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Community Assisting Recovery, Inc.

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

 

Index:

This Week’s Meeting Schedule: See Below

Insurance/Recovery Tip: ...Replacing Cash and Savings Bonds

CARe Update: ...................Save the Date in San Diego

Sempra/SCE Update:.........Keep Working on your lists!

Disaster Recovery: ............Site sought for Cedar fire memorial   

Insurance Industry: ...........Insurance Pricing – Explained

Disaster Prepared: ............New Brush Clearance Laws

Disaster News: ……............Earthquakes Hit Inland Empire

Quote of the week: .......….by New Orleans Mayor, Ray Nagin

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Click HERE to donate.

 

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This Week’s Meeting Schedule:

Date

Time

Topic

Location

Thursday, January 15

6:30 PM

Underinsurance and Insurance Legal Issues

El Montecito Presbyterian Church,1455 E Valley Rd, Montecito CA 93108                     -  MAP

Saturday, January 17

2:00 PM

Insurance Basics

Ayres Suites, Normandy Room - 22677 Oakcrest Circle, Yorba Linda, CA 92887          -  MAP

 

Insurance/Recovery Tip:

Replacing Cash and Savings Bonds

Many of us found out the hard way that fire safes just don't help in a firestorm. Worse yet, many of the things we keep in there usually aren't covered by insurance. Here are a few tips for replacing these items.

If you can find fragments of your currency (paper or coin) you can turn it in the Federal Government and they can replace it. Check out their website for details:
http://www.moneyfactory.gov/section.cfm/8/39

If you had stock certificates usually the corporation has their own procedures. For example here is the clause form the Time Warner website:

SECTION 4. Lost, Destroyed and Mutilated Certificates.
The holder of any certificate representing any shares of stock of the Corporation shall immediately notify the Corporation of any loss, theft, destruction or mutilation of such certificate; the Corporation may issue to such holder a new certificate or certificates for shares, upon the surrender of the mutilated certificate or, in the case of loss, theft or destruction of the certificate, upon satisfactory proof of such loss, theft or destruction; the Board, or a committee designated thereby, or the transfer agents and registrars for the stock, may, in their discretion, require the owner of the lost, stolen or destroyed certificate, or such person's legal representative, to give the Corporation a bond in such sum and with such surety or sureties as they may direct to indemnify the Corporation and said transfer agents and registrars against any claim that may be made on account of the alleged loss, theft or destruction of any such certificate or the issuance of such new certificate.

To replace lost savings bonds, follow the procedures outlined on the Federal Reserve's website:
http://www.ustreas.gov/education/faq/markets/redemption.html#q3

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CARe Update:

Save the Date for Meetings in San Diego

CARe meetings will soon be held in San Diego. Topics to be covered will be:

-          Tax Issues

-          Insurance Settlements

-          How to Document Your SDG&E/SEMPRA Loss

-          Insurance Q & A

Dates and locations are as follows:

Ramona                                    San Diego                                 Fallbrook
Disaster Recovery Center           Holiday Inn Rancho Bernardo      Fallbrook Community Baptist Church
Wed, Jan 21 at 6:30 pm Thu,      Jan 22, 2009 at 6:30 pm             Sat, January 24, 2009 at 10:00 am

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Sempra/SCE Update:

Keep Working on your lists!

If you’re involved in a lawsuit regarding your loss, be sure to continue working on remembering, listing and valuing the things you lost. For more info, come to an upcoming workshop!

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Disaster Recovery News:                   

Site sought for Cedar fire memorial
January 3, 2009

LAKESIDE — The donations began pouring in almost immediately after the Cedar fire roared through Lakeside's dry hills in October 2003. Everyone liked the idea of a memorial honoring those who were killed, including 12 Lakeside residents.

Five years later, a memorial is not yet in place.

http://www3.signonsandiego.com/stories/2009/jan/03/1ez3cedar233048-site-sought-cedar-fire-memorial/?metro

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Insurance Industry News:                  

Insurance Pricing – Explained

November 13, 2008

Q. How do insurance companies set rates and why do rates vary from company to company? 
-  Matthew B., Santa Barbara

Pricing – or rating - is always based on how much money an insurance company needs to cover its costs and remain profitable. 

Insurance companies rely on two sources of income:  your premiums dollars and returns on investments (investments they make with your premium dollars).  When investment returns go down, expect your premiums to go up.

http://rogerperry.wordpress.com/2008/11/13/insurance-pricing-explained/

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Disaster Prepared:

[Editor’s Note: Among the new laws that took effect on January 1 of this year is a new law about clearing brush.]

New Brush Clearance Laws

 “Fire prevention: Improves measures to prevent damage from wildfires, including a requirement that homeowners clear brush from a 100-foot perimeter around their houses. Another law requires California forests to be better managed against tree-killing pests and to make it easier for fire departments to access firefighting equipment.”

You can read more at http://www.latimes.com/la-me-newlawsweb1-2009jan01,0,4628713.story

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Disaster News:

Earthquakes Hit Inland Empire
Jan. 8, 2009

A magnitude 4.5 earthquake struck one mile south of San Bernardino at 7:49 p.m. Thursday, according to the U.S. Geological Survey.

http://www.msnbc.msn.com/id/28570116/

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Quote of the Week:                   

"You guys in New York can’t get a hole in the ground fixed and it’s five years later. So let’s be fair.”

             - New Orleans Mayor, Ray Nagin one year after Hurricane Katrina

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Community Assisting Recovery, Inc.

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