homeowners insurance News

PURE Expands Coverage to High-Net Worth Individuals in Oklahoma

Privilege Underwriters Reciprocal Exchange, a policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, has announced that it will begin accepting new members (policyholders) in Oklahoma. PURE offers a suite of insurance products designed for successful …

Farmers Raises Rates in Alabama; Pulls Wind Coverage on Coastal Rental Policies

One of Alabama’s largest homeowners’ insurers is raising rates on property insurance by as much as 35 percent per policy while dropping some 2,900 rental properties along the state coastline as part of plan to shore up its financial resources. …

PURE to Offer Coverage to High-End Homeowners in Missouri

Privilege Underwriters Reciprocal Exchange, a policyholder-owned property/casualty insurer exclusively focused on high net worth individuals and families, has announced that it will begin accepting new members (policyholders) in Missouri. PURE offers a suite of insurance products designed for successful individuals …

American Family Insurance Launches Online Home Inventory Service

American Family Insurance has unveiled DreamVault, a home inventory application that’s free to everyone. DreamVault is available online at www.amfam.com and www.amfamlatino.com (Spanish version) and as an app for iPhone and Android users. “Whether you rent or own, it’s important …

HomeAway Launches Vacation Rental Properties Insurance Product

HomeAway, Inc., an online marketplace for vacation rentals, is now offering HomeAway Assure, a CBIZ Insurance Program product that is tailored specifically for vacation rental properties. The product features an online calculator that delivers a quote within five minutes. Provided …

Improved Fire Rating Expected to Lower Insurance Costs in Louisiana Town

Homeowners in Vinton, La., can expect lower insurance rates after the rating for the town’s fire department was raised. KPLC reports the Property Insurance Association of Louisiana raised the department’s rating to Class 3 from its previous Class 4 on …

N.Y. Gov. Cuomo Urges Homeowners to Protect Against Storm Losses‎

New York Gov. Andrew Cuomo is urging to take steps now to protect their homes in the event New York is hit by any of the nine to 15 storms the National Oceanic and Atmospheric Administration (NOAA) predicts for the …

Chartis Enhances, Expands Private Client Group’s Wildfire Protection Unit

Chartis has enhanced its Private Client Group division’s Wildfire Protection Unit, including geographic expansion and improved monitoring technologies. The Unit now is available to clients in the Texas cities of Austin, Dallas, Ft. Worth, Houston and San Antonio, plus more …

Homeowners’ Complaints About Bears Soaring Across Maine‎

Maine wildlife officials say the number of complaints about bears has more than doubled so far this year.Officials say between Jan. 1 and July 3, the Maine Warden Service had received 542 complaints from the public about bears.

Be on Lookout for Mold Damage After Storms, Maryland Regulator Advises

Damages from recent strong storms in the mid-Atlantic states could lead to even more damage down the road, with moisture and heat contributing to the growth of mold in homes and other buildings, according to insurance regulators.Maryland Insurance Commissioner Therese …