home insurance

Insurance adjusters busy assessing claims after storm

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

Why is home insurance limited to each and every different type of disaster?

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.

FDIC sells $491 million in home loans

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

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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

Insurance fraud case draws jail, extradition

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

Home Insurance 9-1-1

Home Insurance 9-1-1

Lancaster County Couple Accuses Erie Insurance of Not Backing Them Up After They Lose Home

U.S. Senate lets flood insurance program lapse, stalling local home sales
Because the U.S. Senate let the federally backed National Flood Insurance Program expire Sunday, would-be home buyers across South Carolina and the nation will have their closings delayed or threatened.

Read more on The Beaufort Gazette

Small biz gets tax credit to pay for insurance
Mark Hodesh, owner of Downtown Home & Garden in Ann Arbor, knew something was going to happen this year to help him pay for the health insurance of his 12 employees.

Read more on Crain’s Detroit Business

Lancaster County Couple Accuses Erie Insurance of Not Backing Them Up After They Lose Home
Bob and Elaine Hibshman of Ephrata can look at their property on 416 Lake Street and remember what their home looked like before it was demolished. It’s on a quiet street with views of Lancaster County reaching as far as the Susquehanna.

Read more on FOX 43 Harrisburg

Ambase debt could delay Home sale. : An article from: National Underwriter Property & Casualty-Risk & Benefits Management

The digital document is an article from National Property & Casualty contractor-Risk & Benefits Management, published by the National Contractor company on 14 January 1991. The length of the article is 513 words. Page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available on Amazon you. com Digital Locker immediately after purchase. You can view it with any browser. Details
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