A class-action case was recently settled. The premise of the case was that insurance companies used CCC, a total loss evaluation program, and that CCC undervalued cars. This is not news to those of us who have been doing this…
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Sen. Lott alleges State Farm destroying reports
Sen. Trent Lott’s attorney is claiming that State Farm has destroyed or moved reports that showed that homeowners whose homes were damaged by Hurricane Katrina actually had covered losses. I wrote about this before at which time I commented that…
A Lesson About Insurance Companies
Insurance companies get people to complain about their premiums. Admit it, most of you have probably complained at one point or another about your premium. I know I have. Now, regular readers of my blog know that insurance companies had…
Hartford Ins. Accused of Charging Illegal Fees
Hartford Insurance has been accused by the Department of Insurance of charging an illegal fee. The fee was charged by a general agent of Hartford’s and Hartford denies any wrongdoing on its part. Hartford is also, according to the company,…
New DC Law Protects Claimants
First, what is a claimant? A claimant is someone making a claim against another person’s insurance company. So, if Bill Smith injures Mike Jones, than Mike is the claimant. Second, what does this new law do? Well, here is the…
TWO FREE REPOTS AVAILABLE
I now have two free reports. The first report is “10 Things to Consider in Hiring an Attorney.” This report discusses what to look for in hiring an attorney, questions to ask, and making sure you hire the right attorney…
Don’t Let Your Attorney Do This
An attorney in Louisiana sued his client for his fee after his client rejected a settlement offer and the case resolved for no money. The Louisiana Supreme Court rejected his argument and he was awarded nothing. The Court said: “With…
Insurers Set Record Profits
This may come as a surprise to some. After all, we had hurricanes (two), other disasters, storms like crazy, and your average, everyday claims. But, despite all this, the insurance companies had record profits for last year. How can that…
FAQ: Insurance for your kid
The SF Chronicle has a great story about getting insurance for your child. Remember my prior post where I suggested you get your 18 year old his/her own car and titled in his/her own name with his/her own policy. Well,…
Low Cost Auto Insurance To Expand
The Department of Insurance is expanding the low cost auto insurance program that I have discussed to 16 counties by the end of the year. This is excellent news. The policies can be had for $400 if you are a…