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January 20, 2008

News - Insurer AIG in $1.6bn settlement

Insurance giant American International Group has agreed to pay more than $1.6bn (920m) to settle state and federal charges of rental property insurance abuses.

Under the settlement, AIG also agreed to change the way it carries out its business to ensure proper accounting practices in the future.

The deal settles a civil suit brought against AIG last […]

Filed by admin at January 20th, 2008 under Property insurance
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January 19, 2008

News - Insurance: Your questions

All your insurance queries, answered by broker Terry Reed.

Bill Waterworth has been looking at life insurance for the over 50’s. He notices that they citizen property insurance
in their pay-outs between males and females, even though the payments are the same.
Doesn’t the sex discrimination act count?

Where an insurer can provide information to justify […]

Filed by admin at January 19th, 2008 under Property insurance
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January 18, 2008

News - Climate change insurance warning

Climate change will lead to heftier rental property insurance claims in the long term, insurer Swiss Re has warned.

It said there had been a relatively low number of natural disasters in 2006, causing a total of $48bn (24.8bn) worth of damage.

This was far below the $230bn in 2005 - largely due to Hurricanes Rita, […]

Filed by admin at January 18th, 2008 under Property insurance
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January 17, 2008

Have Your Say: Flood insurance

As the flood waters recede in parts of England it has become clear tens of thousands of homes have been affected.
The insurance industry says claims related to flood damage will total 1.5bn.

We asked if you had made an insurance claim linked to the recent floods and who […]

Filed by admin at January 17th, 2008 under Property insurance
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January 16, 2008

News - Flooding and insurance

A shake-up in the way we are advised when we buy financial products is being planned by the financial regulator.

The Financial Services Authority (FSA) says buy to let property insurance sales can lead to mis-selling.

And it wants to prevent advisers from calling themselves “independent” if they receive peak property casualty insurance from firms.

We spoke […]

Filed by admin at January 16th, 2008 under Property insurance
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January 15, 2008

News - Insurers win Katrina court case

A US federal court has ruled that insurers do not have to pay for the flood damage in New Orleans following Property insurance online Katrina in 2005.

Residential property insurance excludes flood damage, which is covered by a federal programme.

New Orleans residents and Xavier Property insurance association of louisiana argued that the insurers should pay because […]

Filed by admin at January 15th, 2008 under Property insurance
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January 14, 2008

News - Climate change insurance warning

Climate change will lead to heftier insurance claims in the long term, insurer Swiss Re has warned.

It said there had been a agriculture casualty insurance property low number of natural disasters in 2006, causing a total of $48bn (24.8bn) worth of damage.

This was far below the $230bn in 2005 - largely due to Hurricanes […]

Filed by admin at January 14th, 2008 under Property insurance
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January 13, 2008

News - Climate change insurance warning

Climate change will lead to heftier insurance claims in the long term, insurer Swiss Re has warned.

It said there had been a texas property insurance low number of natural disasters in 2006, causing a total of $48bn (24.8bn) worth of damage.

This was far below the $230bn in 2005 - largely due to Discount property […]

Filed by admin at January 13th, 2008 under Property insurance
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News - Climate change insurance warning

Climate change will lead to heftier insurance claims in the long term, insurer Swiss Re has warned.

It said there had been a relatively low number of natural property and casualty insurance terms in 2006, causing a total of $48bn (24.8bn) worth of damage.

This was far below the $230bn in 2005 - largely due to […]

Filed by admin at January 13th, 2008 under Property insurance
No comments on this post yet

January 12, 2008

News - Climate change insurance warning

Climate change will lead to heftier insurance claims in the long term, insurer Swiss Re has warned.

It said there had been a vacant property insurance low number of natural disasters in 2006, causing a total of $48bn (24.8bn) worth of damage.

This was far below the $230bn in 2005 - largely due to Hurricanes Rita, […]

Filed by admin at January 12th, 2008 under Property insurance
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