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Today’s Home Insurance News

June 26, 2008

AAA to offer point and insurance reduction program in August - Observer Today
AAA Western and Central New York will sponsor a six-hour Driver Improvement Program course on Aug. 5 & 6 from 6 to 9 p.m. both evenings at the Kosciuszko Polish Home, 252 Nevins St. in Dunkirk. Class participants will receive a 10 percent insurance …

Rework budgets, but don’t drop insurance - Bradenton Herald
My wife and I sat down this past week to work on our budget. Why? Let’s see, gas is $4 a gallon, so a trip to the grocery store can cause undue stress as well as sticker shock. Just the cost of daily living, which was once not even a thing to ponder …

Q&A on insurer’s plan for joint wind, flood policy - Chicago Tribune
Nationwide Mutual Insurance Co. is lobbying Congress for permission to allow insurance companies to include flood coverage in homeowner policies. The vast majority of flood insurance policies are currently sold by insurers but subsidized by the …

Shopping for Insurance - AOL Money
The residential mortgage market was a major contributor to an economic slowdown in the U.S. in 2007, and homeowners found themselves paying more for homeowner’s insurance — if they were able to find it. Homeowner’s insurance protects homeowners from …

3.25m to move home - In the News
Over 3.25 million Brits are planning to move home over the coming year, according to new research. Would-be …

In China, few are covered by earthquake insurance - Los Angeles Times
SHANGHAI — As a customer-service manager at China Pacific Property Insurance Co., Shen Jie paid visits to dozens of policyholders whose homes and cars were destroyed or damaged by the May 12 earthquake. After recording each case, he could only shake …

Insurer lobbies to sell flood coverage - Biloxi Sun Herald
One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid costly litigation after disasters such …

href="http://www.usatoday.com/money/industries/banking/2008-06-25-mortgage-services-countrywide-lawsuit_N.htm">Homeowners fight for their mortgage rights - USA Today
Beset by financial problems in 2002, Eunice Anderson fell months behind in the mortgage payments on her four-bedroom ranch in Redford Township, Mich., near Detroit. Anderson, 48, a medical insurance auditor, says she was unable to refinance or …

Homeowners Rescue Plan Passes Key Senate Test - CNBC
A massive foreclosure rescue bill overwhelmingly cleared a key Senate test Tuesday, drawing broad support from Democrats and Republicans alike. The Senate voted 83-9 to speed up work on the $300 billion mortgage aid plan, putting it on track for a …

Insurance not required, FEMA told flooded town - CNN
GULFPORT, Illinois (CNN) — All roads in the town of Gulfport, Illinois, lead to nowhere. They all hit a dead end into Mississippi River floodwaters. Most businesses and homes in Gulfport, Illinois, are underwater. Only 28 residents had flood …

Insurer would cover flood - Biloxi Sun Herald
Nationwide Mutual Insurance Co. is lobbying Congress for permission to expand its homeowner policies to include flood coverage. The vast majority of flood insurance policies are currently sold by insurers but subsidized by the National Flood …

Non-Deductible Items - AOL
Some expenses related to owning your home cannot be deducted from your income taxes. The IRS does not allow you to deduct the following items: Insurance premiums you pay for comprehensive (homeowner’s) coverage, or for fire, mortgage or title …

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