homeowners insurance News

Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible

Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance policies by paying the actuarially needed difference in premium, if …

Over $2M for Recovered for Oklahoma Insurance Consumers So Far in 2014

The Oklahoma Insurance Department announced its Consumer Assistance Division has recovered $2,180,170 for Oklahoma consumers in the first half of 2014. Between Jan. 1 and June 30, the Consumer Assistance Division answered 13,127 phone calls, responded to over 300 emails …

State Farm Increases Hurricane Deductible in Louisiana to 5%

One month into the hurricane season, State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm spokesman Gary Stephenson tells The Advocate the hurricane deductible was included …

Home Emergency Insurance Solutions Relaunches Home Protection Plans in California

HomeServe USA’s subsidiary Home Emergency Insurance Solutions (HEIS), is relaunching its optional Water Service Line Insurance plans as home protection plans to more than 425,000 households across the state of California. A mailing outlining the new benefits of the Plans …

MAPFRE Insurance Enters Pennsylvania Auto, Home Insurance Market

MAPFRE Insurance has entered the Pennsylvania insurance market. MAPFRE’s operations in Pennsylvania will be headquartered in King of Prussia and the company will offer private passenger automobile and homeowners insurance to customers through its network of independent agents. MAPFRE’s launch …

Maine Residents Urged to Prepare for Severe Summer Weather

Maine officials are encouraging residents to protect their homes against severe summer weather. Maine Gov. Paul LePage and Bureau of Insurance Superintendent Eric Cioppa say that the beginning of the Atlantic hurricane season means that residents should be ready for …

Virginia Bureau of Insurance Offers Hurricane Preparedness Tips

Sunday, June 1, marked the official start of the 2014 Atlantic hurricane season, and Virginia’s Bureau of Insurance is encouraging consumers to ensure that they have the insurance coverage they need and to develop a plan to protect themselves physically …

Penn. Insurance Department Taking Steps to Assist Consumers After Hail Storm

Pennsylvania’s insurance department said last Friday it has taken steps to help consumers after a hail storm caused widespread damage in communities in eastern Pennsylvania. The department said it will allow out-of-state appraisers to be used to help speed property …

San Diego Fires Took More Than 40 Homes

Officials say at least 47 homes were destroyed during last week’s outbreak of nearly a dozen wildfires in San Diego County. State fire officials said Sunday at least 39 homes in the suburb of San Marcos were destroyed. Another eight …

Penn. Court: Homeowners’ Policy Doesn’t Cover Injury From Insured’s Prank

A Pennsylvania appeals court has affirmed this month that a homeowners’ insurer has no duty to defend or indemnify in an underlying case where the policyholder’s teenage son caused an injury to a friend during horseplay. The dispute involves American …