Kentucky Moves to Raise Mine Fund’s Home Insurance Limit
The General Assembly has passed a bill that would allow the Kentucky Department of Insurance to pay homeowners up to $300,000 for damage resulting from geologic shifts triggered by mining. The …
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Marco man receives four years behind bars in insurance bribery case
A 41-year-old Marco Island man who bribed an insurance adjuster and bilked a Washington insurer out of millions has been sentenced to four years in federal prison and ordered to pay his victims $4.9 million in restitution. Donald Chill, who purchased his Hull Court home in 2007 for $1.785 million, also must forfeit the waterfront home he lives in with his wife and two sons, ages 5 and 6, because …
Read more on Naples Daily News
Insurance adjusters busy assessing claims after storm
Around 700 homes and businesses were damaged or destroyed by Sunday’s tornadoes. And as people slowly dig out from beneath the rubble, insurance adjusters are pushed into high gear to go home-to-home assessing the damage.
Read more on News 14 Carolina
Small business owners have health care questions
PORTLAND, Maine (NEWS CENTER) — According to the White House council of economic advisers, just 49 percent of firms with 4 to 9 employees and 78 percent of employers with 10 to 49 employees offered any type of health insurance in 2008.
Read more on WCSH 6 Portland
Knowledge-Sharing Technology Could Boost Insurance Underwriter Recruiting
The shortage of experienced property/casualty insurance underwriters is growing as senior underwriters retire and the issue is keeping carrier executives up at night, according to an industry …
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Sharp insurance cost increase for some retirees
Houston’s city council discussed an impending surge in the cost of health insurance for City of Houston retirees
Read more on ABC 13 Houston
The home is either livable or NOT livable. . . No matter what disaster ruined the home. . Why is it then that will have to pay extra for every type of circumstance? An accident is an accident. . . . A disaster is a disaster. . . house can be burned, flooded, destroyed by the earthquake and the tornado / hurricaine once. . Why pay for all the different ways insurance-wise? How covered is covered? And why! Why: If you are NEVER any type of claim that you did not back any of the money you spend year after year after year? Again, once you pay the sum insured value of the home. . who cares if the house replaced “money-wise ‘already premium why not spend these grants on a second home instead? just shoot in the dark here of the many complaints I have heard ranted from my elders recently. . their solutions were hysterical. . We’d love to hear more solutions.
HEALTH INSURANCE REFORM AND AFRICAN AMERICANS, WEEK OF MARCH 25-31, 2010
After a year-long debate to bring health insurance reform to the American people, the new law takes effect extending new support and benefits to consumers and ending some of the insurance company’s most abusive practices.
Read more on The Wilmington Journal
High-risk insurance pools face start-up hurdles
A volunteer at a Midvale senior center where she recently taught a 90-year-old to navigate Facebook, Sherri Park is well-versed on the ins and outs of the new federal health overhaul.
Read more on The Salt Lake Tribune
Dad Wins Fight for Son’s Health Coverage
A father fighting for insurance coverage for his newborn has finally gotten the response he wanted.
Read more on FOX 4 News Dallas – Fort Worth
FDIC Sells $491 Million in Home Loans
FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake Federal Deposit Insurance Corporation – Business – United States – Financial Services – Mortgage
Read more on ABC News
Home insurance soars for some N.B. consumers
Some house insurance premiums in the province are rising as much as 100 per cent as homeowners are struggling to afford skyrocketing property taxes, says Consumer Advocate for Insurance Ronald Godin.
Read more on Daily Gleaner
FDIC sells $491 million in home loans
The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over. The FDIC said Thursday that… Federal Deposit Insurance Corporation – Business – Mortgage – Mortgage loan – United States
Read more on San Francisco Chronicle
I have no insurance for over 6 months.
FDIC sells $491 million in home loans
The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over.
Read more on AP via Yahoo! News
Flood insurance lapse is blocking home sales; Congress blamed for glitch
The National Flood Insurance Program expired March 28, leaving closings on sales of properties in flood-prone areas in limbo at least until the U.S. Senate reconvenes April 12.
Read more on The Florida Times-Union
Insurance fraud case draws jail, extradition
A North Carolina man who admitted taking part in an auto theft insurance fraud in Clinton will soon be back in his home state to face criminal charges. Wade Edward Gosnell, 55, was sentenced Wednesday in Lenawee County Circuit Court to a one-year term in the county jail for two motor vehicle theft convictions. He pleaded guilty to the charges on March 3 which involve a November fraud.
Read more on The Daily Telegram
‘Go For it’: Obama Touts Health Care Law for Small Business
President Obama will go to Portland, Maine to tout the benefits of the tax credit offered to small businesses to help them cover their employees’ health insurance. Health insurance – Small business – Portland Maine – Insurance – Tax credit
Read more on ABC News
Pool dwindles for Bucks’ top job
Three men out of 60 applicants are finalists for the job of Bucks County’s chief operating officer. Bucks County commissioners will soon select a new chief operating officer to replace the county’s former top staffer, Dave Sanko, who resigned in September. County Finance Director and Acting Chief Operating Officer Brian Hessenthaler, Northampton Township Manager Robert M. Pellegrino and Guy L …
Read more on The Intelligencer
Maryland House approves ‘health pool’
The Maryland House of Delegates has approved a preliminary measure that would allow the state to participate in a temporary national pool to make health insurance available to the uninsured.
Read more on The Capital
State’s High Risk Pool Braces for Patients — North Carolina Public Radio WUNC
Officials at the state’s health insurance high risk pool are gearing up for what could be an influx of patients.
Read more on WUNC Chapel Hill
Insurance Industry Already Finding Ways to Game New System
by Dan Froomkin The insurance industry’s attempt to weasel out of one of the few provisions of the new health care reform law that took effect immediately is a harbinger of what’s to come. In this case, the companies that were balking at covering sick children quickly relented under media, congressional and White House pressure. read more
Read more on CommonDreams.org
Former South Carolina Insurance Chief Kitzman Runs for Lieutenant Governor
South Carolina’s former state insurance director is running for lieutenant governor. Eleanor Kitzman announced she’s running as a Republican. The 53-year-old Columbia resident notes she’s the only …
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