The Consumer Federation of America is attacking home insurers for holding too much capital and avoiding business in risk-prone regions, charging that property-casualty companies have “hollowed out” catastrophe coverage.

In response, the head of the major industry trade group charged that CFA is dead wrong and is ignorant of all that happened in 2011 when it comes to storm coverage.

The back-and-forth is part of a long-running debate about what insurers should be required to cover, at what price and under what conditions.

The Consumer federation issued a report this week saying insurers in the property-casualty industry decreased their financial responsibility for hurricanes and other catastrophes, in part by by implementing deductibles as high as 5 percent of a home’s value, and by increasing premiums.

The CFA report also criticizes insurers for being over capitalized. Read more…

Anyone could tell you that you need to always have the appropriate insurance for the land you own. If the land and home that you own are different from others in some of its possible features, a different kind of insurance would be required. This sort of insurance coverage is named high value home insurance and the principles on this type of insurance plan are actually reviewed as follows.

Replacement value

When your house has a substitution worth of more than 1 million British pounds, it might be best to have high value home insurance coverage. This could be because the worth of renewing is more than the actual worth of the house because of the various costs that come with trying to put the house back together to the way it was in the past.

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- A potential inside-the-Beltway equivalent of a best-seller at least for some people is likely to roll off the presses in the next few weeks.

Unlike, say, the latest from John Grisham, this volume won’t cost its readers a cent other than their share of whatever tax money goes into its production.

The long-anticipated publication, at least long anticipated among some in the insurance industry, is the Federal Insurance Office’s report on modernizing and improving insurance regulation. Read more…

Can you travel when pregnant? Are there any risks to you and your baby if you travel? Take a look at the general information below for safe travel when pregnant. Travel insurance provision may be affected by pregnancy. If you have an annual insurance policy and you fall pregnant, check with your provider to see if you are still covered.

Depending on your destination, your health and how far you are into your pregnancy, a doctor may or may not advise you against overseas travel. You should schedule a check-up with your physician who will give you the options.

Some vaccinations can be harmful to an unborn baby.

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