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…
Articles Posted in Random Miscellaneous
Consider trip insurance this hurricane season
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…
Atlantic Hurricane Bill downgraded to Category 3 – still missing US
For updated views of Bill’s projected Bath, bookmark this Blog entry.
CNN Money: 5 Tips in the event of hurricane damage
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,…
Builder looks to help homeowner that has Chinese drywall
WBRZ News 2 features the story of how a Livingston Parish homeowner with Chinese drywall may receive some help from a builder. swagit_player_client = “wbrz”; swagit_player_width = 320; swagit_player_height = 240; swagit_player_format = “320x240_refid”; swagit_player_refid = “08182009-3”; Launch Video Player Window
States rolling dice by not seeking reinsurance
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…
Three storms pop up in 24 hours
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…
Storm preparation discounts in Florida may soon disappear
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…
State Farm prices to rise by almost 30 percent in Florida
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…
Reminder: Louisiana sales tax holiday today and tomorrow
Just a reminder to Louisiana residents that Friday and Saturday are sales tax holidays, where “eligible items will be exempt from the state’s 4 percent sales tax, though parish and municipal taxes will still apply.” The Daily Advertiser reports Because the savings are greatest on big-ticket items, furniture and electronics…