homeowners insurance News

Edison Insurance Launches Online Quoting System for Florida Homeowners Coverage

Edison Insurance Co. has launched an online quoting system that offers specific premium quotes for homeowners insurance coverage in Florida. According to Clint Strauch, Edison Insurance president and co-founder, Edison has developed a system that allows potential policyholders to obtain …

What Is My Home Worth?

This post is part of a series sponsored by CoreLogic.  “I’m paying $574,000 for this house, but it only needs to be insured for $225,000?” Agents often find themselves answering questions like this because consumers can be confused when it …

CEA Says It Could Pay All Claims if San Francisco 1906 Quake Hit Today

The California Earthquake Authority is taking the opportunity to tout its financial strength on the 110-Year anniversary of 1906 San Francisco Earthquake. CEA, a not-for-profit publicly managed organization that provides residential earthquake insurance, said it would be able pay all covered claims …

Outlook for Michigan Farm Bureau Group Revised to Positive

A.M. Best has revised the outlook to positive from stable and affirmed the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb+” of Farm Bureau Mutual Insurance Co. of Michigan and Farm Bureau General Insurance Co. of Michigan, which are …

Montana Man Sued for Wrongful Death after Shooting Home Intruder

Representatives of a man shot and killed after he broke into a Helena, Mont. home have filed a wrongful death lawsuit against the shooter. The Independent Record reported that the suit filed on behalf of the estate of Henry Thomas …

Top Homeowners Insurance Claims

Weather incidents account for more than half of all homeowners insurance claims, with wind, pipes freezing and bursting, roof and flashing leaks and ice dams among the major causes of home damage during weather events. Fire-related claims are the most …

Chubb Adds Cyber Bullying Insurance for U.S. Homeowners

Chubb has added cyber bullying coverage to its U.S. Masterpiece Family Protection policy to help cover clients and their families from the expenses associated with a cyber bullying incident. According to Christie Alderman, vice president, Client Product & Service, Chubb …

Universal Insurance Subsidiary Writes First Homeowners Policy in Michigan

Universal Insurance Holdings Inc. subsidiary, Universal Property & Casualty Insurance Co. (UPCIC), has written its first homeowners insurance policy in Michigan, the company announced. The initial policy was written after Michigan Department of Insurance and Financial Services approved UPCIC’s homeowners …

Universal Property & Casualty’s Expansion Continues With License in N.Y.

Universal Insurance Holdings Inc., an insurance holding company based in Fort Lauderdale, Florida, announced that its subsidiary Universal Property & Casualty Insurance Company (UPCIC) has been approved by the New York State Department of Financial Services as a licensed insurance …

Washington Officials Say 26 Homes in Chelan County at Risk of Landslide

Emergency management officials in Washington say a neighborhood of 26 homes near Wenatchee is at imminent risk for a landslide. The Chelan County Sheriff’s Office said Thursday the slope between 4900 and 5200 Whispering Ridge Road has been determined to …