In the wake of a monumental move by six major insurance firms to become thrift institutions, speculation is rising what this will mean to the insurance industry as whole. The question is one of federal regulation and everyone is wondering how it will take shape if the applications are approved.

A simple act of neglect may be the reason for some renter’s lack of insurance to protect their valuables. An oversight of the necessity for protection in this day and age can result in losses of many of our most important possessions. The landlord usually doesn’t mention insurance or offer to insure the renter’s valuables so consequently, the renter is responsible for insuring his own apartment contents.