A group of San Antonio, Texas-area homeowners is so frustrated with the deterioration of their new homes they’ve held an open house for elected officials and others to try to bring attention to the problems. Residents of the Fairhaven subdivision …
A Barton County, Mo., judge has placed a group of three small insurance companies into receivership, after claims from the Joplin tornado left the group insolvent. John M. Huff, director of the Missouri Department of Insurance, was named as receiver …
Some North Carolina residents who insure their residences through Allstate are finding themselves dropped by the company for refusing to bundle their home and auto coverage. Allstate Insurance Co. has informed 45,000 homeowners that it will non-renew their homeowner’s policy …
Federal officials are telling hundreds of property owners across the Phoenix metro area they live in a designated flood plain that could force them to purchase costly flood insurance. Maricopa County officials say parts of the west side, Chandler, Gilbert …
A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into foreclosure. Against what it called “the backdrop …
President Barack Obama endorsed key elements of a U.S. flood insurance reform bill passed by the House in the tax and deficit plan he unveiled Monday, even as the reform has stalled in the Senate without a clear path forward. …
The special legislative session that Gov. Robert Bentley has promised on the affordability and availability of homeowners insurance could come in early 2012. The governor and the chairman of his insurance commission said a special session is possible in January …
Among homeowners insurance policyholders, those with flood insurance tend to be significantly less satisfied with their policy coverage, compared with policyholders who opt not to carry it, according to the J.D. Power and Associates 2011 U.S. National Homeowners Insurance Study(SM) …
New Zealand’s government said Thursday that it will offer to pay thousands of homeowners to leave areas of the country’s second-largest city that were hardest hit by recent earthquakes. Christchurch was struck by a magnitude-7.1 earthquake in September and a …
Hundreds of Florida homeowners suffering with tainted Chinese drywall will share $55 million in a deal that also accuses a global drywall maker of lying about the product’s safety, according to court documents. The settlement will be funded by Banner …