Real estate blog entries tagged with insurance industry by Cameron Bagherpour ~ North Carolina Insurance (Cary & Raleigh, NC Insurance)

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Home : Blogs : Cameron Bagherpour ~ North Carolina Insurance : Cameron's Home & Auto Insurance Blog : Tag "insurance industry"

insurance industry: NC Beach Insurance Plan Update - 12/17/08 10:54 AM

Finally, the NC Department of Insurance has decided to take on the mounting financial problem facing North Carolina's Beach Plan. A second major carrier has withdrawn from the home insurance market and more are getting ready to follow. Our newly appointed, er, elected commissioner, Wayne Goodwyn vows to take the bull by the horns. The problem is that the only solution entails raising premiums and lowering coverages. Not good choices when you're an elected official.
But here's the good news: since the election is over, he can push through any unsavory elements and still have enough time before the next election … (1 comments)

insurance industry: Two Fortune 100 Insurance Companies In Trouble - 11/03/08 01:38 PM

This week, TWO FORTUNE 100 INSURANCE COMPANIES are out looking for capital to shore up their books. Both companies suffered losses in their investment portfolios and now need cash infusions to remain solvent. This is a pretty scary situation given that insurance companies are supposed to be the most risk-averse and conservative when it comes to investing their money. I can't say this any more clearly: Make sure you look at the most recent financial rating of any insurance company you plan to purchase insurance from. If they've been recently downgraded, that is a warning sign to all investors and customers.
I'll … (0 comments)

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Cameron Bagherpour ~ North Carolina Insurance

Cary, NC

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Cary & Raleigh, NC Insurance

Address: 150 Cornerstone Dr. #202, Cary, NC, 27519

Office Phone: (919) 460-0606

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