When creating a personal property inventory either for litigation or an insurance claim, it is necessary to document everything that you lost. If you're having a hard time remembering things in your house, try this technique. Draw a diagram of the room you want to focus on. This does not have to be an accurate drawing and it’s not something you even have to share with anyone. It is simply a mental exercise to help you remember what was in the room.Divide a piece of paper into four squares (or...Read More
Nearly 30 million small businesses operate in the United States, according to the Small Business Administration Office of Advocacy. They employ just over half the country's private sector workforce and hire 40 percent of high tech workers, such as scientists, engineers and computer workers.
"With 52 percent of small businesses located in homes, it is important for these business owners to protect their personal and business assets properly," says Bruce Peterson, a senior vice president with Fireman's Fund Insurance Co. "Employee and family member safety comes first in the event of fire, flood, earthquake, windstorms, or any other physical loss."
More than four months after the Fourmile Fire destroyed 169 homes in the mountains west of Boulder, county building officials are still struggling with whether -- and how -- to waive building permit fees for some of the people trying to rebuild.
Boulder County staffers have said that they're not willing to eliminate the fees -- which can be thousands of dollars, depending on the value of the house being constructed -- for everyone, since in many cases, the applicants' insurance company may pick up the tab. Permit fees are also the sole funding source for the building division.
A bill introduced by state Rep. Claire Levy, D-Boulder, to reduce the amount of property taxes owed by victims of natural disasters in Colorado -- including people who lost homes in the Fourmile Fire -- passed unanimously out of the House Local Government Committee on Wednesday.
“This bill idea was brought to me by a few of my constituents whose homes were badly burned last fall during the Fourmile Canyon fire," said Levy in a statement. “The goal here is to protect landowners whose properties or structures have been burned from having their property taxes rise.”
A photo posted on a Facebook page of a young man named “Tom” on skis is nothing out of the ordinary. Hundreds of thousands of photos just like it are splattered all over the Internet. The exception in this case is that this man claimed to be a robust, healthy, active young man before a car accident caused by your insured a year before this particular photo was taken supposedly caused neck and back injuries that severely hampered his active lifestyle.
Wouldn’t you have loved to be armed with the picture of “Tom” on his skis when you entered settlement negotiations? How much less would you be willing to pay if you knew that the injured person was zooming down the slopes, running races, playing golf, or lifting weights following the accident? This might be a good time to re-examine your reserve.
The Farmers Insurance Exchange has agreed to pay $700 million for the naming rights to the proposed downtown Los Angeles football stadium and event center, a deal backers say is a big step towards attracting an NFL team to the city. The stadium is to be named Farmers Field.
AEG Global Partnerships, developers of Staples Center and L.A. Live, which has proposed the stadium, confirmed the 30-year deal. The $1 billion dollar stadium will be entirely privately financed.
After calls from politicians and reform groups, the California Public Utilities Commission will launch a public hearing, looking into the deadly gas pipeline explosion in San Bruno.
According to the Mercury News and the San Mateo County Times, the move follows criticism from San Francisco City Attorney Dennis Herera, state Sen. Mark Leno, the Utility Reform Network and the Consumer Federation of California.
Pacific Gas and Electric Co.'s record-keeping blunders leading up to the San Bruno natural-gas explosion indicate the need for "a new perspective on safety culture" throughout the industry, the chairwoman of the National Transportation Safety Board said Wednesday.
Deborah Hersman described how her investigators learned shortly after the 30-inch transmission pipeline exploded Sept. 9 that PG&E had no clue about the line's characteristics, and said that to this day the company has been unable to find basic records on the manufacture and 1956 installation of the pipe. By law, companies are supposed to retain such documentation and use it to check for potential threats to pipelines.
If there were a major earthquake in Los Angeles, with bridges and highways and railroads and airports all shut down and huge buildings collapsing, I don't care how much planning you do, the first 72 hours is going to be chaotic.