Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and Insurers. In last month’s column, we began our examination of hail and windstorm claims issues by focusing on the pervasive …
Minnesota homeowners insurance complaints rose 108% from 2020 to 2023 on complaints from homeowners concerned their claims were denied or they faced high out-of-pocket costs after damage from wind and hail, according to the Minnesota Department of Commerce. The DOC …
Connecticut officials have announced that several more insurance companies have agreed to waive higher-cost hurricane deductibles for coastal property owners whose homes were damaged by Tropical Storm Irene. Gov. Dannel P. Malloy and Insurance Commissioner Thomas B. Leonardi announced Tuesday …
Connecticut is negotiating with several insurance companies to waive hurricane policy deductibles for coastal homeowners whose properties were damaged or destroyed by Tropical Storm Irene, Gov. Dannel P. Malloy said Friday. More than 163,000 electric customers in the state remained …