Insurance companies face strain from series of large U.K. storms

Julie Campbell
UK Flood homeowners Insurance companies Flood Re Plan

The costs associated with Storms Desmond, Eva and Frank has insurers starting to feel some pressure. Britain has faced one damaging storm after the next, as Storms Desmond, Eva and Frank brought flooding and winds that left catastrophes behind and that now have insurance companies feeling the pinch from the associated costs. In fact, many of the insurers that are now counting up the total cost are some of the largest in the country. Victims of the flooding have now started to submit their claims to their insurance companies and…

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Texas health insurance exchange continues to build enrollees

H. Cutner
Texas health Insurance companies

In the second last week of December, the number of people who signed up in the state rose by 56,000. Texans have recently started to flock to the Texas health insurance exchange and have been signing up for plans that will allow them to comply with the Affordable Care Act’s individual mandate, raising the numbers by a massive 56,000 people within the second last week of December alone. The total number of people who have enrolled in the state has reached just short of 1.1 million. These figures were released…

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Mississippi agency offers advice concerning homeowners insurance following recent storms

Logan B.
flood homeowners insurance rates

Storms have damaged properties in some parts of the state Recent storms in Mississippi have caused problems for many homeowners, who have seen their properties damaged by the storms. The Mississippi Department of Insurance is urging those affected by these storms to file homeowners insurance claims as soon as possible. The organization is also offering advice concerning the claims filing process, and agency representatives are on hand to assist in filing claims to ensure that consumers are taken care of by their homeowners insurance providers. Consumers are being encouraged to…

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Suspicious insurance policy purchases may offer evidence in murder case

Julie Campbell
life insurance scam criminal crime

A police chief accused of murdering his pregnant fiancée purchased massive amounts of coverage beforehand. In South Dakota, a former police chief has now been accused of the murder of his pregnant fiancée in what had previously appeared to be a hunting accident but that has since turned suspicious when it was discovered that more than one life insurance policy was purchased only a few months ahead of the death. Over $750,000 in life insurance coverage was taken out by the couple months before she died. The man in question,…

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National Flood Insurance Program provides homeowners with helpful tips

G. Turner
national Flood Insurance program tips

In response to the flooding in Illinois and Missouri, the NFIP has offered advice with regards to what can be done. The National Flood Insurance Program has recently responded to the damaging flooding in Illinois and Missouri and, as a part of this effort, it has issued a list of tips to people who have been affected by the rising waters in order to provide them with recommendations with regards to what they should be doing both during and after the floods. Officials from NFIP want to improve education about…

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