Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. A recent Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of homeowners are concerned about protecting their homes, …
A Vermont couple who reached a $450,000 settlement with the state after saying their home was made uninhabitable when it was sprayed for bed bugs with a banned pesticide is now suing their insurance company. Neil and Patricia Whitney of …
HomeServe USA‘s subsidiary Home Emergency Insurance Solutions (HEIS), is relaunching its optional Water Service Line Insurance plans as home protection plans to more than 425,000 households across the state of California. A mailing outlining the new benefits of the Plans …
Fireman’s Fund has secured HMI as one of its Prestige Advisory Services vendors. HMI manages a national network of credentialed tree care companies representing more than 2,500 tree crews and 1,500 certified arborists. HMI provides a new inspection service that …
Several days of heavy rains caused flooding that damaged hundreds of homes in southwestern Wisconsin, and officials in some communities were preparing for more flooding as rivers rose. Storms pounded the southern part of the state early on June 26 …
The New York State Assembly’s insurance committee on Thursday approved a bill that would prohibit the insurers’ use of anti-concurrent causation (ACC) clauses in the state. The bill, A07455, is now eligible to be voted on by the entire Assembly. …
More than 4,000 home and auto claims have been filed as a result of the recent spate of tornadoes in Oklahoma. That number is expected to rise, according to Oklahoma Insurance Commissioner John D. Doak. Doak has previously said that …
A New York State Assemblyman has introduced a bill that seeks to prohibit the insurers’ use of anti-concurrent causation (ACC) clauses in the state. The bill, A07455, was introduced on May 17 by Assemblyman Phil Goldfeder (D-Rockaway Park). “In the …
Maryland has enacted a new law requiring insurers that write homeowners policies in the state with anti-concurrent causation clauses to explain these clauses to their policyholders on an annual basis. Maryland Gov. Martin O’Malley signed into law H.B. 695 (“Homeowner’s …
New York Gov. Andrew Cuomo and the state’s Department of Financial Services announced the “bottom 10” banks with the worst statistics for paying out insurance claims to Superstorm Sandy victims. Officials said they have notified these banks to speed up …
