Although not nearly on the scale of Hurricanes Katrina and Rita in 2005, Hurricane Isaac caused a surprising amount of damage in Louisiana despite the fact that it was only a category 1 hurricane, the weakest category by which the …
The Virginia Supreme Court ruled Thursday that a homeowner’s insurance policy doesn’t cover damage caused by Chinese drywall. Richard Serpe, an attorney for the homeowner, said the unanimous ruling means hundreds of other Virginians whose homes and health were affected …
When the National Hurricane Center declared Sandy a “post-tropical storm” just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money. The governors of these states have …
Recent wildfires in Oklahoma have resulted in at least 340 insurance claims statewide, authorities say, but many victims don’t have homeowners insurance. The Oklahoma Insurance Department (OID) said it is working with other state agencies and charitable organizations to provide …
Consumer complaints against Michigan insurance companies are slightly down from the previous year. The Office of Financial and Insurance Regulation says in a statement that the agency received 3,441 insurance company-related consumer complaints in 2011, down from 3,645 in 2010. …
A commission put together by Gov. Robert Bentley has made its first recommendations about the availability and affordability of homeowners’ insurance. The Affordable Homeowners Insurance Commission decided Monday to back legislation that would create catastrophic savings accounts. These would give …
Some 9,000 Florida homeowners will have to seek coverage elsewhere after Argus Fire & Casualty Insurance agreed to cancel its policyholders after being taken over by the state. Argus Fire, a wholly-owned subsidiary of the Miami-based United Automobile Insurance Co., …
Alabama’s second largest insurer of homes, Alfa Insurance, said it will not renew policies on one out of every six homes it insures in Alabama. The company said it will send notices involving about 73,000 homes when they come up …
A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster this week said he found no exclusion in the Springfield, Ill.-based Teachers Insurance Co. …
Eleven percent of new homes built on brownfield land have suffered problems as a result of the land the property is built on, affecting a total of 74,000 homes in the last 10 years, according to a report by home …