Insurance

BATON ROUGE, LA - February 12, 2010 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of John Marlow to the Louisiana Citizens Property Insurance Corporation Board of Directors.

LANSING, MI - February 4, 2010 - (RealEstateRama) -- The Office of Financial and Insurance Regulation (OFIR) shut down an operation claiming to be a Detroit-based mortgage company called “Kenneth and Doyle Financial” by ordering it to cease and desist from doing business. OFIR believes that Kenneth, through its website, was posing as a legitimate mortgage company in an attempt to steal consumers’ money and identity. The fraudulent company was encouraging customers to apply for loans by providing personal information including social security and financial account numbers.

NEW YORK, NY - January 28, 2010 - (RealEstateRama) -- The board of the State of New York Mortgage Agency (SONYMA) today approved a commitment to insure a $37.5 million mortgage on a 144-unit apartment building in Brooklyn that was originally built to be sold as condominium units.

TAMPA, FL - December 7, 2009 - (RealEstateRama) -- The Institute for Business & Home Safety (IBHS) today announced a change of leadership as the organization looks toward 2010. Kevin Kelso, chief marketing officer and executive vice president of the Farmers Group, will become IBHS chairman at the end of this year. In addition, Carl Hedde, vice president of Munich Re America, will become IBHS vice chairman. Both appointments were lauded during the Dec. 4 IBHS board of directors meeting.

Washington, D.C. - December 2, 2009 - (RealEstateRama) -- In these tough times, Idahoans deserve the chance to buy a home or attend college without having to worry about unfair marks from credit agencies.

Sends Letter to Federal Agency Urging Quick Action on Establishing Repair Guidelines for Homes. WASHINGTON, D.C. - November 30, 2009 - (RealEstateRama) -- U.S. Congressman Charlie Melancon (LA-03) commented today on a new report from a federal agency finding a strong association between defective Chinese drywall and corrosion of pipes and electrical wiring in homes. The report from the U.S. Consumer Product Safety Commission also found a possible link between the drywall and health problems reported by homeowners

Contest offers sustainably-minded real estate professionals a chance to gain recognition and win a free membership with the Arizona Green Chamber of Commerce. Tempe, AZ - November 23, 2009 - (RealEstateRama) -- Fidelity National Title, one of Arizona's largest title insurance and escrow service companies, has announced the launch of its "Win the Paperless Fight Title Championship" contest, which is accepting nominations at www.WinThePaperlessFight.com through December 31st, 2009. Open exclusively to real estate professionals, both residential and commercial, the contest invites nominations for those who are demonstrating a commitment to sustainable business practices and making a big impact specifically through the reduction of paper waste. Self-nominations are encouraged.

Jackson, MS - November 9, 2009 - (RealEstateRama) -- The Mississippi Insurance Department (MID) reminds everyone that preparation in advance of a storm can help save lives and property and can prevent unpleasant insurance surprises should Hurricane Ida take aim at the state.

Washington, D.C. - November 9, 2009 - (RealEstateRama) -- On Thursday, Congressman André Carson joined his House colleagues in voting to extend unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses

WASHINGTON, DC - November 4, 2009 - (RealEstateRama) -- This evening, the U.S. Senate passed legislation to extend unemployment insurance for laid off workers. Senator Robert Menendez (D-NJ) was a co-sponsor of the legislation and voted in favor of its passage.

WASHINGTON, D.C. - November 5, 2009 - (RealEstateRama) -- The U.S. House of Representatives today gave final approval to a bill backed by Rep. John Spratt (D-SC) that would extend unemployment benefits, the homebuyers' tax credit, and the tax relief for military families and businesses.

Washington D.C. - November 6, 2009 - (RealEstateRama) -- The House of Representatives today passed legislation which extends unemployment insurance up to 20 weeks for jobless workers who have exhausted their previous extensions. Additionally, the legislation extends and expands the availability of the homebuyer tax credit and provides tax relief for businesses hard hit by the recession. The Emergency Unemployment Compensation Extension Act passed by a vote of 403 to 12. The President is expected to sign the measure into law.

November 6, 2009 - (RealEstateRama) -- Working to help those hardest hit by the struggling economy, and provide greater opportunities to realize the American dream, Rep. Debbie Halvorson (IL-11) today voted to pass the bipartisan Emergency Unemployment Compensation Extension Act."All across our district our friends and neighbors are in danger of losing their unemployment benefits, and our economy is struggling to recover, this bill is a big step in turning that around," said Halvorson. "By extending these benefits we are helping our communities today so they can be stronger and more prosperous tomorrow.

Jackson, MS - October 16, 2009 - (RealEstateRama) -- With temperatures in Mississippi forecasted to fall into the 30’s and 40’s this week, Commissioner of Insurance and State Fire Marshal Mike Chaney urges the public to be mindful of the fire risks associated with home heating.

It's time for OFIR and Hollowell to uphold the law - Not Ignore it. Eliminating credit based insurance discounts would increase insurance costs for more than 70% of Michigan policyholders. Lansing, MI - October 9, 2009 - (RealEstateRama) -- The Commissioner of the Office of Financial and Insurance Regulation (OFIR) Ken Ross, and Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell both went before the Michigan Supreme Court today asking the Court to ban the use of credit-based insurance scores. Ross was in the courtroom while Hollowell was holding court outside the Hall of Justice at a press conference to influence the Judge's decisions.

October 7, 2009 - (RealEstateRama) -- Michigan's Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell today urged the Michigan Supreme Court to affirm the state's right to prohibit auto insurance companies from using occupation, education, and credit scores in setting auto insurance rates.