Apr 26, 2011

Under the Tucan Sun

Last Thursday night I attended a wine class to explore and discover the Wines of Tuscany, one of the most notable winegrowing areas in Italy. We tried eight different wines made with the same grape call Sangiovese, which is the most plated red grape in all of Italy. This magnificent grape is also called Brunello, Morellino and Nielluccio and Prugnolo Gentile.

For the first time I tasted Chianti Classico Riserva which is the best of the chiantis you can drink. The reason is that must have 24 months maturation and three months in bottle before release.

The blend is a least 80% Sangiovese, can add reds such as Cabernet Sauvignon, Merlot, etc. It is more intense and complex than Chianti Classico.

As the class progressed we tasted Super Tuscan, a combination of traditional Italian and French varietals aged in French oak barriques. We came to end of the class and we were delighted with the star of the wines Brunello di Montalcino (Podere Paganico Brunello di Montalcino, 91 Points), regarded as some of Italy’s best red wines. This Tuscan crown jewel requires to age for 2 years in oak and then an additional 3 years in oak, tank or bottle for a total of 5 years before release. While this process takes place you can enjoy the Rosso di Montalcino which is great to drink while aging your Brunello.

The class was a informative and quiet an experience thanks to our instructor Nick, from Total Wine. Also his assistance and the whole team at Total Wine.

Please check Total Wine in your area and take a tour around the world of wines.

Apr 20, 2011

Storm Losses Largest in North Carolina and Virginia

The massive, weekend storm system that killed dozens of people, and destroyed buildings, livestock and other property as it swept east across the country, produced the most significant insured losses in North Carolina and Virginia, officials said.

The thunderstorm system — which included tornadoes, high winds and hail — formed Thursday in the Southwest and produced severe thunderstorms in rural areas of Oklahoma, Arizona Alabama and Mississippi as it moved east over the weekend.

The National Weather Service said more than 240 tornadoes were reported over three days — including one in the vicinity of Tushka, Oklahoma, that generated winds in excess of 135 miles an hour. A total of 40 counties in Arkansas and Oklahoma were under a tornado watch; in Texas, five counties saw hail the size of golf balls.

“Thousands of trees were toppled or snapped, and downed power lines cut electricity to tens of thousands of households… Roofs were ripped from homes and, in the most severe cases, homes and businesses were flattened,” said Tim Doggett, a scientist with Boston-based AIR Worldwide.

The storm moved up the East Coast on Friday and Saturday, as tornado destroyed houses in knocked down power lines in Alabama before reaching the Carolinas and Virginia where the costliest damage occurred. Over 250,000 people lost power as commercial and residential structures were pounded with hail and subjected to wind speeds in some instances exceeding 160 miles per hour.

It was the worst storm in two decades in North Carolina, where at least 21 people were killed and hundreds of homes damaged. Authorities are assessing the destruction from deadly weekend storms, as cleanup and relief efforts continue for those whose homes were damaged or destroyed. In Virginia, at least five died.

Bertie County was the hardest-hit in North Carolina, as 67 homes were destroyed along with crops. Assessed loss totals there are approximately $2.5 million.

Crews in those two states are continuing to assess damage. “We’re going to do the best we can to rush aid to people as soon as possible,” said Virginia Gov. Bob McDonnell, who toured storm-damaged areas of the state on Monday.

The effects of the tornados were felt as far away as New Jersey, Pennsylvania, New York and Connecticut, where high winds and isolated flash flooding occurred in certain locations on Saturday night.

“Our condolences go out to all Americans affected by this catastrophic tornado outbreak,” said Christopher Hackett, director of personal lines policy for the Property Casualty Insurers Association of America (PCI). “We know that many lost loved ones and many more suffered catastrophic property damage. Insurance adjusters are in the field now, working to help victims of this storm put their lives back together.” PCI has issued guidelines and information to help home and business owners file claims.

Material from the Associated Press was used in this report

 

courtesy of Insurance Journal

Apr 19, 2011

Is Your Home Under-Insured Pt.2

What is necessary on a home owner’s policy?

  • Ordinance or Law – Building codes change all the time, Ordinance or Law is an extra coverage that in case major renovations, there will be additional funds usually 10% to 25% of the dwelling amount  to make sure that not only is the home rebuilt as is, but that is built up to code. This coverage is especially important for any homes built before 2002.
  • Proper Square Footage – Before you call your agent visit your county property appraisal website and search for your address and verify the year built and the square footage of your home.  Make sure that the proposal you received is rated using the information that you have gathered, you will be surprised how many errors you will find. Remember wrong information will create miscalculated coverages and premiums and serious issues with claims settlements.
  • Upgrades – We like our homes looking nice. Granite countertops, marble floors, a state of the art kitchen. In case of a disaster we want to make sure we get back exactly what we paid for. Unfortunately, sometimes these upgrades will be rated as standard vs. custom, creating less dwelling amount coverage in case of total loss. If these special features of your home are not declared at the time of a claim, there might not be enough coverage to rebuild your custom designed kitchen and you will have to settle for standard one.
  • Loss of use – The supernatural occurred and now you have to stay elsewhere. This is where loss of use kicks in. Companies cover from 20-40% of your dwelling coverage. Remember when our main coverage amount of the dwelling is miss calculated or reduced intentionally, so will the rest of the coverages.
  • Disaster Coverage – Living in Florida this is kinda big. Unless you are ready to leave everything behind this is a must in case of a hurricane or flooding.

Being cheap in the long run is gonna give you more headaches than necessary.  Plus, don’t you wanna protect your family and assets?  Make it clear to your Agent that you want the best coverage and the best competitive rates.

If you have any questions or would like for us to review your policy, call us!  We are here Monday – Friday 8:30 am  to 5:30 pm!

