Hurricane season draws more attention to homeowners insurance

Homeowners flood Insurance

Homeowners insurance becomes top priority as hurricane season approaches Hurricane season in the U.S. is fast approaching, which means that many states along the Atlantic Ocean and the Gulf Coast are beginning to take steps to raise awareness of prominent homeowners insurance issues. In the past, powerful hurricanes have caused significant damage in several states. The most recent example of how much damage can be caused by one of these natural disasters can be seen in 2012’s Hurricane Sandy. The homeowners insurance sector continues to reel from the disaster even…

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Virginia to provide licenses to public insurance adjusters

Public Insurance Adjusters Colorado

Public insurance adjusters to begin receiving licensing next year Virginia insurance regulators are looking to license public adjusters to help manage the flow of claims that the state’s insurance companies receive as a result of natural disasters. The State Corporation Commission’s Bureau of Insurance is expected to begin issuing licenses for public insurance adjusters beginning early next year. Recent natural disasters have proven to generate a high number of claims. A limited number of insurance adjusters means that some of these claims could sit unresolved for extensive periods of time.…

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Obama’s healthcare reforms cause tricky debate among federal judges

A federal appellate judge panel with conservative inclinations has expressed apprehension regarding the Obama administration’s healthcare laws, but has also indicated that it may be premature to challenge the overhaul. The case before the U.S. Court of Appeals in Washington involves a lawsuit that is arguing whether or not Obama’s massive healthcare reforms have caused Congress to step outside its authority in giving people the choice starting in 2014 to either purchase health insurance or pay a tax penalty. Former top George W. Bush aide, Judge Brett Kavanaugh, who received…

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