wind coverage News

CoreLogic Report: ‘Windy City’ Not the Windiest City

Jackson, Miss., is the windiest city in America, according to catastrophe modeling firm CoreLogic’s just released rankings of the windiest cities in the country. The CoreLogic Windy City Ranking report, which provides a national ranking of the nation’s windiest cities, …

All Risks Launches Wind Program for Occupied Dwellings, Vacant Buildings

QuickIns, a division of All Risks, Ltd., has launched a new non-admitted wind market on its online and phone quoting platform, QuickIns.com, for tenant occupied dwellings and vacant buildings. This A.M. Best A-rated carrier offers property and liability coverage (monoline …

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 …

ISO Enhances Wind Rating Program for Underwriting, Pricing Wind Exposure

ISO has launched its Enhanced Wind Rating Program, a commercial property rating program designed specifically to address the wind peril. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics. The Enhanced Wind Rating Program provides a …

Mississippi Law Calling for Hurricane Mitigation Credits Takes Effect

Mississippi residents along the state’s coastline who are building new homes or chose to strengthen their current homes against hurricane damage can now qualify for premium credits from their property insurer. Under a new law that took effect last month, …

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. …

More Strong Winds May Cause Damage In Southern California on Tuesday

The National Weather Service is issuing a continued strongwind advisory for Southern California though the afternoon on Tuesday, with winds coming from the northeast at 20 to 30 mph with gusts up to 50 mph. The winds were expected to …

Contractor Scams Emerge Amid Utah Windstorm Damage

Utah state officials are warning of scams after getting reports of unlicensed contractors trying capitalize on damage from last week’s wind storm. Utah Department of Commerce Chief Francine Giani says the contractors have been canvassing neighborhoods and businesses in the …

North Carolina Beach Plan to Retrieve Surplus Returned to Insurers

North Carolina Insurance Commissioner Wayne Goodwin has announced a settlement agreement that calls for the North Carolina Insurance Underwriting Association, known as the Beach Plan, to reverse the more than $16 million it made to member companies in 2009. The …