Once again, insurance companies are raising rates. I say once again, because this seems to be a pretty common theme. This time the excuse is the hurricanes that hit the gulf coast. Insurance companies made $30.8 billion in profit last…
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Workers Comp Insurance
John Garamendi, our state insurance commissioner, has requested that the state workers compenstaion rates be decreased by 15.3%. He previously sought rate decreases of 36.5%, but rates really only fell 26.8%. “They (insurance companies) are making whopping profits,” Garamendi said…
GAP Insurance for your new car
So you go out and buy a new car. What do you do about your insurance? First, most people do not know that you have a set time to report this to your insurance company. Some policies give you 30…
Settlement Formulas and the value of your case
With all due respect to the author of AutoAccidentClaims website, there is no formula for figuring out the value of your case. Let me repeat that – there is no formula for figuring out the value of your auto accident…
Another Reason to Hire An Attorney
I received an email over the weekend from someone who needed help with a legal issue. His problem was pretty straight forward and I probably could have helped him resolve it. But………………you knew there had to be a but. In…
Insurance and Non-Operation of Vehicles
Some people have vehicles that they do not operate. In California, its called planned non operation of vehicle (PNO) by the DMV. But a question arises, do you need insurance on your vehicle if it is a PNO? Technically, a…
More Insurance Fraud
This is getting out of control. I posted a few weeks ago about insurance fraud. I wrote that I did not think it deserved the coverage it received. Voila. A rash of insurance fraud cases hit the press. The latest:…
National Catastrophe Insurance
California Insurance Commissioner John Garamendi is spearheading an effort to require people to buy catastrophe insurance. It seems like the program would be similar to the National Flood Insurance Program (NFIP), although details are still being worked on. The program…
Workers Comp Fraud
No, you wont see any videos on Dateline NBC or 20/20 or any other news show. This is not your typical worker caught on tape fraud. This is workers comp fraud by an employer. A Marin County, Calif. roofer failed…
A Reason to Get An Attorney Before you Settle
People sometimes try to settle their claims themselves without getting an attorney. They figure they will save some of the costs and fees. But, it doesnt always go right. I read an email today from a person who settled his…