Federal Emergency Management Agency (FEMA) has arranged for a free meeting with the mitigation specialists in Nashville during the 3rd week of July i.e 12th to 19th July. Homeowners who are planning to rebuild their homes can make use of this opportunity to seek free advice from the mitigation specialists before starting the rebuilding work.
If you are in Nashville and are planning to rebuild your home using your home owners insurance or otherwise, do make sure you are at The Home Depot Store
July 10, 2010
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Auto insurance and home insurance solutions have provided best in class solutioning to one and all. Auto insurance solutions aim at transferring the risk from accidental damages and other natural calamities from the insurer to the insurance service provider on the go in a sequential manner. Most of the auto insurance solutions are custom made and auto insurance premium is paid as a consideration to own the autoinsurance policy.
Various auto insurance underwriting options can be considered by
May 28, 2010
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Types of home insurance coverage and ways to get them at low cost
Your home is one of your most valuable assets. To protect yourself from suffering financial loss associated with damage caused to your property due to man-made or natural disasters, you must purchase home insurance. You can read through a glossary of insurance terms to gather some knowledge about the different types of coverage offered by home insurance.
What are the different types to home insurance coverage?
The main
May 16, 2010
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Federal Emergency Management Agency(FEMA) has announced that relief funds from Washington are available for storm relief in Nebraska. Nebraska had severe storms from March first week to April first week. Relief funds can also be used for ice jams and flooding damages.
It should be noted that home insurance policy generally covers damages associated with storms while flooding coverage has to be purchased separately using Flood Insurance.
Home owners should contact their respective home insura
April 25, 2010
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Texas Department of Insurance has said in its financial reports, that the home insurance market had an average loss ratio of 67.3% in 2009. This is a much better year compared with the previous five years which had lots of hurricanes. After hurricane Ike in 2008 devastated the home insurance market in Texas, 2009 looked promising and solid.
This is good news at a time when many home insurers wanting to exit the market or raise the rate hikes in order to sustain in the market. As of now the ho
April 15, 2010
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Charlie Crist the Flordian Governor has reiterated his stand against the Property Insurance Deregulation bill for hiking the Home Insurance rates. Crist said he would veto any such move for rate hike. It should be noted that Crist has vetoed a similar bill last year.
Through Crist is fighting his own party members supporting the bill, Crist holds his ground no matter what. Last week former Governor Jeb Bush was critical of the opposition to the bill and pointed out that several Florida Home I
April 9, 2010
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In a surprising move State Farm has sued the Texas Department Of Insurance for making some of its proposals for insurance rate hikes public on the state agency's website.
State Farm says some of its proposal information is confidential and since Texas Department of Insurance has made them public, it would benefit the companies competitors. State Farm is particular about some documents related to reinsurance that would be of value to its competitors.
On the other side the state department
April 1, 2010
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Legislature's Property Insurance Deregulation bill is being debated though the Florida state governor Charlie Crist is not in favor of such a bill. Last year the governor vetoed the bill as it was proposing for complete deregulation of the major property insurance companies in Florida.
This year the revised bill seems to ask for 5% increase in the first year, 10% increase in the second year and 15% increase thereafter with no regulation whatsoever. This is deregulation in disguise.
The ar
March 27, 2010
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Kansas Insurance Department are receiving requests for home rate increase from insurers for 15%. Kansas has experienced record losses due to storm in the past 2 years and this is forcing insurance companies to request for a rate increase. It should be noted that rate increase for anything less than 12 percent is approved automatically.
Kansas residents filed over 137,000 insurance claims worth over $600 million in 2009 of which the majority of the claims are for property damage. This was in a
March 19, 2010
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Citizens Property Insurance Corp., expecting an "above normal" hurricane season is planning to raise funds by selling $2 billion in tax-exempt bonds by the end of this week. Citizens is Florida government-owned which is a major player in the Florida market with around 22% market share.
It comes under the backdrop of forecasts for around 5 hurricanes to strike Florida during this year's hurricane season from June 1 to November 30. Citizens has benefited from the past 4 years of hurricane free
March 15, 2010
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