HARTFORD, Conn. — Connecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners. Michael Marglaras, superintendent of the Connecticut Foundation Solutions Indemnity Co., said it …
Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe’s largest insurers said. “If you go much further to 2020, 2030, we can …
Donald Trump said he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach, but The Associated Press found little evidence of such large-scale damage. Two years after a series of …
The state’s Insurance Division issued a statement this week advising Big Island residents that the Hawaii Property Insurance Association (HPIA) is now accepting all new business applications and coverage increase requests. “This is an opportunity to safeguard against unexpected property …
As we move further into the New Year, when most people typically begin to let their resolutions slide, the federal government is still working on promises made at the end of 2013—to fix, or at least improve, issues with the …
e|djuster Inc. welcomed Paul Burger as its new director of Business Development for its USA division. Burger brings with him over 21 years of property/casualty sales experience, which he will use to lead the U.S. market sales effort and business …
New Jersey is on the verge of approving more controlled burns of underbrush on forest floors. The goal is to prevent major forest fires and help ecosystems that depend on fire as part of the natural cycle. Lawmakers passed a …
The top New York court says property insurance against vandalism includes coverage for malicious damage that isn’t specifically aimed at the insured property. The ruling comes from a claim by Georgitsi Realty, owner of a four-story apartment building in Brooklyn, …
Commercial insurance buyers face improved market conditions in 2014, due in part to declining rates in the property insurance line and an easing of recent upward pressure on rates in many other lines of insurance coverage, according to Willis, a …
Florida District Courts of Appeal recently have been very busy with cases involving the “prompt notice” provision in property insurance policies. When an insurer proves that the insured’s notice was late, courts will apply a presumption that the delay prejudiced …