Connecticut residents whose home foundations are crumbling are facing a perplexing problem with their insurance policies: The damage won’t be covered unless their homes collapse. More than two dozen insurance companies being sued in federal court by 40 homeowners recently …
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 …
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’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 …
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 …