Archive for July, 2010

 

9 of the world’s most expensive oil spills

In the end, it’s possible that the BP Deepwater Horizon oil spill in the Gulf of Mexico will likely to be the most expensive oil spill to date. Indeed, there are estimates that the spill will cost anywhere between $15 billion and $40 billion - with some estimates reaching more than $100 billion. » read on…

 
 
 

New federal rules may help lower your auto and home insurance rates

You may not realize it, but those two times you paid your credit card bill late may mean you’re paying more in auto or home insurance premiums today. » read on…

 
 
 

Top 10 tales of truly outrageous insurance claims

Insurance is intended to provide you with a peace of mind if things go wrong. It’s meant to provide protection against future risk. Unfortunately, some people invent tragedies and cook up scams in an effort to illegally collect money from insurance companies. Thousands of people have made fraudulent claims in the past, sometimes resulting in small sums of money, and in other cases bilking the system for mind-boggling sums. Here are 10 outrageous insurance claims: » read on…

 
 
 

The 11 wackiest celebrity body part insurance policies

Celebrities are a funny lot. Many start out just like you and me – the average Joe and Joanne from a middle class family. Along the way, though, something happens. Maybe it’s the money. Maybe it’s the adulation. Maybe it’s the being surrounded by loonies trying to get a piece of their fortune and fame. Whatever it is, some celebs spend obscene amounts of money on insuring certain parts of their anatomy. Take a look at these 11 wacky celebrity body part insurance policies. » read on…

 
 
 

Con artists take advantage of tragedy

Some con artists look to profit from tragedy. They come out of the woodwork following a natural disaster when you could be at your most vulnerable. According to the National Insurance Crime Bureau, a non-profit that educates people about insurance companies and insurance fraud, it’s common in the aftermath of a disaster for local professionals to go door-to-door to offer help in clean up or to repair damage. » read on…

 
 
 

10 truly bizarre things insurance can cover

When it comes to insurance, most people think about the basics - health, life, home, auto. Some people consider disability insurance as well. However, most people don’t think that they’ll need alien abduction insurance, and most men don’t think about getting paternity insurance. But these insurance policies are real. Here are some of the bizarre things you can actually get insurance coverage for: » read on…

 
 
 

Experts predict an active hurricane season

As if we need another disaster in the wake of the mind-numbingly depressing BP oil spill, experts say this year’s hurricane season could be a doozy. National Oceanic and Atmospheric Administration scientists predict an “active to extremely active” season, with a 70 percent chance of 14 to 23 named storms, 14 of those becoming hurricanes. » read on…

 
 
 

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