home repairs News

Investment Firm Brookfield to Buy UK Repair Site HomeServe for £4.1B

Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1 billion ($5 billion), one of the UK’s largest take-private transactions this year. Investors will get 1,200 pence for each …

Lake Charles, Louisiana Starts Program for 2020 Hurricane Home Repairs

Registration has started for a new program to help low- and moderate-income Lake Charles residents fix 2020 hurricane damage to their homes, and Mayor Nic Hunter says he expects it to fill up fast. “We’ve already had so many people …

What is the Underwriter Thinking?

Got a really interesting question this week. The essence of it is that the agent has a customer with a homeowners’ policy. The company is planning to renew coverage with the house on Actual Cash Value (ACV), rather than Replacement …

Lawsuit Advances Over Rotten Beams in Delaware Townhouses

A lawsuit against Delaware’s largest private landowner and other companies is moving forward, saying “systemic concealed defects” are threatening to collapse the terraces on 63 waterfront homes that were built in part with taxpayer dollars. The News Journal of Wilmington …

Experts Warn of Long Waits for Post-Hurricane Home Repairs

There will be plenty of large-scale reconstruction to do in the wake of Hurricane Matthew, which has been blamed for dozens of deaths since it made its first U.S. landfall Friday and is still causing catastrophic flooding throughout eastern North …