December 3, 1992
Winter storms and flash floods may seem like distant memories, but Mayor Robert Tanenbaum announced this week that the city has qualified all Beverly Hills homeowners, renters and businesses for low-cost flood and mud insurance through the National Flood Insurance Program. Federally subsidized flood insurance can be purchased from any property insurance agent licensed to conduct business in Beverly Hills.
February 10, 1989 |
The state Supreme Court said today that it will hear oral arguments March 7 on the constitutionality of Proposition 103, the initiative to cut insurance rates. Under its rules, the court must decide the case within 90 days after the hearing. Proposition 103, approved by state voters in November, requires that auto and property insurance rates be reduced 20% below November, 1987, levels and frozen until November, 1989, unless an insurer can show a substantial threat of insolvency.
November 28, 1993
The Federal Emergency Management Agency is urging homeowners below the slopes charred by last month's Altadena fire to buy flood insurance if they don't have it. The coverage, which can be purchased at any time from a California agent licensed to write property insurance, is backed by the National Flood Insurance Program and administered by the Federal Insurance Administration.
May 12, 1994 |
Just how much is your insurance agent worth to you? That question is at the heart of a soon-to-be-decided legal battle between big insurance companies and a handful of California insurance agents who want to rebate their commissions openly. If the issue is ultimately decided in favor of the insurers, rebates could be much more difficult to find--eliminated by law or in practice.
January 5, 2011 |
According to the conventional wisdom that liberals accept climate change and conservatives don't, Kerry Emanuel is an oxymoron. Emanuel sees himself as a conservative. He believes marriage is between a man and a woman. He backs a strong military. He almost always votes Republican and admires Ronald Reagan. Emanuel is also a highly regarded professor of atmospheric science at MIT. And based on his work on hurricanes and the research of his peers, Emanuel has concluded that the scientific data show a powerful link between greenhouse gas emissions and climate change.