homeowners insurers News

Homeowner Insurers Limit Exposure as Quakes Soar in Oklahoma

As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has found. Nearly 3,000 pages …

Florida Homeowner Insurers Deluged by Assignment of Benefit Lawsuits

Although hurricane season has yet to cause havoc this year, 2015 has already been a brutal year for insurance companies which provide homeowners’ coverage in Florida. The problem for property insurers? No one is willing to take a firm position …

Florida Considers Insurer Stress Tests to Instill Public Confidence

Florida’s chief financial officer says creating a “stress test” will help instill public confidence in the smaller insurers that have come to dominate Florida’s homeowners’ insurance market. Jeff Atwater said Tuesday that creating a stress test whose results are made …

Alabama Warns Hundreds of Insurers to Register or Face Fine

Hundreds of property/casualty insurance companies have not registered with Alabama regulators as required, prompting the state insurance department to issue a warning and extend the registration deadline to March 31. The department is warning property/casualty insurers that they must all …