dwelling News

North Carolina Rate Bureau Seeks 18.9% Average Rate Hike on Dwelling Policies

The North Carolina Rate Bureau (NCRB) has requested a statewide average rate increase of 18.9 percent, varying by territory, on dwelling insurance policies, according to a statement from the North Carolina Department of Insurance. The dwelling insurance rate filing was …

Texas High Court Sides with Policyholder in Ike-Damaged Property Case

When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …