Insurance

Insurance

McCarthy Makes Key Progress in Fight to Relieve Burden on Homeowners, Get Better Notification...

WASHINGTON, DC - May 13, 2011 - (RealEstateRama) -- Rep. Carolyn McCarthy (D-NY04), who has been working steadily to bring relief to homeowners affected by the Federal Emergency Management Agency’s flood insurance program, just won bipartisan passage in committee of two amendments that, if made into law, would save homeowners significant amounts of money and bring better community notification in advance of future changes

Lautenberg, Menendez Announce Launch of Long-Awaited Program to Keep New Jersey Families in their...

NEWARK, NJ - May 10, 2011 - (RealEstateRama) -- U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) were very pleased today to announce that the New Jersey HomeKeeper program, which is federally-funded and state-administered, is launching on a statewide basis, after a successful two-month pilot period.

Governor Bobby Jindal Announces the Reappointment of Jerry Carlisle to the Louisiana Citizens Property...

BATON ROUGE, LA - April 29, 2011 - (RealEstateRama) -- Today, Governor Bobby Jindal announced the reappointment of Jerry Carlisle to the Louisiana Citizens Property Insurance Corporation Board of Directors.

Illinois Department of Insurance Urges Consumers to Review Flood Insurance Policies

CHICAGO, IL - April 27, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is once again reminding homeowners and renters to prepare in advance for the possibility of floods by reviewing policy coverage and making informed decisions about whether flood insurance is needed. “This spring season has brought heavy rains and flooding, with more of both certain to come,” said Michael T. McRaith, Director of the Illinois Department of Insurance. “Flood insurance coverage is not included in standard homeowner or renter policies and do not take effect for 30 days, so our Department encourages consumers to determine the limits and benefits of an insurance policy well before damage may occur.”

Consumers Need to Know Their “Stuff” to Ensure Homeowners Policy Protects Possessions

LANSING, MI - April 26, 2011 - (RealEstateRama) -- When choosing homeowners insurance, most Michigan consumers may think more about the value of the home than about their prized possessions inside. When you’re deciding out how much coverage you need, it is important to know all the “stuff” in your home that warrants special protection. Certain valuables might be better covered with an insurance rider or additional policy, depending on the circumstances.

New Errors and Omissions Insurance Benefit Provides Protection for Realtors

Washington, DC - April 18, 2011 - (RealEstateRama) -- Realtors® now have access to an errors and omissions insurance program from the National Association of Realtors®’ newest REALTOR Benefits® Partner, Victor O. Schinnerer & Company, Inc.

Steve Slepcevic – Disaster recovery Ideas Provide to decrease the disaster’s affect

Los Angeles, CA - April 18, 2011 - (RealEstateRama) -- Paramount Disaster Recovery Company invented by Mr.Steve Slepcevic is most important national disaster response, revitalization and revival Company in the USA. Paramount Disaster has become a major head in national adversity crisis response and in creation under the brilliant guidance of Mr. Steve Slepcevic.

New Product Line Offered To Mortgage & Insurance Companies

West Haven, CT - April 13, 2011 - (RealEstateRama) -- ConstructionConfidant.Com is proud to to announce that our popular "Homeowner Defender Service" is now available to serve the needs of the mortgage banking and home insurance agencies accross the country. Our unique and innovative approach helps protect homeowners from home improvement scams, control unforseen costs, and walks your clients through the entire construction process.

NLIHC URGES HOUSING ADVOCATES TO TAKE ACTION ON CRUCIAL BUDGET VOTE

April 13, 2011 - (RealEstateRama) -- Late last week, budget negotiators struck a last-minute deal on the FY11 budget to reduce federal spending by $38.5 billion. This budget deal averted a government shutdown.

DELAWARE INSURANCE COMMISSIONER STEWART QUESTIONS FEDERAL HOME LOAN BANK MEMBERSHIP PROPOSALS

Dover, DE - April 13, 2011 - (RealEstateRama) -- Delaware Insurance Commissioner Karen Weldin Stewart, CIR-ML, through a letter sent by her Department to the Federal Housing Finance Agency (FHFA), expressed serious concerns regarding an Advance Notice ...

Cranberry Hill Estates Grand Opening Set for April 17

SHELTON, CT – The Grand Opening celebration for Cranberry Hill Estates, Shelton’s newest family community, has been set for Sunday, April 17 from 1-4 p.m., announced the New Homes Division of William Raveis Real Estate, Mortgage & Insurance.

