Louisiana lawmakers passed several bills last legislative session in response to insurers’ handling of recent natural disasters, five of which went into effect Jan. 1, 2023. The legislation resulted from a shaken homeowners insurance market that experienced eight insurers leave …
Although the majority of homeowners purchase insurance for their home, when it comes to renters, only 65 percent have renters insurance, according to a poll conducted for the Insurance Information Institute (I.I.I.). The number of renters is steadily increasing. According …
Catastrophe modeling firm AIR Worldwide estimates that insured losses from Sandy to onshore properties in the U.S. will be between $7 and$15 billion. AIR estimates include wind and storm surge damage to onshore residential, commercial and industrial properties and their …
Gary Bonnette had traveled with his wife Cynthia and son Aaron to San Antonio to visit family members when he got a phone call saying his home was threatened by a huge wildfire. Neighbors say smoke was pouring over the …