Two stories recently came out that made me think about your need for insurance. First, KCRA in Sacramento ran a story about flood insurance. (See my post from the weekend about it as well.) The gist: you need to consider…
Posts Categorized In: Current Affairs
Know your flood risk
I came across this website from NFIP and wanted to share it. This is a risk asssessment site that will tell you your risk of flooding. I typed in my address and found out that I was at low to…
British Motorist Fined
A woman in Britain was cited 200 pounds for driving with no hands so she could put on makeup. The camera that caught her was set up to catch speeders. (Thanks to Doug Brauner, the Car Czar, for talking about…
New Jersey Trial Lawyers Assocation wants to Limit Solicitation
The New Jersey Trial Lawyers want to limit the solicitation of accident victims. Here is a blurb, courtesy of Consumer Attorneys of California: The Association of Trial Lawyers of America-New Jersey is asking the state Supreme Court to ban attorneys…
Many Homeowners Aren’t Buying Flood Insurance
According to a new RAND Corporation survey, a lot of Americans living in flood plains are not carrying flood insurance. 61 percent of Southerners are carrying it, but fewer people in the rest of the country. I find this fascinating….
Marsh Sued in Florida
In what should come as a surprise to no one, the Florida Attorney General has sued Marsh and McLennan for bid rigging. You may recall that NY Attorney General Spitzer previously sued Marsh and settled for $850 million. California recently…
Sacramento Bee: New Insurance Regulations Fair
It is not often that I agree with the Sacramento Bee. Heck, I have been known to take some shots at them and Dan Walter, one of their columnists. But, I do read the newspaper on a daily basis and…
Class Action Attorneys May Have to Return Fee
Here is a distburing story out of Kentucky. One of the class action lawsuits coming out of the fen-phen cases. Apparently, Kentucky lawyers who settled these cases took a fee over 50% of the total settlement amount. They also put…
Another Attempt to Limit Damages
The Civil Justice Association of California is at it again. This time they are circulating a petition that would limit your right to recover punitive damages. Here is an excerpt: The Civil Justice Assn. of CA is collecting signatures for…
A Good Response to Tort Reform
From Adam Lichtenheld in Wisconsin, comes this bit of wisdom: The answer to lowering premium rates lies in insurance reform — not tort reform. In California, for thirteen years after caps were enacted in 1975, malpractice premiums skyrocketed by 450…