February 7, 2012
A Vermont fire chief says there’s been an increase in chimney fires because of the warmer weather. Townshend Fire Chief Doug Winot says two fires over the weekend were apparently caused by clogged chimneys. He tells the Brattleboro Reformer that …
January 25, 2012
Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. According to the state insurance department, Northbrook, Ill.-based Allstate wants an average 11.3 percent increase for 71,000 homeowners covered by …
January 23, 2012
The city council in Minot, N.D., has approved a plan that could result in the acquisition of more than 270 properties for future flood protection measures. The voluntary program calls for negotiations to begin with willing landowners, with a goal …
January 11, 2012
New York financial regulators are reportedly investigating several major banks to find out whether they fraudulently steered homeowners into more expensive home insurance. According to The New York Times, the office of Benjamin Lawsky, the superintendent of New York State’s …
January 9, 2012
Fresh data shows Louisiana’s insurer of last resort keeps churning away on getting private insurers to pick up policyholders, a problem largely stemming from the 2005 hurricanes. For policyholders of Louisiana Citizens Property Insurance Corp., the wait to go private …
December 19, 2011
An 83-year-old woman in Michigan says she won’t suffer silently after an insurance company raised her bill from $585 to $4,092. Alice LaDuke lately has been standing outside the home office of Auto-Owners Insurance in Delta Township, near Lansing, wearing …
December 19, 2011
A U.S. senator is enlisting the help of Pennsylvania insurance commissioner to help protect the Keystone State’s homeowners from sinkhole damages. In a letter to Pennsylvania Insurance Commissioner Michael Consedine, U.S. Senator Bob Casey (D-Penn.) asked that all new homeowners …
December 9, 2011
Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent. State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into effect with new …
December 2, 2011
A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas. State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible. The Dallas Morning …
November 22, 2011
Florida has a new player in the insurance market for high-value homes and inland marine policies. Universal Insurance Holdings Inc. recently announced that its wholly-owned subsidiary, American Platinum Property and Casualty Insurance Corp., had issued its first Florida homeowners’ policy. …