As more homeowners are having trouble selling their homes in today’s real estate market, some are thinking about becoming landlords. A growing number of homeowners who need to relocate for a job or other reason are renting out their homes …
During the recently completed 81st Legislative Session, the Texas legislature adopted the most significant reforms to the Texas Windstorm Insurance Association (TWIA) since 1997 with the passage of House Bill 4409 (HB 4409). This legislative reform was forced upon legislators …
Louisiana’s Jefferson Parish now has $7.2 million with which to raise 40 homes out of the danger of floods. The money was awarded to the parish by the Federal Emergency Management Agency and the Louisiana Recovery Authority. Officials say the …
The U.S. House of Representatives passed the National Flood Insurance Program (NFIP) Extension Act of 2009, H.R. 3139, which extends the program until March 31, 2010. The NFIP is currently set to expire on September 30, 2009. Earlier this year, …
Washington bills that establish legal protections for consumers in the wake of future disasters went into effect this week. The flood insurance and states of emergency bills (Senate Bill 5417 and House Bill 1566) require insurers to tell consumers that …
Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost four years after the fact, those courts remain flooded (pun intended) with lawsuits between insurers …
Too High a Cost “In terms of lives and of dollars, the cost of repealing Missouri’s helmet law simply would have been too high.” —Missouri Gov. Jay Nixon, who vetoed legislation that would have relaxed a law that requires motorcyclists …
Farmers Farmers Insurance Group of Companies will build two new buildings and add an estimated 1,600 new jobs at its location in Caledonia, Mich. The company said the development is attributable in part to an attractive incentives package offered by …
Patterson Launch “Floridians deserve to have a choice in this election. With me, they’ll get someone who has spent a lifetime educating and advocating for consumers, and someone who understands that we can’t just sit idly by while our state …
Temporary Fix “This extension is just a temporary fix, but it is a significant and welcome development for millions of homeowners and small businesses who count on the National Flood Insurance Program for protection in the event of flooding. —Charles …
