homeowners insurance News

AIG Sues Ex-U.Va. Lax Player Over Insurance Claim

A former University of Virginia lacrosse player convicted of killing his ex-girlfriend is being sued by American International Group Inc. over his refusal to answer questions from insurance investigators. In a court filing Monday, the company says George W. Huguely …

PIA: Agencies See Significant Underwriting Changes in Homeowners Market

The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast — with the homeowners insurance and commercial property market appearing to be most affected by the shift. More than 400 …

Maine Legislature Votes Down Vacant Property Insurance Bill

The Maine Legislature last week voted down a bill that sought to place stricter requirements on home insurers’ use of exclusions for losses on vacant homes. The bill LD 1413 (“An Act to Clarify Limitations on Homeowner’s Insurance Policies Regarding …

Mom, Daughter Charged With Arson, Insurance Fraud in Connecticut

A mother and daughter have been charged with setting a fire that heavily damaged the older woman’s home in Stratford, Conn. Police tell the Connecticut Post they became suspicious after finding valuables and all the food from the mother’s refrigerator …

Frontline Insurance Approved for Coastal Homeowners in Delaware

Frontline Insurance, a provider of coastal homeowners coverage, is now licensed in Delaware. Frontline already operates in Florida and South Carolina and recently announced a new coverage program for Alabama residents, including wind and flood all in one package. A …

Homeowners Confused About Insurance Coverage: Survey

Many homeowners do not understand what exposures are covered under their home insurance policy, according to a new consumer survey. More than two in five Americans (41 percent) believe that a standard homeowner’s insurance policy protects against mold damage, according …

MetLife Auto & Home Expands Identity Protection Coverage

MetLife Auto & Home has enhanced its identity protection services to include assistance for digital threats, such as e-mail and social media compromise, as well as data breach victim assistance. The services are provided as part of the company’s identity …

Ongoing Dry Weather Raising New York Wildfire Danger

New York conservation officials say continuing dry weather has raised the danger of wildfires, advising rural and suburban residents that all residential brush burning is prohibited during the usually high fire risk period from March 16 through May 14. Department …

N.J. Law Requires Insurers to Provide 1-Page Summary of Homeowners Coverage

New Jersey Gov. Chris Christie has signed into law on Monday a bill that aims to help homeowners better understand their insurance policies. The legislation (A3642/S2502) requires homeowners’ insurers to give policyholders a one-page summary of the policy explaining “notable …

New Homeowners Insurance Program Available to Coastal Residents in Alabama

Frontline Homeowners Insurance, a coastal-focused insurer, is now offering wind and flood coverage to Alabama residents with coastal properties in Mobile and Baldwin Counties. Frontline Homeowners Insurance offers a contractors assist program as part of its coverage, which manages the …