homeowners insurance claims News

Colorado Hailstorm Caused $213M in Insured Losses

Insurers say a Colorado hailstorm last month carried a hefty price tag. Insurance industry spokeswoman Carole Walker said Monday the Sept. 29 storm pounded thousands of vehicles and roofs, causing an estimated $213 million in insured losses. The damage includes …

Allstate Data Shows Hazards Hit Close to Home During Holiday Season

New insurance claims data from the Allstate Insurance Company shows an average of 67,500 homeowners insurance claims occur during the holidays, and some threats to home security and safety rise significantly during the holiday season. A new survey also highlights …

Wildfires, Hail Take Toll on Colorado Home Insurance

Colorado now ranks among the top 10 for the highest share of homeowners insurance claims paid out due to catastrophes. The Insurance Research Council says catastrophes triggered only 26 percent of the claims made on homeowner policies from 1997 to …

Insurers Begin to Process Isaac Claims

Insurance claims from Hurricane Isaac have begun to trickle in, with one estimate saying losses to insurers could total $1.2 billion. AIR Worldwide, which models losses for insurers, said its best estimate of losses was $1.2 billion. Insurers could have …