Viewing by month: February 2009
Where’s the Ike Insurance Money?
First it was trouble getting insurance money, now a new problem is popping up for Hurricane Ike victims.
Many have gotten insurance checks, but they still do not have access to the money to make repairs.
The insurance checks to cover storm damage are often written to the homeowner and the mortgage company holding the lien. Storm victims are finding when they go to cash the check, the mortgage holder is keeping all the money, making repairs next to impossible.
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Hurricane Ike: Bad Insurance Winds Blowing
While the ill winds of Wall Street and the government takeover of AIG has taken over the news, the victims of Hurricane Ike are receiving scant attention. But Ike's victims should be forewarned that like the victims of Hurricane Katrina, the prevailing legal winds seem to be blowing against the interests of property owners seeking to recover losses caused by water and wind disasters.
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