Just for the Health of It!

I'm popping back in to direct your attention to another New York Times article we thought you might find of interest.

Throughout the Affordable Health Care debate, Massachusetts has been held up as a an example of how well universal health care can work. The New York Times has just published an article focusing on the 2% in Massachusetts who are being penalized for not having insurance.

You can take a look here: http://www.nytimes.com/2012/03/28/us/massachusetts-health-insurance-mandate-stirs-dissent.html?nl=todaysheadlines&emc=edit_th_20120328

This and That

Yes, it's been a long time since the last post. I'm trying to do better. Stay tuned to see how that works :).

Saturday there was a fun article in the New York Times featuring Fireman's Fund insuring movies. It reminded me of my promise to update you about insurance articles.

It also reminded me to let you know we've started sending out emails called "Collection Selections" highlighting articles we think might be of interest to our membership as well as new publications which have been added to our collection. If you're interested in getting added to that list, please feel free to email me: shart@insurancelibrary.org

I also wanted to mention that this week is a big week at the library. Remember last year when we mentioned Don Malecki and Greg Deimling coming to Boston to do a couple of seminars? Well they're back!

You can still register for either of the classes their teaching on Thursday March 29th, or the breakfast discussion on Friday March 30th:

BRIDGING THE GAPS: Three Common Coverage Gaps In Standard ISO Property, Crime & Liability Coverage Forms

This is a three-hour presentation consisting of talks by Greg Deimling and Don Malecki, along with class participation, dealing with three common coverage gap areas in standard ISO Property, Crime and Liability coverage forms.

At the conclusion of this course, the attendees will be able to:
Identify the potential coverage gaps of property, crime and liability coverage forms;
Understand the rationale for the potential problems;
Determine ways to avoid the gaps, including using better alternatives.

Event Info:
$120 for Insurance Library or Boston Chapter CPCU Members / $150 for non-members OR$200 for Insurance Library or Boston Chapter CPCU Members / $260 for non-members for BOTH SESSIONS

March 29, 2012
8:30 to 11:30 AM
Mintz Levin, 1 Financial Center, Boston, MA
Approved for 3 CE credits in MA and NH (RI credit pending)

Insuring Electronic Information: A Cyber Primer

At the conclusion of this course, the attendees will be able to:

Define and know the definitions and underlying terminology regarding data and data elements;
Realize the difficulty in current policies to provide coverage for various intangible exposures created by technology;

Develop a deeper understanding and use of terminology used in internet and cyber liability policies;

Communicate the need for separate coverage for cyber exposures to clients and associates;
Understand coverage form development at the present time in this line of business.

Event Info:
$120 for Insurance Library or Boston Chapter CPCU Members / $150 for non-members OR$200 for Insurance Library or Boston Chapter CPCU Members / $260 for non-members for BOTH SESSIONS

March 29, 2012
1:30 to 4:30 PM
Mintz Levin, 1 Financial Center, Boston, MA
Approved for 3 CE credits in MA and NH (RI credit pending)

Birds-Eye View of Trends In Insurance Coverage

On March 30, 2012, you're invited to join us at The Insurance Library for breakfast and conversation with nationally recognized insurance experts Donald Malecki and Greg Deimling. Topics covered may include: Who is an Insured (Trust, LLC, Partnerships), Additional Insureds (Additional Insured vs. Additional Named Insured), Cancellation (what does 12:01 really mean) , and more.

We encourage attendees to send questions ahead of time to better direct the discussion. Please note, it's possible that your exact question may not be addressed, but it will be taken into consideration. This unique opportunity to speak one-on-one with Mr. Malecki and Mr. Deimling should not be missed!

Event Info:


$80 for Insurance Library Members / $110 for non-members

March 30, 2012
8:30 AM to 10:00 AM (Breakfast will begin at 8:00 AM)
Insurance Library Association of Boston, 156 State Street, Boston, MA
This meeting is not approved for CE credit.

