Forget City Hall, the insurance industry is what could really help the sharing economy (via Pando Daily) By James R. Fisher On May 7, 2013Understanding risk has been my life’s work. Over the past 36 years, I have spent time in all varieties of insurance: reinsurance, personal and commercial lines, accident, health, and more. I’ve [...]
Annuity and home refinance scam cause homeowners’ foreclosure
As home values rebound the potential for scams may also increase. The California Department of Insurance (CDI) announced today that Harold John Shields of Hawthorne, CA, 57, was extradited from Houston, Texas on March 7, 2013 and booked in the Century Sheriff Station in Lynwood, CA. The suspect has been arraigned and charged with two [...]
Insurance and your New Home
No one would drive a car without insurance, so it figures that no homeowner should be without insurance. The essential idea behind various forms of real estate insurance is to protect owners in the event of catastrophe. If something goes wrong, insurance can be the bargain of a lifetime. What kind and how much? There [...]
AB 1511 – Real Property Disclosures: Transmission Pipelines
There is a new bill currently making its way through the California State Assembly – AB 1511. AB 1511 would make it mandatory to disclose if any residential property is located within 2,000 feet of a gas transmission or hazardous liquid pipeline as depicted in maps by the National Pipeline Mapping System (NPMS) and Geographic [...]
Resist the temptation to lower your homeowner’s insurance
Picked this tip up from Clark Howard. Reducing your homeowners insurance because the value of your home has declined seems like a no-brainer, right? But there’s a very compelling reason why this is one way you don’t want to save money. The idea of cutting your homeowners insurance is a refrain I’ve heard again and [...]
Scott
