A New Jersey couple whose beach house was destroyed by a storm 50 years ago has finally been awarded compensation for it, but may appeal the award. Barely two years after Edward and Nancy Klumpp built their beach house in …
Citing fourth quarter losses in Florida of $19 million, Mercury General said it would begin the process of withdrawing from the state’s homeowners insurance market. The company said it will send the mandatory 180-day advance notice of its intent not …
Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought under control. The Senate Banking …