All about Home Insurance and the Usefulness of getting Online Quotes

It takes years for a person to construct a house of his/her dreams. A mere brick and mortar structure for many a house may signify hundreds of dreams for someone. Home insurance is one of the best ways to protect a dream house. Insurance quotes can be easily found over the internet from various providers. Online home insurance quotes involve some objective answers from the insurance seekers that help them to assess the premium for their property. This may include questions such as whether the house is owned or rented. The type of the property that may be a single family home, condominium, townhouse, row house, duplex ,apartment and multifamily property. Along with this, other details may include the home to be insured, its address and location.

Those looking for cost effective home insurance quotes can easily get it by keeping the following pointers in mind –

Home security devices – Security devices such as smoke detectors, burglar’s alarms and fancy home locking systems contribute to bringing down the premium of the home insurance. A homeowner may not think but a small sprinkler system can lower the rates drastically.

Multi policies –In cases where a homeowner buys both home as well as auto insurance from the same provider, it help to reduce the premium. Therefore, effort must be taken in order to purchase both the insurances from the same provider.

Deductibles and credit score – The more readily an individual pays for the deductibles, the lesser premium he/she has to pay for the loss. In the last few years, companies have also started using credit scores for lowering the premium of the home insurance.

Read the section below to know about the types of insurance covers –

Guaranteed replacement costs - This is one of the most preferred types of insurance policies. It helps to cover the costs of those looking to rebuild the damage to any residence due to any cause that is covered under its conditions. This insurance as compared to others provide the maximum amount of compensation against natural calamities.

Replacement costs - In addition to the guaranteed replacement costs this is also one of the preferred forms of home insurance. Even this covers most claims for damages caused to a dwelling.

Actual cash value – This is different in comparison to replacement cost this type of cover involves the insurance provider should give the exact cost o the house in cash. However, this is not feasible in most of the cases.

It is easy to avail affordable home insurance quotes online with the help of a little research. Visit http://www.campbellsolberg.com/ for details.

Have you tried getting Home Insurance Quotes before Signing up any Insurance Plan?

Building an abode is an unconquerable dream that rules everybody’s thoughts from ages and since ancient times; humankind is striving from dusk to dawn to achieve this prime dream. The next thing that occupies our mind after achieving this dream is its safety. The only realistic and fiscal solution that can tear the fear pertaining to any unforeseen loss to dwelling is obtaining insurance through accurate home insurance quotes .

Although there is, no legal binding that can put any buyer under any mandatory requirement for having such policy except in case the foundation of house is laid on mortgage deed, yet we should all look for an agency only after comparing several home insurance quotes . Being a finance and insurance student, here I want to share some of the important extracts that I grabbed after researching various home insurance articles and journals:

Question: What is this home insurance concept all about?

Answer: We all want to protect our property and beloved ones from the natural disasters despite of our incompetency in that. We understand that natural calamities never knocks before they hit, they just blew everything. Therefore, we Americans do the righteous thing and instead of repenting for loss, we look for precautions. These home insurances more likely life or health insurance plans that seek an insignificant premium amount that is arrived after property valuation and charged as monthly or yearly instalments.

Question: what a good insurance quote must consist?

Answer: undoubtedly, the market is full of shady brokers and faddy plans and convincingly there are pricks with tricks to fool you around. These insurance plans are coated with numerous legal terms especially when it comes to actual reimbursement. Therefore, one must check the following in a quote:

Do that plan suits the structure of home, to be precise does it covers the entire structure of home.

Check the quote for the assessment made for belongings and other assets.

What is says about liability protection? Liability protection is one that covers the holder and his family member against any unintentional bodily or property damage caused to neighbours by him or his family members. Do not get it wrong, it simply not covers you if your son blows the head of your neighbour with a daisy pellet gun.

Check weather, it offers living expenses as well in case if your property is winged by a twister or hurricane and you got no place to live.

There is lot more to know about this insurance thing and one can learn it from other subjected websites like http://www.campbellsolberg.com.