Apr 15, 2011

Water: Essential Part of Life

So I just received a chain letter stating the importance of drinking water and I figured I’d share it with you. We’ve all heard how we have to drink 8 glasses of water a day to be at the top of our health game. Well first let me clarify that that is not true. It all depends on the caloric intake, age, weight, activity, and even environment. The Institute of Medicine reported that women on average should drink about 11 cups and men 15 of total water.

What is total water? Almost everything we consume has water in it. The early morning coffee, the sauce in our favorite pasta dish, and every fruit has water in it one way or another. 80% of our water intake comes from liquids and the other 20% from food. And for those dieting, drinking water boosts the number of calories burned in a day.

Some more water benefits:

  • Helps carry nutrients and oxygen to cells
  • Coverts food to energy
  • Protects vital organs
  • Removes waste
  • Cushions joints
  • Accounts for 22% of bones

Don’t put it off and keep saying you need to drink more water. Start reaping the benefits of a healthy lifestyle today.

Apr 14, 2011

Is Your Home Under-Insured?

We have been disaster free here in Florida for a good number of years. Our homeowner policies have continued renewing and sometimes we pulled them only when the renewal premium goes up. Now do yourself a favor and take a second look at that policy.

It is common that after disaster strikes, people find out they’re under-insured.  MSB, an insurance-services firm, surveyed that nationwide 68% of homeowners are under-insured by an average of 18%. This practically means that on a house worth $300,000 the owner will find themselves $54,000 short in a disastrous situation.

Rather sooner than later a major hurricane will hit South Florida, this is the time for anyone that owns a property to pull their policy and call their agent and schedule an annual review and discuss the coverages, changes and other protections that are available.

Here at CWI Underwriters we’ll be happy to take a look at your current policy at no charge.

Apr 13, 2011

A Taste of History

 

I attended a wine tasting class at Total Wine in Pembroke Pines and I had an excellent experience. The class was presented in an excellent environment, the instructor was a wealth of knowledge about wine  history, making process and types of wines. We visited the wines of South America; wines from Chile and Argentina were featured. The wines from Chile were the best. Chile, the Sauvignon Blanc from Veranda  is the best I ever tried, it’s rated at 91 points. Chile has a great history; they imported their vineyards’ from Italy and France. Chilean millionaires went to France and imported many vines and they started to produce good wine since the weather is similar to the one in France and Italy. By the 1800 a plague came and completely devastated the vineyards in France and Italy leaving these two countries without their number one industry. Thanks to the Chileans, France and Italy were able to bring back vineyards and those are the ones that are producing the wine in those countries today.

Even when you have the best we should always share it with others.

 

Total Wine & More – Pembroke Pines

 

Apr 8, 2011

Recession Cause Spike in Insurance Fraud…and Policy Premiums

A recent study conducted by the National Insurance Crime Bureau has reported that from 2009 to 2010 there had been an increase of 17% in questionable auto claims, topping ’10 with 8,724. The total number increased topped to 41% in 2009 and decreased back to 35% in 2010.

Hillsborough, Broward, and Dade counties are the most affected areas in the state of Florida with fraud claims.

This could lead to higher premiums for honest policyholders.

Check out CWI Underwriters Facebook and follow us on Twitter

Apr 7, 2011

Google To Be Next Social Media Giant?

The collection of hats that Google owns continues to grow and expand day after day. It has been rumored since mid last year that Google had a Facebook comeback in the works. Well “Circles”, as its been rumored to be named, is planned to come out sometime this year. Basically the idea behind it is having a “circle” or “group” of people.

I’ll explain. You just got back from vacation and want to share your pictures with your people. So you start to share it from your closest “circle” and work your way out. First circle: family, second circle: extended family, third circle: coworkers, etc. So now, in contrast to specifically choosing between friends or public, you can choose who is in what circle and who you are more closely connected to.  Personally, Google is probably the only contender to stand up to the king of social networking that is Facebook.

For those who have Gmail and even those who don’t just take a peek at the Google Dashboard. It’s standard of every Google account and just on this one page you can optionally connect to other profiles, readers, Google Talk, Buzz, and many other widgets. You basically have a (early version) Facebook, Nook/Kindle, Skype, and Digg in one page at one simple glance. Google even released news on their own version of the “like” button simply called “+1”.

MySpace started the craze, Facebook revolutionized it, and now Google has given shape to the world’s expanding social network.

Check out CWI Underwriters Facebook and follow us on Twitter

Feb 25, 2011

Progressive launches Pay-as-you-drive insurance

Progressive is Florida’s fourth largest auto insurer and they have just rolled out a program that provides discounts to eligible customers who allow the insurance company to track how much they drive. Click on the link below to read the full article on how this new insurance will work..

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2011/02/payasyoudrive_insurance_launch.html

Feb 24, 2011

Man’s best friend… Not Insurance Companies Best Friend…

Although dogs are a man’s best friend…. dog bite victim statistics are high… Around five million people are bitten every year by dogs, and injuries by dogs are the 5th most frequent cause of visits to the emergency room. Obviously some dog breeds are more dangerous than others, and that is why most homeowners companies have an unacceptable breed list. Some of the breeds that are not accepted by most of the companies are: Akita, Chow Chow, Doberman Pinscher, German Shepherd , Pit Bull, Presa Canario, Rottweiler, etc…

Some homeowners insurance companies do offer an extra coverage that can be added to the policy… an Animal Liability Endorsement where you can purchase some extra coverage in the case that your dog does bite someone.

Here at CWI Underwriters we do write with companies that have the option to add the Animal Liability. Please give us a call so we can review your policy & possibly save you some money while giving you some extra coverage.

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