Latest News in Home Insurance - Aug 18, 2008
August 18, 2008
OneBeacon Said to Hire Lehman to Sell Auto, Home Unit (Update1) - Bloomberg 15 Aug 2008 at 1:53pm Aug. 15 (Bloomberg) — OneBeacon Insurance Group Ltd. , the 177-year-old insurer that paid claims on the sinking of the Titanic, is seeking a buyer for its auto and home division in a sale that may... Read more »
North Pacific Cyclone Activity Expected Close to Normal
July 26, 2008
The region will experience 30 tropical cyclones and 19 typhoons, which is considered average or slightly above average, The latest updated prediction of seasonal tropical cyclone activity for the North Pacific this year by Reinsurance broker Guy Carpenter & Co llc predicts. The report indicates... Read more »
Travel Insurance for Hurricane Season - What You Need To Know
July 13, 2008
Tropical Storm Bertha is currently blowing in the Atlantic, and the August peak of hurricane season is coming soon. With experts forecasting higher than usual hurricane activity this June through November, Squaremouth, America’s fastest growing travel insurance comparison web site, today announces... Read more »
Ensure You WEAR Your Life Jacket on Your Boat
July 10, 2008
Boating season will soon be in full swing, and enthusiasts from across the country are getting ready to hit the water for a season of sun. Before hoisting anchor, however, captain and crew should take a few moments to review boating basics: according to the latest available data from the U.S. Coast Guard,... Read more »
Allstate Must Lower Homeowners’ Insurance Rates $242 Million a Year As A Result Of Proposition 103’s Consumer Protection Rules
July 10, 2008
Good news for Californian consumers with homeowners’ insurance: a significant premium reduction coming up! Consumer Advocates Applaud Commissioner Poizner’s Ruling, Shift Focus To Investigation of Possible Refunds for Past Allstate Overcharges Allstate homeowners’ insurance customers will... Read more »
Inside the Mind of an Underwriter - Demystifying the Underwriting Process - I
July 6, 2008
by Chris Sheppard Have you ever wondered who that person is behind the curtain? Contrary to what you may think, it’s not the Wizard, but the insurance company underwriter. Believe it or not, there is a real, live person on the other end of your insurance contract. The underwriter is the central... Read more »
Mortgage Payment Protection Provides A Tax-free Income
July 4, 2008
When your mortgage repayments come round each month you have to have the money to be able to pay it. If you do not then you will get a letter from your lender asking why. Miss another repayment and you are looking at having repossession proceedings brought against you and losing your home. If you lose... Read more »
America’s Best Drivers ~ Allstate reports
July 3, 2008
NORTHBROOK, Ill., July 1, 2008- Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual “Allstate America’s Best Drivers Report™.” The average driver in Sioux Falls experiences an auto collision every 14.6... Read more »
Income Tax Burdens For the Non-Spouse Beneficiary: Perils of Failing to Roll a 401k into an IRA
July 1, 2008
Have you heard about a “stretch IRA” and wondered if it was some special kind of IRA? Well, it isn’t. In the simplest terms, a stretch IRA is an IRA that has a beneficiary designation that provides for the possibility of maintaining the tax deferred status of the IRA after the death of the IRA... Read more »
Annual Travel Insurance Policies - Great For The Regular Traveller
June 27, 2008
Just as we need to insure life, home and possessions, we need travel insurance against travel risks. Insurance companies have custom made plans for every type of travel so that you do not end up paying more if you are a frequent traveler. Standard plans offer risk cover for at the maximum for 90 days... Read more »
