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Category: News

Owner Break-In’s

10 December, 2010 (14:45) | News | By: Avatar

Zurich Insurance, one of Britain’s largest home insurance providers has noted the huge increase of owner break-ins that is raising alarms. They say that if a homeowner can break into their own property, others surely can. May it be forgotten keys or a stove left cooking with the house keys besides them, the incidents of [...]

Hot Weather – Burglary Season

10 November, 2010 (14:43) | News | By: Avatar

During summer, when the temperature rises to extremes, more and more people prefer to go out and enjoy summers somewhere else. Much to the delight of burglars and other crooks, who are after easy targets that require little effort for easy money. Security is one of the enemies of the homeowner and lack of which [...]

Live in Disaster Prone Areas – No Home Insurance

10 October, 2010 (03:06) | News | By: Avatar

Homeowners of areas which experience frequent natural disasters like those affected by hurricane Katrina, have insurance firms packing up their bags. Allstate started it all when they began to send out notices to current home insurance policy holders that they will not be offering renewals of their policies with new policies put on hold as [...]

Economic Rut – Financial Market Reforms a Must (Part 2)

10 September, 2010 (03:22) | Basic Insurance, News | By: Avatar

Political analysts say that a change in the presidency might be just what the economy needs to get a fresh start. A complete re-think of their international policy making strategies and stiffer monitoring of financial institutions back home are just come of the measures candidates and citizens alike are saying that must be focused on. [...]

Economic Rut – Financial Market Reforms a Must

10 August, 2010 (03:21) | Basic Insurance, News | By: Avatar

President Bush has openly admitted that the country needs extensive overhaul of it’s financial market regulation system. The current crisis stems back from the Enron and other multi-national firms being linked to illegal insider trading which shook the financial markets. Then followed the sub-prime lending money woes which had lenders shelling out billions just to [...]

Arson – On the rise

10 January, 2010 (00:19) | News | By: Avatar

Insurance firms are bracing for more cases of arson as homeowners are now ending up with owing more money that their houses are worth. Desperation is beginning to set in and the weak dollar does no good to the already bad economy. Law enforcement and insurance firms are working hard to prevent and contain these [...]

Major Home Insurance Companies Not Renewing Policies

10 December, 2009 (00:13) | News | By: Avatar

Alarming news from the Home Insurance sector is news that in areas such as Florida, insurance companies will not be renewing policies once they expire this year. The state of Florida has suffered a lot of damage from hurricanes in the past years and insurance firms are saying that the costs they paid out during [...]

More Insurance Firms Leaving High Risk Areas (Part 2)

10 November, 2009 (00:18) | News | By: Avatar

State Farm, is dropping almost 50,000 clients in Florida and has indeed stopped renewing and issuing new home insurance policies for the state. Clients cry foul for most of them have been clients for decades some even without filing a single claim. And others are turning to the courts for resolution. These types of actions [...]

More Insurance Firms Leaving High Risk Areas (Part 1)

10 October, 2009 (00:16) | News | By: Avatar

Insurance policy holders in areas that are deemed to risky by insurance companies be prepared, to receive notice that your insurance firm is dropping you from their client list and that they are not going to renew your Home’s insurance policy once it expires this year. Metlife has sent mailers informing customers that they are [...]

Credit Debt

10 June, 2009 (05:35) | News | By: editor

According to Viale of Cambridge Credit Corp., seventy percent of Americans who avail of a home equity loan or any other type of loan for that matter to pay off credit cards consolidations end up with the same if not a much higher debt within two years or less. Viale’s statistics underline a major trouble [...]