Community Assisting Recovery, Inc.

“Survivors Helping Survivors” • 888-216-8264 • carehelp.org

This Week’s Meeting Schedule:

Insurance/Recovery Tip:

Protect your insurance settlement during this banking crisis

CARe would hate to see your hard earned insurance settlement funds disappear in the current banking crisis.

1. Have the mortgage company put any insurance settlement funds in a “trust” account related to your mortgage to best protect the entire amount of your recovery check.  The insurance recovery that the mortgage company holds should not be held in any “general” account or commingled with any other bank funds.  It may take talking to an upper-level bank official.
2. Funds held in any bank should be limited to $100,000 per account to receive FDIC protection.  An account can have up to $200,000 but it needs two specific individuals.  Check with your bank.

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CARe Update:

Corrected One Year Letter

In my haste to leave for my long weekend, I quickly sent out the one year letter sample without doing a very good proofreading job. We have corrected it and you can find the new and improved version at:

http://www.carehelp.org/downloads/letters/CARe_One_year_letter.pdf

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Sempra/SCE Lawsuit:

Edison Lawsuit Update (Slide Fire)

I recently received an email from the people organizing the Edison lawsuit for the Slide Fire. Here it is.

I have envelopes addressed and ready to mail to every property owner as soon as we know when and where our next meeting will be around the end of October.  If you ... know [someone], and they are not yet connected with LAAG, please drop them a note and invite them to join us. 

Thank you, John

John.Elliott@pepperdine.edu

http://www.mountain-sb.net

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Disaster Recovery News:                   

Fire recovery moving slowly
September 24, 2008

With the anniversary of the October 2007 wildfires rapidly approaching, just 65 homes, or 4 percent, of the 1,600 that burned to the ground in San Diego County have risen from the ashes, according to a report released Wednesday by the San Diego Foundation.

[more HERE]

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Insurance Industry News:                  

Allstate seen giving AIG's tires a kick
Sept. 19, 2008

Allstate Corp. could be kicking the tires on American International Group’s personal insurance unit if the financially troubled New York firm puts it on the sale block.

[more HERE]

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Disaster Prepared:       

National Preparedness Month Blog

Yes, the month is almost over, but check out this blog with lots of useful tips to keep prepared!

http://www.ready.gov/journal/journal.html

September’s archive

http://www.ready.gov/journal/2008_09_01_archive.html

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Disaster News:                          

PSA Crash 30 Year Anniversary

144 people died in the worst air disaster in California history When PSA flight 182 collided with a Cessna 172 and crashed into North Park.

Pictures at http://photos.signonsandiego.com/080920PSA?page=1

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Quote of the Week:                   

"The history of humanity has always been a race between learning and disaster." H.G. Wells

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Help CARe provide assistance to disaster survivors and continue our free services:

http://www.carehelp.org/contribute/contribute.htm

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Community Assisting Recovery, Inc.

19360 Rinaldi Street, PMB 220, Northridge CA 91326
www.carehelp.org
888-216-8264