Flood insurance since 1968 has become a liability of some property owners by federal law. Flood insurance problems that occurred in Syracuse is the result of an agreement that created the first change to the law in 1994, after the Mississippi River valley had been some flooding heaviest.
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The jury of the state prosecution has been done to a Union County insurance agent on charges that he had failed to hand over more than $148,000 in payments while he was receiving premiums from insurance companies, Attorney General Jeffrey Chiesa yesterday. Read More »
In Europe, an online residential loan sale site has been launched by US firm Carlton Residential. It designed to help institutions sell defaulted homes and loans. Read More »
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