Advocates Call on Federal Regulators to Withdraw Consent Decree, Hold Banks Accountable for Illegal...

San Francisco, CA - April 7, 2011 - (RealEstateRama) -- The Federal Reserve, Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation have drafted consent decrees with the nation’s largest mortgage servicers that would purportedly improve their foreclosure practices. These legal agreements represent an inadequate attempt by regulators to address illegal servicing practices that have caused countless people to lose their homes.

Commissioner Considine Reminds Consumers that Standard Homeowners Insurance Does Not Cover Flood Damage

TRENTON, NJ - April 5, 2011 - (RealEstateRama) -- New Jersey Department of Banking and Insurance (DOBI) Commissioner Tom Considine today reminded consumers that most homeowners or renter’s insurance policies do not cover flood damage. Homeowners or renters can purchase flood insurance provided by the National Flood Insurance Program (NFIP), a federal program which is the primary provider of flood insurance, through their insurance broker or carrier.

Illinois Department of Insurance Reminds Consumers to Review Flood Insurance Policies

CHICAGO, IL - March 28, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is reminding homeowners and renters to prepare in advance for the possibility of floods by reviewing policy coverage and determining whether flood insurance is needed.

Use Your iPhone® To Help Protect Your Personal Property

Madison, WI - March 24, 2011 - (RealEstateRama) -- Spring is here and stormy weather is right around the corner. It's time to update your home inventory so that you have an accurate list of your possessions if you need to file an insurance claim. So do what you always do this time of year . . . get out your iPhone® or iPad

Now’s The Time to “Spring” Into Creating A Home Inventory

COLUMBUS, OH - March 23, 2011 - (RealEstateRama) -- Spring cleaning is one of many rituals that Ohio homeowners take part in following a long, cold winter. While you’re cleaning up your home this spring, why not take a few extra moments to protect its contents by creating a home inventory.

Now’s The Time to “Spring” Into Creating A Home Inventory

COLUMBUS, OH - March 23, 2011 - (RealEstateRama) -- Spring cleaning is one of many rituals that Ohio homeowners take part in following a long, cold winter. While you’re cleaning up your home this spring, why not take a few extra moments to protect its contents by creating a home inventory.

SCHUMER AND HINCHEY CALL ON FEMA TO DRAW FLOOD MAPS THAT ACCURATELY REFLECT FLOOD...

March 23, 2011 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer and Congressman Maurice Hinchey announced their new efforts to ensure that the Federal Emergency Management Agency (FEMA) does not force Southern Tier homeowners to spend thousands of dollars on unnecessary flood insurance through flawed and inaccurate maps that fail to reflect communities’ efforts and infrastructure to mitigate potential flooding.

Steve Slepcevic, President of Paramount Disaster. Recovery, Inc.

March 22, 2011 - (RealEstateRama) -- Steve Slepcevic is a founder of Paramount Disaster Recovery Inc., presently works as its president and chief executive officer. Mr. Slepcevic has worked as a project builder in the United States and in world wide. He has completed plans for hotels, hospitals, office building, community associations, and apartment building and also for the residential property owners.

Flood Insurance Protects Your Home

FORT MONMOUTH N.J. - March 18, 2011 - (RealEstateRama) -- Despite being the nation's number one natural disaster, statistics continue to show that most people ignore the risks associated flooding and do not purchase flood insurance. Since the year 2000 there have been 11 declared disasters in New Jersey, 7 of which included severe flooding, yet only a relatively small number of New Jersey households have flood insurance through the National Flood Insurance Program (NFIP). These low figures cause concern amongst officials with the Federal Emergency Management Agency (FEMA).

FEMA Administrator Agrees to Heinrich’s Request to End “Without Levees” Policy in Modernizing Flood...

ALBUQUERQUE, NM - March 16, 2011 - (RealEstateRama) -- U.S. Representative Martin Heinrich (NM-1) fought to prevent potential increases in New Mexico homeowner’s insurance payments—and he won. There has been growing concern from local flood cont...

Realtors® Advocate Reform, Long-term Extension of National Flood Insurance Program

Washington, DC - March 11, 2011 - (RealEstateRama) -- Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors® said in testimony today before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity.

