property owners News

Berkshire Shows Unusual Risk Appetite in Wildfire Court Fight

Berkshire Hathaway Energy Co.’s PacifiCorp has been battered in an unprecedented court fight over the utility’s failure to prevent massive wildfire destruction in Oregon. The largest grid operator in the western US faces the risk that it will have to …

Iowa Judge Favors Property Owners in Pipeline Dispute

SPENCER, Iowa (AP) – Opponents of planned liquid carbon dioxide pipelines in the Midwest won a victory when an Iowa judge ruled that a state law that gives surveyors the right to enter private property is unconstitutional. In his ruling …

Suits Challenge Emissions by Georgia Sterilizing Company

ATLANTA — Homeowners in Georgia have filed a lawsuit over emissions of a chemical used by a company that sterilizes medical equipment. The Journal-Constitution reports that the attorney for the couple who filed the suit says it’s the first of …

Americans Are Paying $34 Billion Too Much for Houses in Flood Plains

At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research published today in a National Bureau of Economic Research working paper shows that markets fail to incorporate risks from flooding …

U.S. May Be on Hook for $1 Billion to Cover Harvey Damage

The U.S. government may be on the hook for as much as $1 billion after a federal judge found it responsible for the flooding of thousands of homes and businesses in Houston during Hurricane Harvey in 2017. U.S. District Judge …

Schedule It and The Best IRS Announce Partnership to Streamline Claims Management

Automated scheduling solutions improve claims process for property owners dealing with Hurricane Florence aftermath Elizabethtown, KY, October 10, 2018– Schedule It, the leader in insurance property claims inspection scheduling, and TheBestIRS, the leading insurance staffing and recruiting firm that provides …

Mississippi Property Owners Challenge Fire District Fees

The U.S. Supreme Court will consider May 15 whether to hear an appeal over whether a Mississippi fire protection district can charge a fee for its services to local property owners. Court officials say a decision could be announced shortly …

Lessons Learned: Unpredictable Windstorms Force Insurers and Property Owners to Prepare

When it comes to windstorms on a global scale, it’s been a mean and unpredictable season. If an insurer is focused on the quiet 2013 Hurricane season in the Atlantic and quietly celebrating the low claim volume, the carrier is …

Ann Arbor Issuing Tickets for Snowy Sidewalks

Snow-covered sidewalks in Ann Arbor are proving costly for property owners who allow the snow to pile up. City community standards officers have handed out 438 notices and ticketed 44 home and business owners for not shoveling snow from sidewalks …

Iowa City Work Prompts Lower Flood Insurance Rrates

Property owners in Iowa City’s 100-year flood plain will get a 15 percent discount on their flood insurance premiums thanks to work on a variety of flood-related projects. The Iowa City Press-Citizen reports the 15 percent discount is up from …