Year: 2013

Catastrophes The Driver Of Higher Homeowners Insurance Rates

NATURAL CATASTROPHES: U.S. If loss trends are similar to the last 20 years expect volatility in homeowners and all property insurance lines rates. Insured natural catastrophe losses in the U.S. totaled $58 billion in 2012 – far above the 2000 to 2011 average loss of $27 billion (in 2012 dollars) according to Munich Re. Hurricane Sandy, which made landfall in New Jersey, became the worst storm... Read Article

Tips for Parents: How to Safeguard Your Teen Driver on the Road

New Study Shows that Teen Auto Deaths Are on the Rise after Several Years of Decline NEW YORK, May 1, 2013 — Memorial Day through Labor Day is the most dangerous time of the year for teens to be on the road. Statistics from Tire Rack Street Survival,a national nonprofit teen driving education program, show that over the past five years combined, an average of... Read Article

Extra Fee For Minnesota Auto & Home Insurance Policyholders

MINNEAPOLIS (WCCO) – Take a close look at your homeowner and auto insurance policies — the cost may be going up. Minnesota lawmakers are considering a bill to add a $5 surcharge on every policy in the state. It’s a way to help restore pensions for firefighters and police officers, but adding $5 to every one of those insurance policies is turning out to be... Read Article


The Minnesota Senate passed the health insurance exchange bill that allows consumers to shop for coverage plans online as part of the enactment of the Affordable Care Act. The House passed the bill on Thursday, and on Monday, the Senate voted 39 to 28 to pass it as well. Gov. Mark Dayton is set to sign it although no Republican lawmakers voted in favor of the... Read Article

Don’t Get Into a Storage War; Make Sure Your Storage Unit Is Properly Insured

Homeowners Insurance May Provide Off-premises Protection, But Policy Limits Differ Whether you are downsizing to a smaller home, safeguarding heirlooms after a death in the family or just cannot let go of those old mementos, storage units can provide a useful solution for dealing with extra belongings. While storage units may be the answer to de-cluttering your home, adequate insurance coverage is the answer to... Read Article