May 20, 2019
A ban on “whole home” short-term vacation rentals in residential areas of tourism-dependent New Orleans has won unanimous backing from the City Council. It was a preliminary vote. A final one is expected in 90 days. But the council made …
April 24, 2019
A U.S. Court of Appeals for the 10th District this week ruled that a Wyoming man convicted of a 2014 murder was not an insured “resident” under his mother’s homeowners insurance policy, and it turns out that finding doesn’t favor …
April 22, 2019
The Honolulu City Council has advanced two bills aimed at providing regulations on short-term vacation rentals on Oahu. Both bills now go back to the Council Planning Committee, as interim Council Chairwoman Ann Kobayashi proposes a new draft of Bill …
April 12, 2019
Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …
March 20, 2019
After only a year into his job as CEO and president of the Insurance Institute for Business and Home Safety, Roy Wright is setting the place on fire. The IBHS conducted a demonstration in early March simulating an active wildfire …
March 19, 2019
A tornado that ripped roofs from buildings and injured five people in a tiny New Mexico town left a trail of debris, authorities reported. The tornado touched down outside of Dexter last week on Tuesday evening before quickly barreling into …
March 14, 2019
Airbnb Inc. and Expedia Group Inc.’s HomeAway failed to persuade a U.S. court of appeals to strike down a Santa Monica law that makes the companies liable for illicit rentals in the Southern California beach city. The ruling Wednesday by …
March 11, 2019
Connecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners. Michael Marglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company, said it is good news …
March 1, 2019
A Northern California river flooded 2,000 homes, businesses and other buildings and left two communities virtual islands after days of stormy weather, officials said Wednesday. The towns of Guerneville and Monte Rio were hardest hit by water pouring from the …
February 26, 2019
FedNat Holding Co. has agreed to purchase substantially all of 1347 Property Insurance Holdings homeowners’ insurance operations, consisting of Maison Insurance Co., Maison Managers and ClaimCor in a 50/50 cash and stock transaction valued at approximately $51 million. In addition …