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Insurance Blog

The economic impact on temporary housing claims

Last year at this time did you expect the major changes on Wall Street or the massive intervention in the markets by the federal government? Everyone knows someone who has been affected, and many are blaming careless risk-taking and poor lending practices in the home mortgage market. When mortgages became delinquent or went into foreclosure, huge exposures and “toxic assets” resulted. The effects of the housing crisis...

Winning the identity-theft war with safeguards built into ALE

The very last thing any displaced family in the Gulf after Hurricane Katrina, or in Kansas after a tornado, or in Florida after a natural catastrophe needs to hear is, “I’m sorry, now your ID has also been compromised.” And while many in the insurance industry, including its service providers, dedicate themselves to making a difference when their customers need it most, another less predictable...