homeowners insurance News

Idaho Woman Wants Compensation from Insurer for Leveled Home

An Idaho woman rented her home to a man she thought had plans to buy it. He instead demolished it. Shammie Fisher is fighting in court to get compensation for her ruined Boise home. Idaho Supreme Court sided with Fisher …

California Department of Insurance and FAIR Plan Square off in Public Statements

The California Department of Insurance and the California FAIR Plan Association squared off in conflicting press releases on Thursday over a court decision that awarded a homeowner higher repair costs following a claim. The California Court of Appeal, First District …

State Farm Issues $13.3M in Refunds to California Policyholders

California Insurance Commissioner Dave Jones announced today that State Farm has issued refunds totaling $13.3 million for overcharged premiums to 241,356 California consumers in compliance with his rate reduction order after the carrier lost two court battles. The refunds are …

Idaho Flood Recovery Is Far From Over

Accustomed to drought, south-central Idaho was overwhelmed this winter by simply too much water. Snowstorms cloaked the mountains and valleys. The saturated ground froze, buckling asphalt. Then sudden runoff in February and March wrecked more roads and left people scrambling …

Florida Peninsula Insurance Launches Online Quoting for Homeowners Coverage

Florida Peninsula Insurance Company, a Florida homeowner insurance carrier, has launched a new online system offering homeowners insurance quotes to consumers. According to Clint Strauch, president of Florida Peninsula system allows Florida consumers to shop and compare coverage and price, …

Hippo Launches with Promise of 60-Second Homeowners Insurance Quote

An insuretech company launched in California today with the promise of providing online homeowners insurance quotes in 60 seconds in what the Mountain View, Calif.-based company is calling “the most fundamental redesign of home insurance in recent times.” Hippo Insurance …

Officials: Kansas Apartment Blaze Caused $23M to $25M in Damage

Officials in a Kansas City suburb where a fire destroyed a multimillion-dollar apartment building under construction and spread to about two dozen homes estimate the blaze caused between $23 million and $25 million in damage. The Kansas City Star reports …

Pennsylvania Insurance Commissioner Offers Advice for Winter Storm Damage

Pennsylvania Insurance Commissioner Teresa Miller is offering tips to consumers whose home or automobile may have sustained damage from this week’s winter storm, according to a press release issued by the Pennsylvania Department of Insurance. “Most standard homeowners’ insurance policies …

Homeowners Insurance Increase Denied by Delaware Insurance Commissioner

A request by Windsor-Mount Joy Mutual Insurance Company (WNMJ) to increase insurance rates on more than 2,000 manufactured housing policyholders in Delaware by 20%-30% has been denied by Delaware Insurance Commissioner Trinidad Navarro, according to a press release issued by …

Rutgers Law School Project Addresses ‘Use It And Lose It’ in Homeowners Insurance

A new report by the Rutgers Center for Risk and Responsibility at Rutgers Law School in Camden, N.J., in cooperation with United Policyholders, offers recommendations to state lawmakers in terms of how homeowners insurance claims are addressed by insurance companies …