Did you know that 20 percent of all flood claims are filed in low to moderate flood risk areas? According to FEMA, floods—including inland flooding, flash floods and flooding from seasonal storms—occur in every region of the United States. Learn how to prepare for the possibility of a flood, what your flood insurance options are, and how to obtain adequate coverage.
Headline inflation rose by 2.8 percent in May 2018 vs. May 2017, which is the largest 12-month increase since the period that ended on February 2012. Core CPI rose 2.2 percent for the 12 months ending May 2018—the highest 12-month increase since the period ending February 2017.
EQUITY INDEXED ANNUITY- Nontraditional fixed annuity. The specified rate of interest guarantees a fixed minimum rate of interest like traditional fixed annuities. At the same time, additional interest may be credited to policy values based upon positive changes, if any, in an established index such as the S&P 500. The amount of additional interest depends upon the particular design of the policy. They are sold by licensed insurance agents and regulated by state insurance departments.
UMBRELLA POLICY- Coverage for losses above the limit of an underlying policy or policies such as homeowners and auto insurance. While it applies to losses over the dollar amount in the underlying policies, terms of coverage are sometimes broader than those of underlying policies.See Full Glossary
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; firstname.lastname@example.org Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com NEW YORK – (June 05, 2018) – While consumers understand insurance as protection against financial loss, the… Read More
For immediate release New York Press Office: (212) 346-5500; email@example.com NEW YORK, May 15, 2018 — The official start of hurricane season has always been June 1. Yet, tropical weather pays little heed to the calendar. Read More