New York’s attorney general says a growing number of people are seeking legal assistance for battles with insurance companies over damage caused by Superstorm Sandy. Attorney General Eric Schneiderman said Wednesday that he is awarding $743,000 in grants to 18 …
State Farm Fire and Casualty Co. resolved its dispute against former Penn State assistant football coach Jerry Sandusky over the insurer’s homeowners coverage. At issue was whether State Farm would be obligated to pay for any defense costs or awards …
New York Gov. Andrew Cuomo announced Wednesday that major banks and mortgage servicers will take action to expedite insurance payments to New York homeowners in the wake of Superstorm Sandy. Currently, insurance claim checks must be endorsed by the banks …
New York Governor Andrew Cuomo on Thursday imposed emergency regulations on insurers to speed the processing of claims from hundreds of thousands of state residents whose properties were damaged or destroyed when Superstorm Sandy struck a month ago.Among the measures …
New York Gov. Andrew Cuomo said Monday, Nov. 5, that he is ordering insurance companies to ease rules on documenting Sandy-related damages during the claims filing procedure. The governor said that, at his direction, the Department of Financial Services is …
The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. A new Insurance Research Council (IRC) study of homeowners insurance …
The U.S. Supreme Court on Friday agreed to consider the constitutionality of a legal tactic that can make it harder for companies to defend against class-action lawsuits, in a case it will review in the term that starts on Oct. …
Gary Sweeny still gets choked up when thinking of all of his family and friends who helped him recover from the Bastrop, Texas, wildfire that destroyed his home of 35 years. The retired school teacher and his wife who still …
Following this past weekend’s storms, Maryland Insurance Commissioner Therese Goldsmith is advising homeowners to take steps to protect themselves financially.And while many consumers can resolve their property claims by dealing with their insurers and the assigned adjuster on their own, …
A slew of residents who lost their homes after a Navy jet crashed into their apartment complex began picking up government checks on Monday to help them pay for food, clothing and housing over the next two weeks as they …
