secretary Bernhardt Announces $227 Million for State Outdoor Recreation and Conservation...

U.S. Secretary of the Interior David Bernhardt today announced $227,125,000 will be distributed from the Land and Water Conservation Fund (LWCF) to all 50 states, five U.S. territories