vacant property News

Insurers Sue Landowners in Oregon Fire

Insurance companies that paid $1.7 million to six homeowners in a fire blamed on a homeless Ashland, Ore., man have sued the owners of a vacant property where the fire started. The suit alleges the owners had been told vagrants …

Theft & Vandalism Claims Have Carriers on Edge in Vacant Property Segment

Insurers are restricting the availability of theft and vandalism coverage in the vacant property insurance market, where there is still plenty of available business. Vacant property provided a boost for some insurers looking for additional income to pad their books …