insurance policies News

You Can’t Just Say “Yes, There’s Coverage”

A couple of recent articles in Insurance Journal highlighted an important issue that exists in light of coverage and how hard it is to answer a question broadly. The problem (broadly) is that no two carriers’ policies are alike. That …

Connecticut Lawmakers Vote to Add $12 Fee to Help Homeowners

Legislation adding a $12 annual surcharge on insurance policies of every Connecticut residential homeowner to help those homeowners with crumbling foundations is moving to the governor’s desk. The state Senate on Wednesday, the final day of the legislative session, voted …

5 Words You Can’t Ignore in the Policy

Everywhere I look in my office, I see books, magazines, papers, and screens full of words. From my college books to an old family Bible to my insurance and business books, I’m surrounded by words. I have a laptop with …

TransAsia Air Crash off Taiwan Leaves 48 Dead, 10 Injured

Forty-eight people are dead and 10 injured after a TransAsia Airways Corp. passenger plane crashed as it prepared to land on Taiwan’s outlying Penghu Islands. Flight GE222, a twin-engine ATR-72 turboprop, was making a second approach to Magong Airport when …

Insurance Not Likely To Cover Damage in Montana Fire

Insurance policies belonging to the man who started the 2012 Corral fire in Montana likely won’t be enough to cover the damage to surrounding properties. Attorneys told the Independent Record that Robert Fitte has about $1.3 million in coverage to …

Ex-Insurance Agent From Iowa Indicted On Mail Fraud Counts

A former Marshalltown, Iowa insurance agent has been indicted on federal mail fraud charges after being accused of defrauding customers for nearly a decade. The Marshalltown Times-Republican reported that 65-year-old William Arthur Thiede was charged with five counts of mail …

California Fraud Fugitive Caught After Taunting Tweet

“Catch me if you can.” San Diego County District Attorney Bonnie Dumanis said Wanda Podgurski sent that taunting tweet after skipping trial in January while facing charges of insurance fraud. But then authorities did catch her. Podgurski, 60, was captured …