After Sandy, New York City Eyes Moving Power Gear Higher

December 14, 2012Email ThisPrintNewslettersTweetArticleComments

A major push is on to move New York City’s electrical infrastructure to higher ground or upper floors after Superstorm Sandy sent seawater pouring into low-lying substations and skyscraper basements and plunged half of Manhattan into darkness for four days.

The effort, likely to be enormously costly, will center partly on two old weaknesses brought into sharp relief by the surge: power distribution stations built just yards from the water’s edge, and electrical components located in vulnerable basements.

Ever since Thomas Edison built the world’s first central power station in a Manhattan seaport district in 1882, central elements of the island’s electrical infrastructure have been located along the waterfront. Ten of Con Edison’s 101 transmission and distribution substations sit in flood zones.

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Connecticut Moving Ahead With New Health Care Exchange

August 28, 2012Email ThisPrintNewslettersTweetArticleComments

Connecticut officials are pushing ahead with plans to set up the new health insurance exchange, a marketplace where individuals and businesses can find affordable coverage, by next fall.

The federal Center for Medicare and Medicaid Services last week awarded the state a $107 million grant. It was the latest allotment from the federal government as part of President Barack Obama’s health care overhaul law. To date, the state has now received a total of $116 million.

Connecticut is one of a handful of states to have received a so-called Level-Two Establishment Grant. It joins Washington, Rhode Island, Maryland, Nevada and Vermont.

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Vanliner Partners with Agents Association on Moving, Storage Agents Program

May 9, 2012Email ThisPrintNewslettersTweetArticleComments

Vanliner Insurance Co., an insurer in the moving and storage industry, introduced a new affinity program developed for moving agents affiliated with the Allied Agents Association (AAA).

The AAA program is Vanliner’s third affinity program designed for best-in-class moving and storage companies. Allied moving agents joining the affinity program can receive options like a product portfolio and customized services. Coverage lines include auto and general liability, cargo/warehouse, property, workers’ compensation and umbrella. Since July of 2010, Vanliner has launched six new programs including three alternative risk transfer products and three affinity programs.

Vanliner Insurance Co. is a provider of insurance products for the moving and storage industry. It is  located in the St. Louis suburb of Fenton, Mo. Vanliner is licensed in all 50 states and is a subsidiary of National Interstate Insurance Co.

Email ThisPrintNewslettersTweetCategories: National NewsTopics: Commercial Lines, Markets/Coverages, Moving and StorageHave a hot lead? Email us at newsdesk

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Colorado Wildfire Compensation Compromise Moving Along

May 9, 2012Email ThisPrintNewslettersTweetArticleComments

A compromise proposal to allow Colorado wildfire victims to seek state compensation in excess of liability limits remains on track for approval in the Legislature.

A Senate committee voted 5-0 Monday in favor of a bill to retroactively add state-set wildfires to the list of state immunity exemptions. The change would give victims of the recent Lower North Fork Fire the chance to seek state compensation beyond a $600,000 liability cap.

The measure already cleared the House and appears likely to reach the desk of Gov. John Hickenlooper, who supports the compromise.

A separate bill pushed by House Republicans on fire liability was amended by the Senate committee, giving that measure a longer road to becoming law.

Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Email ThisPrintNewslettersTweetCategories: West NewsTopics: Colorado wildfire, Liability, Lower North Fork Fire, wildfireHave a hot lead? Email us at newsdesk

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RENTING A STORAGE UNIT?

RENTING A STORAGE UNIT? 




Q:  I have just rented a storage unit in preparation for putting my house on the market.  Are our possessions covered under our homeowners’ insurance policy while in storage?

A:  While Moving, MOST insurance Carriers Will Cover Your Belongings Under The Coverage C Limits (Personal Property/Contents) Portion of Your Policy For About 30 Days. 

If You're Needing A Storage Unit For A Long Term Rental Contact Jason Shroot For an Insurance Policy Review & Quote

 
714-988-3325
jason@diversifiedinsurancequotes.com