Posts Tagged ‘Earthquake’
Half of all BC homeowners don't have earthquake insurance, reveals Vancouver …
March 9th, 2012
Half of all BC homeowners don't have earthquake insurance, reveals Vancouver …
VANCOUVER, March 9, 2012 /CNW/ – Should an earthquake occur, many British Columbia homeowners wouldn't be adequately insured for loss, reveals Square One Insurance. In spite of the fact that earthquake insurance is widely available in BC, …
Read more on Canada NewsWire (press release)
Homeowners should have a choice
The Florida Senate passed a bill Tuesday that would have allowed so-called surplus lines insurers to take homeowners' policies out of Citizens Property Insurance Corp. – but with a major change from the original. In the new version, policyholders would …
Read more on News Chief
2011 storms trigger home insurance rate hikes
By Todd Wallack Consumers, already contending with the rising cost of gasoline, food, and other necessities, could now also face sharply higher home insurance premiums. After several years of modest increases, insurance companies are raising rates to …
Read more on Boston.com
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Earthquake Insurance in Turkey: History of the Turkish Catastrophe Insurance Poo
March 8th, 2012
 | US $7.50 (0 Bid) End Date: Saturday May-26-2012 12:08:32 PDT Bid now | Add to watch list |
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Bay Area Home Insurance Company, EQ Insurance Service Offers Tips About Earthquake Insurance Options
March 7th, 2012
Walnut Creek, CA (PRWEB) February 24, 2012
The Bay Areas home insurance company, EQ Insurance Service of Walnut Creek provides the top three reasons why homeowners should explore options for earthquake insurance in lieu of accepting the limited scope of protection provided by the California Earthquake Authoritys policy.
“This policy is not covered by the California Insurance Guaranty Association (CIGA). Therefore, the CIGA will not pay your claims or protect your assets if the CEA becomes insolvent and is unable to make payments as promised. In addition, your CEA policy may be subject to future surcharges of the policy premium in certain cases where an earthquake or a series of earthquakes has exceeded available resources to pay claims,” according to the CEA Disclosure.
Each time a person purchases a home, state laws requires new homeowners to purchase a home insurance policy; however, earthquake insurance is optional. EQ Insurance would like to take this moment to explain the top three reasons why homeowners should explore all earthquake insurance options:
1)
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Bay Area Home Insurance Company, EQ Insurance Service Offers Tips About Earthquake Insurance Options
March 7th, 2012
Walnut Creek, CA (PRWEB) February 24, 2012
The Bay Areas home insurance company, EQ Insurance Service of Walnut Creek provides the top three reasons why homeowners should explore options for earthquake insurance in lieu of accepting the limited scope of protection provided by the California Earthquake Authoritys policy.
“This policy is not covered by the California Insurance Guaranty Association (CIGA). Therefore, the CIGA will not pay your claims or protect your assets if the CEA becomes insolvent and is unable to make payments as promised. In addition, your CEA policy may be subject to future surcharges of the policy premium in certain cases where an earthquake or a series of earthquakes has exceeded available resources to pay claims,” according to the CEA Disclosure.
Each time a person purchases a home, state laws requires new homeowners to purchase a home insurance policy; however, earthquake insurance is optional. EQ Insurance would like to take this moment to explain the top three reasons why homeowners should explore all earthquake insurance options:
1)
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CATEX News February 21, 2012: Madrid earthquake rattles Midwest
February 27th, 2012
Alternative world and financial news for the risk industry; encompasses coverage of real time events likely to lead to eventual insurance and reinsurance claims. Interviews with newsmakers. 1. New Madrid earthquake rattles Midwest 2. Japan’s “Big Three” insurers see ratings downgrade 3. Greece survives again 4. Steel plant explosion in China kills 17 5. Caymans openly taking on Bermuda 6. Syrian carnage continues 7. Lippe takes Board seat at Axa 8. Frankfurt airport strike to last all week
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Kansas County Looking into Earthquake Insurance
January 16th, 2012
Kansas County Looking into Earthquake Insurance
Shawnee County, Kan., commissioners have authorized the county's insurance broker to look into the cost of earthquake insurance. The topic came up at a recent commission briefing on new quotes for property, automobile and excess workers' compensation …
Read more on Insurance Journal
Cost of landslide repairs falls on shoulders of Ross couple
"We have available earthquake insurance, but not for a landslide." Michael Barry, spokesman for the Insurance Information Institute, a New York-based nonprofit that educates people on insurance issues, said the government makes money available if a …
Read more on Pittsburgh Tribune-Review
Quake exodus drives Nelson house demand
He thinks those forced out of their houses following last month's flooding will be wanting to go back to their own houses and will wait to hear back from the Earthquake Commission about insurance and the condition of their home instead of looking for a …
Read more on The Press
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1932 EARTHQUAKE DAMAGE AND EARTHQUAKE INSURANCE 1ST ED HC BOOK 904 PGS PHOTOS
January 3rd, 2012
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CATEX News December 14, 2011: NTSB to ban cell phones while driving, 7.5 earthquake in New Guinea
December 29th, 2011
Alternative world and financial news for the risk industry; encompasses coverage of real time events likely to lead to eventual insurance and reinsurance claims. Interviews with newsmakers. 1. NTSB wants to ban cell phones while driving 2. 2.5 million more US youth insured thru Obama law 3. Siemens again charged with bribery 4. Italy’s Generali sees double downgrade 5. British unemployment spikes 6. 7.5 earthquake in New Guinea 7. Thai flood estimates slowed by crocodiles
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Earthquake Insurance (Common Misconceptions)
December 23rd, 2011
The two most common misconceptions about earthquake insurance.
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Slow insurance action heads raft of earthquake issues
December 22nd, 2011
Slow insurance action heads raft of earthquake issues
Insurance issues are topping the list of concerns from manufacturers after the Canterbury earthquakes say the New Zealand Manufacturers and Exporters Association (NZMEA). The City Plan, electricity line charges and the impact of the earthquake on the …
Read more on Voxy
Insurance bottleneck foils rebuild
I was going to get [Canterbury Earthquake Recovery Authority head] Roger Sutton to meet me on the site and hammer in the first surveyor's stake but here's my dilemma, I don't have insurance.'' “I'm the first with a building consent, …
Read more on Star Canterbury
Disasters caused 0B in economic losses in 2011
In a statement, Swiss Re chief economist Kurt Karl said a lack of insurance has left many people relying on their government or other organizations to help them move on with their lives. "Unfortunately earthquake insurance coverage is still quite low, …
Read more on CTV.ca