Wildfires have been raging in the Western United States, wreaking more than $10 billion in damage and forcing thousands of residents to evacuate. But long after the fire season has ended, some owners of damaged homes are likely to find themselves waiting to have their dwellings repaired or rebuilt.
Disputes over wildfire claims sometimes arise between homeowners and insurance adjusters, slowing repairs. In other cases, there are so many claims in a community that there aren’t enough construct...
Slide 9 of 21: People who delay removing an ex-spouse as the beneficiary of a life insurance policy following a divorce are making a big mistake. No one knows when their life will end. If you die before you change your policy, your ex likely will receive your life insurance benefits, even if you have remarried since the divorce.After a divorce, you should review your life insurance policy and any account where you’ve named a beneficiary, says McRae.“Often people will make a b...
The wildfires that are devastating communities in Southern California underscore the need for homeowners to take precautions to protect their properties.
For most people, the purchase of a home is the greatest single investment they’ll ever make. In addition to providing shelter, a home can be used to create a financial legacy for children. It also can become an asset that can be borrowed against, if the owner needs an infusion of cash.
Even if you’re well-insured, the loss of a home is costl...
In recent years, businesses and institutions have been plagued by cybersecurity breaches — putting all our digital information at risk. A data breach is anything that results in unauthorized access of data, networks, applications or services by defeating a security system. Not even political organizations, such as the Democratic National Committee, have been safe from hackers’ intrusions.
When your car has been damaged in an accident, one of the most important things you can do is find a quality auto repair shop that will make it truly roadworthy.
Your insurance company may offer to relieve you of the burden of finding a reputable repair shop by giving you a list of its own preferred providers. This is a tempting offer when you’re in a hurry to get back on the highway and not eager to check out repair shops on your own.
Insurers typically tell policyholders that they have care...
Deciding when to retire isn’t easy, especially when you’re in a career you love.
Even if you’re very happy in your work, there likely will come a time when you decide that retirement makes sense. It may be an issue of health or you may take stock of your life and realize there are things you woul...
strive to match the products they make
with the buyers who need them, they
increasingly are turning to “big data,” the
science of sorting through multiple layers
of computer-generated information to