homeowners insurance News

Chubb to Adjust Underwriting in Northeast Post-Sandy

The Chubb Corp., which posted Superstorm Sandy-related pre-tax costs of $882 million in its latest earnings report, said there would be some adjustments to underwriting and pricing in the Northeast region going forward. Dino Robusto, president of personal lines and …

N.Y. Attorney General Offers Grants to Legal Groups Helping Sandy Victims

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 …

Severe Weather Awareness Week to Be Observed Feb. 4-8 in Georgia

Severe Weather Awareness Week in Georgia has been schedule for Feb. 4 – 8, and the state’s Insurance Commissioner Ralph Hudgens wants to remind homeowners of some important insurance tips to protect their property from tornadoes, flooding and other weather-related …

Nebraska Bicyclist Sues Homeowners over Crash on Trail

The past and current owners of a south Lincoln, Neb., home are being sued by a man who was hurt when he crashed his bike on a trail near the house in 2011. The Lincoln Journal Star reports that Christopher …

After Sandy, N.Y. Assembly Advances ‘Homeowners Bill of Rights’ Legislation

A leading New York lawmaker introduced two pieces of legislation this month to help homeowners better understand their insurance coverages and to tighten the timeframe requirements for insurers when responding to claims following catastrophes.Details of the proposed legislation are as …

N.J. Bill Would Require Homeowners Insurers to Provide Policy Summary

The New Jersey Assembly’s financial institutions and insurance committee gave approval Monday, Jan. 14, to a recently introduced bill that seeks to make it easier for homeowners to understand what their policy covers and does not cover. The bill, A3642, …

State Farm, Sandusky End Insurance Coverage Dispute

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 …

Utah Man Accused of Killing Officer Sues Insurer

An Ogden man accused of killing a police officer during a drug raid at his home is suing his insurance company over its rejection of his homeowner’s damage claim stemming from the shootout. Matthew Stewart, in his complaint filed Jan. …

Hanover Insurance Advises Homeowners to Watch Out for Ice Dams

As low temperatures sweep across the Northeast, ice dams increasingly are becoming a hazard for home and business owners alike.And with winter weather continuing, The Hanover Insurance Group Inc. in Worcester, Mass. is advising property owners to take action to …

For Returning Residents of Seaside Heights, N.J., ‘It’s Paradise, Being Home’

The utterly mundane task of bringing a garbage can back from the curb put a broad grin on Guy Mazzanti’s face Monday, Jan 7. Seaside Heights’ retired police commissioner had been living with a daughter in Maryland since Superstorm Sandy …