Archive for April, 2010

An inquiry in California alleges that the company violated state laws on how policies are priced and sold, perhaps affecting thousands of customers. Mercury Insurance Group violated state laws meant to regulate how coverage is priced and sold and, as a result, overcharged perhaps thousands of Californians for homeowner and automobile insurance, the state Department...
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Confuse on which California car insurance provider to pick? The State mandated drivers to secure insurance. Getting an online quote will help you find an insurance company. Pick one that meets the State’s requirement. Include Uninsured/Underinsured Motorist Bodily Injury. Read this article for more insurance information. You can get a California car insurance quote online....
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WASHINGTON (CNNMoney.com) — As the economy begins to mend, the cost of borrowing money for a big purchase could start to increase. Mortgages, in particular, have flirted with record lows during the recession. Credit card rates have been bouncing upward and, while auto loan rates are expected to stay low for a little while longer,...
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After lots of wrangling, Gov. Arnold Schwarzenegger is finally ready to do right by strapped California homeowners. Currently, state law requires the payment of income tax on a homeowner’s canceled or forgiven debt on a short sale or foreclosure. What it means in practice is that a struggling homeowner who has either lost his or...
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The insurer had delayed the increases till May 1 pending a review by an outside actuary appointed by the state insurance commissioner. That report is expected within two weeks. Thousands of worried Californians who buy individual insurance policies from Anthem Blue Cross will soon learn whether they face rate increases of up to 39% that...
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SAN DIEGO — The earthquake that rattled Southern California this week was a gentle reminder that not many Californians, and not may San Diegans, have earthquake insurance. Only twelve percent of homeowners are insured. This could spell trouble when the big one actually arrives. But there are reasons why so many people have chosen not...
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“I’ve been ‘unofficially’ told by the H.R. manager of my employer,” wrote RG from Los Angeles, “that it will be cheaper for them to take the penalty than to continue insuring us.” RG’s question — whether it was true that “many, many companies will start dumping health insurance benefits” — was one of several...
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An amount of office space equivalent to 13 Bank of America buildings sits vacant in San Francisco today as companies continue to shed more square footage than they rent – a trend that won’t change until employers start putting more people behind desks. The 13 million square feet of available space in the first quarter...
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Worst performing cities: Despite news that the pending home sales index jumped at the highest rate since 2001, some real estate markets are struggling along. We’ve recently discussed the best small towns to buy a home and outlined most rapidly growing counties but today we’d like to reveal the areas that are struggling. The 10 worst performing...
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Real estate prices are low, but the lack of available financing is preventing people from taking advantage of them. This of course presents an opportunity for investors. By providing hard money loans, investors can make a healthy profit with low risk. See the following article from REIClub for more on this. It is a...
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