Replacement Costs News

Don’t Count on Home Insurance to Cover Cost of Rebuilding: Viewpoint

Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …

Chubb Survey: Attic Storage Can Cause Homeowner Grief, Hazards

Homeowners who don’t pay attention to what’s going on in their attics can face costly damage that can spread throughout their entire home, warns a new survey sponsored by the Chubb Group of Insurance Companies. According to the survey of …

Appellate Court Dismisses Challenge To CDI Replacement Costs Regulation

The California Court of Appeal summarily dismissed a legal challenge by the Association of California Insurance Companies and the Personal Insurance Federation of California to homeowner protection regulations adopted by the California Department of Insurance last summer. The case now …

Replacement Costs Battle on the Road to Somewhere

Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance. That upbeat attitude is because a court of appeals accepted …