homeowners insurance News

CEA Unveils Homeowners Choice Earthquake Coverage Product Line

As of July 1, 2012, the California Earthquake Authority (CEA) is offering its new Homeowners Choice product line. The new product will give residents greater control over their earthquake insurance premium and the ability to select (or decline) coverage of …

BB&T Adds Flood Insurance to Online Offerings

BB&T Insurance Services has added flood insurance to its suite of online products. Flooding is the number one natural disaster in the United States, yet most homeowners do not have flood insurance protection for their homes and personal possessions. Experts …

Improved Ratings in Louisiana Fire Districts Expeted to Lower Insurance Rates

Homeowners in Gross Tete and Rosedale, La., can expect to see a dramatic drop in their fire insurance rates. Commissioner of Insurance Jim Donelon tells The Advocate the rate decreases, effective July 9, have been made possible because of fire …

N.J. Woman Hit With Ball Sues Little League Player

A New Jersey woman who was struck in the face with a baseball at a Little League game is suing the young catcher who threw it. Elizabeth Lloyd is seeking more than $150,000 in damages to cover medical costs stemming …

Sinkhole Threatening Homes in Tampa Bay Area

A giant sinkhole swallowed the back half of a Tampa Bay area home and is threatening nearby homes. Homeowner Susan Minutillo says she returned from running errands Wednesday afternoon to find half of her house destroyed. The Tampa Bay Times …

Chubb Expands Wildfire Defense Services in Texas

The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record. The free loss-prevention service is now available to Chubb homeowner …

Storms Increase Insurance Costs In Cheyenne Area

Severe weather including hailstorms is driving up the cost of homeowners insurance in Wyoming’s Cheyenne area. James Mitchell with the Wyoming Insurance Department says many Wyoming property owners are set to see higher premiums if they haven’t already. He says …

Oklahoma Commissioner: Improve Fire Department Ratings, Lower Premiums

Oklahoma Insurance Commissioner John D. Doak has detailed a plan to improve the ratings of Oklahoma fire departments and reduce home insurance rates. Speaking at the Oklahoma State Firefighters Association (OSFA) Convention, Doak said the Oklahoma Insurance Department (OID) will …

Maine Man Sentenced for Insurance Theft

A Maine man recently convicted of federal gun charges has pleaded no contest in state court to insurance fraud charges for burning down his house.Joseph T. Smith of Township 6 pleaded no contest last week to a charge of theft …

Judge Orders Iowa Contractor to Repay Customers

A Polk County, Iowa, judge ordered a West Des Moines contracting company to reimburse dozens of customers more than $160,000, barred the company and its owners from future residential contracting business, and restricted their commercial contracting business, after Attorney General …