News

Homeowners Dodge Sandy Deductibles, Face Other Costs

When the National Hurricane Center declared Sandy a "post-tropical storm" just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money. The governors of these states have told insurance companies that because the storm was not classified as a hurricane, the insurers can't enforce costly hurricane deductibles on storm-related claims.

UK Police Might Sell New Scotland Yard Headquarters

London's cash-strapped police force may sell its New Scotland Yard headquarters as part of plans to save 500 million pounds ($800 million).

Home Prices Climb Further in August

Home prices gained further traction in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday.