Property & Hurricane Claims

The Wall Street Journal reports that companies in the Gulf and outside of it are not seeking insurance for catastrophe this hurricane season. Citing “improved technology and increased regulations” as rationale for avoiding the provisions, these companies still stand at some peril as hurricane season escalates. The article notes Many energy companies are facing the

Just a helpful reminder that buying a weather radio may be a good idea before it is a necessity. Various sites around the internet are selling them, as are businesses in areas around the Gulf Coast, and some decent deals might be something to jump on. One site, for instance, is selling a model for

Virginia’s WSLS recently did a piece on traveling and the use of travelers insurance that is very relevant to anyone across the United States who may be visiting or doing business in regions such as the Gulf Coast. When visiting areas like Florida, Louisiana, Mississippi or Texas, travelers may want to consider the slightly extra

The good news for the United States is, other than a bit of rain and higher waves, Hurricane Bill will likely miss and not make landfall. This article, from Canada’s CBCNews, details the storm’s projected path Hurricane Bill will likely blow into Atlantic Canada’s waters on Sunday as a Category 2 storm, bringing 150 kilometre

An article from 2005 while Hurricane Katrina raged through the States remains relevant today. In today’s five tips, we’re going to tell you what you need to know about your insurance if your home as been damaged or destroyed in the hurricane. 1. Contact your insurer, stat. 2. Document, document, document. 3. Live with it…for

The New York Times recently brought up a casualty of the economic climate facing many states: the cost/benefit analysis being made by states in regards to insurance against dangerous storms. Often extremely costly and unnecessary, this reinsurance looks to bolster defenses against disastrous natural calamities but, with budget cuts at a premium, states are beginning

In something around 24 hours, 3 tropical storms have popped up according to the National Weather Service. While two (Ana and Bill) are still off into the Atlantic, Claudette hit Florida late last night. Now is as good a time as any to prepare for any future storms that may come. You can check out

A quick blog posts for those residents of Florida who have been enjoying state-enabled discounts for storm-preparedness: get them while you can as they might not be around much longer. “What we’re giving them now is not right,” Apopka State Representative Bryan Nelson (R) said. Nelson is both a lawmaker and an insurance agent. He

Reported late last week, State Farm Florida is looking to shore up its finances and reduce discounts for customers… at the expense of those very customers. The Daytona Beach News-Journal reports Trying to shore up its finances, State Farm Florida will eliminate or reduce some insurance discounts it offers to homeowners — leading to an