Commercial insurance rates fall further

by BusinessInsurance.com Jul 13,2010 Insurance rates for global property risks are declining up to 20% despite earthquakes and storms that caused billions of dollars of insured losses in the first half of this year, a brokerage executive said Friday. “Rates are, generally speaking, still reducing,” Nicholas Bacon, London-based CEO of Bowring Marsh, a specialist international Read more about Commercial insurance rates fall further[…]

Homeowner Insurance May Leave Art, Wine Collectors Empty-Handed

June 16 (Bloomberg) — When Ross Brudenell began decorating a second home in Abington, Connecticut, with pieces from his $2 million collection of colonial American furnishings, he realized something else needed changing: his insurance. “Collectibles are part of your total assets,” said Brudenell, 68, a semi-retired orthopedic surgeon, who traded a homeowner’s insurance policy from Read more about Homeowner Insurance May Leave Art, Wine Collectors Empty-Handed[…]

Happy 4th of July

Wishing you Happy 4th of July from Mashpee, MA (Cape Cod). Noah J. BankLicensed Insurance BrokerThe B&G Group, Inc.(516) 396-8342 Tel(516) 396-4898 Faxnbank@thebggroup.comwww.noahbank.net Sent via BlackBerry by AT&T

Flood Insurance Program Back in Business Until Sept. 30

July 1, 2010 : Source: http://www.insurancejournal.com/news/national/2010/07/01/111226.htm The U.S. Senate last night approved a temporary reauthorization of the federal flood insurance program until Sept. 30. The reauthorization of the National Flood Insurance Program (NFIP) is retroactive to June 1, the date the program was halted. The unanimous Senate vote sent the measure to President Barack Obama Read more about Flood Insurance Program Back in Business Until Sept. 30[…]