Insurance

Insurance

Langevin Statement for the Record on FEMA Flood Insurance Rate Increases

Congressman Jim Langevin (D-RI) submitted the following statement for the record in response to Republican refusal to call up the Homeowner Flood Insurance Affordability Act for a vote

Legislation closing loophole in hurricane insurance rules signed into law

Providence, RI - June 25, 2009 - (RealEstateRama) — Legislation approved by the General Assembly -- to close a loophole in state law regulating hurricane insurance deductibles – has been signed into law and will, according to the bills’ prime sponsors, correct language that could have proved unnecessarily costly to Rhode Island homeowners.

Legislation closing loophole in hurricane insurance rules signed into law

Providence, RI - June 10, 2009 - (RealEstateRama) – Legislation approved by the General Assembly -- to close a loophole in state law regulating hurricane insurance deductibles – has been signed into law and will, according to the bills’ prime sponsors, correct language that could have proved unnecessarily costly to Rhode Island homeowners.

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Rhode Island Treasury Reunited 8,860 People with $11.7 Million in Unclaimed...

The Office of Rhode Island General Treasurer Seth Magaziner reunited 8,860 people with $11.7 million in unclaimed property in the fiscal year that ended on June 30

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Two Indicted in Sweeping Mortgage Fraud Investigations

A 14-count federal indictment filed in U.S. District Court in Providence charges two individuals, Hasan Hussain, 55, of Princeton, N.J., and Ricardo Abreu, 50, of Cranston, R.I., with allegedly participating in a conspiracy to defraud financial institutions, investors and financially distressed homeowners of at least 14 properties in Providence, Pawtucket and Cranston of fees, rental income, mortgage payment funds, property ownership and/or proceeds from the sale of their properties