homeowner nonrenewals News

Denial of House Fire Claim Upheld. Insureds Never Knew Their Policy Was Nonrenewed.

A Connecticut Appeals Court has affirmed that an insurer is not obligated to provide actual notice of a home insurance nonrenewal; proof that the insurer sent the notice by registered or certified mail is sufficient. The homeowners claimed they never …

Insurer CEO Warns Limits on Cancellations Will Deter Carriers From Florida Market

The head of two property insurance companies set to enter the Florida market this year is warning state lawmakers that bills that would limit some policy cancellations and nonrenewals after storm damage could do more harm than good. “It absolutely …