Builders Support Five-Year Extension of National Flood Insurance Program

WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today voiced strong support for congressional efforts to extend the National Flood Insurance Program (NFIP) for an additional five years to provide ongoing flood insurance protection for property owners and ensure the nation's real estate markets operate smoothly and without delay.Testifying before the House Financial Services Subcommittee on Housing and Community Opportunity, NAHB First Vice Chairman Barry Rutenberg, a home builder from Gainesville, Fla., said that the home building industry depends upon the NFIP to remain available, affordable and financially sound.

National Consumer Protection Week Announcement # 7:

NEWARK, NJ - March 9, 2011 - (RealEstateRama) -- The Office of the Attorney General and State Division of Consumer Affairs this week filed administrative actions against 11 unlicensed businesses offering “mortgage loan modification” services for homeowners in dire financial straits. State law requires that anyone providing these services in New Jersey be licensed as a Debt Adjuster by the Department of Banking and Insurance, or be otherwise authorized

William Raveis Named Marketing Agent for Cranberry Hill Estates

SHELTON, CT - March 7, 2011 - (RealEstateRama) -- The New Homes Division of William Raveis Real Estate, Mortgage & Insurance has been selected as marketing and sales agent for Cranberry Hill Estates, Shelton’s newest family community

Apartment Industry Announces Improved Renters’ Insurance Data Transfer Standard

WASHINGTON, DC - March 3, 2011 - (RealEstateRama) -- The Multifamily Information and Transactions Standards (MITS) initiative, the apartment industry’s coordinated effort to create data standards so different software programs can “talk to each other,” has released a new "Renters’ Insurance 4.0" standard.

Insurance Companies Use Public Media To Deface Disaster Recovery Agencies

PALOS VERDES, CA - March 1, 2011 - (RealEstateRama) -- In this tough economy everyone is watching their spending, trying to make that buck stretch just a little further, and insurance companies are no different. If you have ever had to make a claim, you may already be aware of the problems associated with getting what is fair. The people effected in some of the recent disasters, Hurricane Katrina and Rita and the California wildfires, know all too well what it is like to not receive a fair claim payment from their insurance companies, you're better off believing a poker player than a insurance claims adjuster. It's never a bad idea to hire a water and fire damage restoration company to complete an independent assessment and cost estimate. Hopefully, you won't need it, but if legal action becomes necessary, it's a handy document to have in your corner. So when people like Steve Slepcevic and his team of experts arrive on the scene to try to make a difference, sometimes the insurance companies fight back with l awsuits and media slander. Steve Slepcevic has focused his construction business on restoring and reconstructing homes and businesses directly and exclusively for the property owners after natural disasters.

Steve Slepcevic – Management Guide and Approach For Business & Industry to Minimize Disaster...

Los Angels, CA - February 18, 2011 - (RealEstateRama) -- Steve Slepcevic, founder of Paramount Disaster Recovery Inc. is serving as its president and chief executive officer. He has made Paramount a recognized union in the field of disaster emergency and in the field of construction. Steve Slepcevic has completed major projects in USA and worldwide. With the works of disaster he also works as a legal expert. Steve Slepcevic is also a founder of Virtual Evacuation and address about its planning and training. To bring civil engineer in the filed of disaster recovery with interest he made it a work of social services with a lot of money, because in civil engineering its think as a boring thing to save life through safe facility. But after the concept of Virtual Evacuation, leading expert of all the industries attracted by it and providing their services to disaster preparedness.

State Reminds Consumers to Check Flood Insurance as Snow Melts and Before Spring Rains

CHICAGO, IL - February 17, 2011 - (RealEstateRama) -- The Illinois Department of Insurance is reminding homeowners and renters to prepare for the possibility of a spring flood by checking existing homeowner and renter policy coverage and determining whether to add flood insurance.

FHA TAKES STEPS TO BOLSTER CAPITAL RESERVES

WASHINGTON, DC - February 15, 2011 - (RealEstateRama) -- As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA Commissioner David H. Stevens today announced a new premium structure for FHA-insured mortgage loans increasing its annual mortgage insurance premium (MIP) by a quarter of a percentage point (.25) on all 30- and 15-year loans. The upfront MIP will remain unchanged at 1.0 percent. This premium change was detailed in President Obama’s fiscal year 2012 budget, also released today, and will impact new loans insured by FHA on or after April 18, 2011.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families