Significant increase in serious rent arrears
Posted on January 7th, 2012
Posted on January 04th 2012
Companies providing landlords insurance and other services to the residential lettings sector should take note of the latest warnings about tenant arrears.
Recent statistics published by specialist receiver company Templeton LPA show that tenant arrears have climbed significantly over the past year. For example, figures show that during the last quarter of 2011, the number of tenants more than two months in arrears had increased by almost 11,400 compared to the last quarter of 2010.
Although most renters pay on time, the increased incidence of serious rent arrears could mean that more landlords experience cash flow problems.
Tags: Arrears, Rent Arrears
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Workers’ compensation judgment against rapper Jay-Z to be vacated
Posted on January 5th, 2012
The rapper and hip hop mogul Jay-Z has been freed of an $18,000 workers compensation judgment in New York.
The New York Post reports that Shawn Carter, 42, Jay-Zs birth name, failed to pay workers compensation insurance between Sept. 30 and Dec. 30, 2009, for staff that worked at his office on Hudson Street in New York City.
A judgment was issued against him in November, 2011 after a complaint was filed in March 2011.
“After consulting with the employer’s insurer, the board expects this matter to be resolved in the next few days, resulting in the judgment being vacated,” Brian Keegan, a spokesman for the New York State’s Workers’ Compensation Board, told the newspaper Dec. 30, 2011.
Bottom-print car security
Posted on January 4th, 2012
Japanese scientists from Tokyo’s Advanced Institute of Industrial Technology have come up with an amusing idea that some drivers might not be so keen on for a variety of reasons.
Apparently our bottoms are as unique to us as our fingerprints, so naturally researchers have created a chair pressure sensor which scans the seated person’s behind in order to check who they are…
Using 360 sensors to make a 3D image of the – ehem – rear, the chair can identify the individual who is sat on it with 98% accuracy.
Apparently the scientists believe that the chair could replace the need to use computer passwords in offices and also render car keys obsolete as soon as 2014.
We have a few questions – what happens when you have something in your back pocket, or have gained or lost some weight? And more Read more…
The Greatest Harley Davidson Joke of All Time
Posted on January 2nd, 2012
A guy has a jonesing itch for a classic motorcycle.
He always wanted a big Harley, so he shops around, answering ads in the newspaper, having no luck.
One day he comes across a beautiful 1947 Knucklehead with a for sale sign on it. He checks it out, and its in mint condition. So he rings the bell and asks the owner the story. The guy comes out, kicks it over in one try, and it purrs like a kitten. Not an oil spot to be seen and not a breath of smoke around.
Ill take it, its cherry. But you gotta tell me how you kept it like this all these years.
Well, says the seller, Its pretty simple. Just make sure that if the bike is outside and its going to rain, you rub Vaseline on the chrome.
Tags: Harley, Harley Davidson
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Why Health Insurance Quotes Continued Rising In 2011
Posted on December 14th, 2011
There are several reasons why health insurance quotes continued to rise in 2011. The most common reason is the ongoing financial crisis, which continues to see increases in health care costs across the nation. Due to the economic crisis, several health insurance companies have lost a number of customers over the last two to three years. This is partially due to job losses, which make it difficult to keep up with monthly premium payments. In order to cover costs, several health insurance companies have raised premium rates by 5 to 15 percent. This helps offset the cost of extending existing coverage, as well as adding new coverage options and services.
Tags: 2011, Insurance Quotes, Insurance Quotes Continued, Quotes Continued
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Why you should have professional indemnity
Posted on December 7th, 2011
Professional indemnity is much bigger and more important than ever before. The large corporations around the world know this all too well. Just last year a woman who spilt coffee in her lap was awarded a large sum of money by the United States court system because it had burnt her. Obviously, I do not know all of the details, but what is easy to see is that the restaurant who was being sued had very little to do with the incident but was still held responsible. What would happen to your business if you were sued for over one million dollars today? Read more…