homeowners insurance News

Containment on Massive California Wildfire Increases

Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation orders affecting 10,000 homes were lifted …

PCI Urges California Governor to Sign Insurance Bill on the Sharing Economy

The Property Casualty Association is urging California’s governor to sign a bill approved by the Legislature to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what insurance coverage they have. Senate …

Universal Property & Casualty Expands Into Alabama Homeowners Market

Universal Insurance Holdings, Inc. has been approved by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC). The company reported that UPCIC has subsequently written its first …

Central California Blaze Considered Most Destructive in County History

A California wildfire that killed two people and destroyed 200 homes in the southern Sierra Nevada burned away from neighborhoods this week, clearing the way for some residents to return to homes that survived the savage flames. The fire grew …

Firefighters Advance on California Blaze That’s Destroyed 200 Homes

Fire crews are making inroads against a raging wildfire in central California that has claimed two lives and destroyed 200 homes. Roughly 2,000 firefighters were battling the blaze, according to officials. Federal fire officials said Sunday evening that containment on …

Allstate Returns to California Homeowners Market With 12.6 Percent Reduction

Allstate Insurance returned to the California homeowners insurance market this week following a nine-year absence writing new policies. Insurance Commissioner Dave Jones welcomed Allstate, which entered into an agreement with the commissioner to reduce its homeowner insurance rates by an …

Oregon Homeonwers of Lot with Falling Tree Sued by Husband of Dead Woman

The husband of a Portland, Ore. woman killed when a tree slammed into their house has filed a wrongful death lawsuit against the owners of the home next door. The lawsuit states that Dennis Elleson feared the Douglas fir would …

Delaware Judge Says State Farm Off the Hook in Paintball Injury Suit

Be careful with that thing. It could put someone’s eye out. That’s the upshot from a Sussex County, Delaware, judge’s ruling that State Farm doesn’t have to indemnify a policyholder in a paintball injury lawsuit. The June 7 ruling involves …

Texas to Hold Hearing on Mandatory Mediation-Arbitration Endorsements

At least one insurer in Texas has filed to add an endorsement to the homeowners policy that would require mandatory mediation-arbitration in claim disputes. The endorsement would be attached to a homeowners policy at the policyholder’s option, with a premium …

Chubb Offers Cyber Bullying Cover for Canadian Homeowner Clients

Chubb has added cyber bullying coverage to its Canadian Masterpiece Family Protection policy to help cover clients and their families from the expenses associated with a cyber bullying incident. Chubb’s cyber bullying coverage provides up to $60,000 in compensation to clients and …