Blog - CMC Advisors Inc.

Hurricane Season Is Here Again – Be Prepared

Wayne CitronAugust 13, 2018August 13, 2018

Are you prepared for the hurricane season? Officially hurricane season starts June 1 each year. The National Oceanic and Atmospheric Administration (NOAA) has predicted an average to above-average intensity hurricane season for 2018. This year, NOAA predicts 10 to 16 named storms in the Atlantic with winds of 39 miles per hour or higher. Of those storms, five to nine could become hurricanes. One to four could strengthen into major hurricanes (Category 3, 4, or 5) with winds over 110 miles per hour.

The Gulf Coast just experienced Tropical Storm Alberto, which though technically not a hurricane, still can cause significant damage. Consequently, Alabama and Mississippi declared states of emergency prior to Alberto’s arrival. Continue reading “Hurricane Season Is Here Again – Be Prepared” →

Are You Insured When Snow Damages Your Swimming Pool?

Wayne CitronMay 9, 2018August 13, 2018

Spring is here and summer is just around the corner. Thoughts of having friends and family over to enjoy the swimming pool come to mind. However, this year there were several winter snow storms. They’re commonly called nor’easters. The youngsters enjoyed the sled riding, the building of snowmen, and of course the closing of schools. Some adults enjoyed the closing of their businesses and/or their employers’. Was everyone happy? I was not, and I am sure my homeowner’s insurance company was not. Continue reading “Are You Insured When Snow Damages Your Swimming Pool?” →

Covered! The Boiler and Dinner Out

Wayne CitronApril 4, 2018August 13, 2018

Enjoying the comfort and warmth of my home abruptly ended as the heat stopped working. I double-checked the thermostat. It appeared to be working but the heat was only coming up intermittently. I called the plumbing company that recently installed a new thermostat. I suspected that this was the problem. It was not. Continue reading “Covered! The Boiler and Dinner Out” →

DO YOU NEED AN INSURANCE EXPERT?

Wayne CitronFebruary 5, 2018February 5, 2018

It’s a daunting decision, whether or not you need to pay for an insurance expert when you have an insurance claim. Typically, you would just contact your broker to handle things. And while this might be the right and necessary decision, your broker represents the insurance company. That means they work for them, not you. […]

WINTER AND FREEZING PIPES ARE HERE

Wayne CitronJanuary 15, 2018January 28, 2018

To start off the new year there was a winter snowstorm, a big, impressive one. In some places along the eastern seaboard, the conditions reached blizzard status and temperatures dropped for days on end. While youngsters enjoyed sled riding, building snow men and school closings, did adults share their enthusiasm? Shoveling sidewalks and driveways and […]

RETIREMENT – IRA

Wayne CitronDecember 26, 2017January 14, 2018

It’s the end of the year and you’re thinking about holidays – Chanukah dinner, Christmas celebrations, plans for New Year’s Eve – happy events all around. The family will gather, and merriment will ensue with gifts, great times, wonderful memories. Whether your plans include latkes and dreidels along with lighting the menorah or stocking stuffers […]

Who Pays Flood Insurance Adjusters?

Wayne CitronDecember 3, 2017December 3, 2017

On Quora, I saw a question regarding adjusters and how they earn their money. And so, I answered it. I’m happy to share the answer here and provide a little more information as well. States regulate insurance adjusting. Most states have a process for obtaining a claim adjuster’s license. But some states and the District of […]

ENJOY THE HOLIDAYS and AVOID TRAGEDY

Wayne CitronNovember 19, 2017

It’s that celebrating time of year again. And it sometimes feels like a non-stop adventure. Thanksgiving is a breath away, which leads us to the Christmas, Chanukah, and Kwanzaa celebrations. We wrap up the year with New Year’s Eve festivities and New Year’s Day brunch or dinner. Every family has its own traditions and cultural […]

Key Person Disability Insurance

Wayne CitronNovember 14, 2017

In a previous post, I wrote about the importance of life insurance on a key person, key man or key woman. Disability insurance on a key person is also important to a company. The same parameters exist for who should have disability insurance as for who should have life insurance. The person in question could […]

HURRICANES HARVEY, IRMA & MARIA VS. FEMA & YOUR HOMEOWNER’S INSURANCE

Wayne CitronNovember 5, 2017November 6, 2017

A recent spate of powerful hurricanes brought death and devastation throughout the Caribbean, Puerto Rico, Texas, Florida, and other states along the gulf and up the coast. Hurricanes Harvey, Irma, Jose, and Maria have caused unprecedented devastation of levels never before seen in an area larger than the state of New Jersey. They have caused […]