Tuesday
20Oct2009

We Have a Ways To Go: Opinion from Astro National

DateTuesday, October 20, 2009 at 8:55AM

 

"We have a ways to go, but we are going to get health-care reform passed this year because the need is so great. - Max Baucus | U.S. Senator from Montana

 Now that the focus of the health care debate has turned to a small group of legislators in Washington, I am reminded of  David Borris, owner of Hell's kitchen catering in Northbrook, who testified April 22, 2009 at a House Ways and Means Committee.

 Mr. Borris’s testimony regarding his experiences with group insurance has an all too familiar tone:

 “I will pay approximately the same amount to insure half of my full time staff as I pay in rent in 2009. Surely, this is deeply broken. There must be a better way.”

 Mr. Burris echoes a sentiment that is shared by most Americans:

 “I want to make one thing perfectly clear: as a small business owner, I’m willing to contribute to get good health coverage for my employees. I want to be able to do that, but it’s becoming all too obvious for me that I’m not going to be able to keep doing it alone. That’s why I support the idea of a system of shared responsibility – where businesses, employees, government, providers – where we all pitch in to make it work.”

 Here's David Borris's complete testimony: http://www.youtube.com/watch?v=IyPY5lu-sow

 Read David Borris’s complete testimony: http://waysandmeans.house.gov/hearings.asp?formmode=printfriendly&id=7675OP

Opinion from Astro National Insurance Agency in Oak Brook, Illinois

 
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Wednesday
16Sep2009

Back to School Time!! Insurance?

DateWednesday, September 16, 2009 at 11:50AM

 

Insurance companies consider college students to be residents of their parents’ home, temporarily residing elsewhere. They also consider your dorm-room contents to be “personal property, located off premises”.

 Most homeowners/renters policies extended coverage of 10 percent of personal property for property located off premises. If you have $100,000 of contents coverage at home, you will have $10,000 coverage for an off premises dorm room.

 Often times dorm rooms are left unlocked and items taken without the tell tale signs of a forced entry or break in. In this instance, the missing items are considered by insurance companies, such as Astro National, not as stolen, but as mysteriously disappeared. Mysterious disappearance is not a covered peril on most homeowners and renters policies.  However, more expensive items like a laptop computer can be scheduled and additional premium paid that not only will cover the mysterious disappearance, but also not subject to the policy deductible.

 If your child is considering renting an apartment they should obtain their own renters policy. Many insurance companies will not insure multiple names, or unrelated names, on a single policy. Each roommate should obtain their own policy. Also, if you, as a parent signed the lease, you and the student should both be named as insureds on the policy.

 

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Wednesday
09Sep2009

Congrats to a friend of Astro National

DateWednesday, September 9, 2009 at 3:09PM

Congratulations to a good friend of the agency.

 We would like to congratulate John Hennessy on being named to the position of chief executive officer of CNA's European operations.

 Mr. Hennessy’s appointment to the newly created role further demonstrates CNA’s strong commitment to its European operations.

 CNA is the 7th largest U.S. commercial insurer and the 13th largest U.S. property & casualty insurer. They provide insurance protection to more than 1 million businesses and professionals in the U.S. and internationally. Headquartered in Chicago, CNA has offices throughout the U.S., Canada and Europe.

 
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