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Five months on its residents - at least those who have chosen to remain in the face of many obstacles - continue to bear that brunt.
The explosion that December morning hit the row of terraced townhouses extremely hard - ripping out windows, blowing doors off hinges and even shifting the position of […]
Filed by admin at January 30th, 2008 under Property insurance
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Commercial property insurance from the insurance industry have met ministers to see how best to deal with the cost of claims following the recent floods.
UK insurers are facing a bill of about 1.5bn after June’s floods.
The flooding is estimated to have hit 31,200 homes and 7,000 firms, mainly in the Midlands and northern England.
Ferry operator […]
Filed by admin at January 29th, 2008 under Property insurance
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Until recently, a natural catastrophe costing $60bn (32bn) was inconceivable except in Hollywood disaster films.
Hurricane Katrina, which hit the US on 29 August last year, changed all that.
Some 1,300 people were killed and thousands were - and remain - displaced.
“Katrina acted as a wake-up call,” says […]
Filed by admin at January 28th, 2008 under Property insurance
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A woman who fell through the roof of a neighbour’s house as she fled from her violent traveler property insurance
has received an apology from an insurance company who sent her a 400 repair bill.
Overseas property insurance Evans, 45, had been kept prisoner in her bedroom at knife point by her former lover, Derek Jones, […]
Filed by admin at January 27th, 2008 under Property insurance
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Insurers have been stepping up efforts to educate people in flood risk areas on how to better protect their homes.
The personal property insurance inventory form include replacing perishable materials with plastic, ceramic, cement and concrete, and the installation of pump systems.
Do you live in a flood risk area? Would you make changes to your […]
Filed by admin at January 26th, 2008 under Property insurance
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Nigeria has demanded the return of some $400m, which it says has gone missing from the state-owned Nigeria Airways.
Details of a 18-month-old report into alleged corruption at the firm were made public in a white paper.
Those ordered to return money include two ex-ministers and former officials. One minister allegedly sold two planes without authorisation.
After years […]
Filed by admin at January 25th, 2008 under Property insurance
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Insurance payments to victims of Hurricane Frances look set to reach $4.4bn (2.4bn), making the storm the fourth most michigan basic property insurance association in US history.
August’s Hurricane Charley has already cost $7.4bn and insurers have yet to metropolitan property and casualty insurance company the costs of Hurricane Ivan.
“We’re seeing Ivan as being much like […]
Filed by admin at January 24th, 2008 under Property insurance
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Ricky Okey of mortgage advisers Charcol answers questions about buying a property.
Peter Gent from Essex is retired and wants to buy a property in one of the Greek islands.
Should he get take out a British based mortgage or a euro mortgage on either his own house (which he owns and is worth 120,000) or […]
Filed by admin at January 23rd, 2008 under Property insurance
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A house flooded several times has been made almost “flood resistant” by an insurance company and a council.
Norwich Union and Norfolk County Council have ids property casualty insurance new protection measures against flood damage.
The property in Lowestoft, Suffolk, now has flood gates and one-way valves installed to prevent sewage build-up.
The main kitchen appliances were raised […]
Filed by admin at January 22nd, 2008 under Property insurance
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A lengthy legal dispute over insurance claims for the old World Trade Center has been settled, clearing the way for the site to be rebuilt.
Seven insurers have agreed to pay an extra $2bn (1bn) to the group seeking to redevelop the site, destroyed by the 11 September property insurance for small business
attacks.
The deal was […]
Filed by admin at January 21st, 2008 under Property insurance
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