renters insurance News

MRI Software Acquires Ohio’s Multifamily Insurance Partners

MRI Software (MRI), a global provider of real estate software, has acquired Ohio-based Multifamily Insurance Partners, which provides resident insurance programs for the US multifamily rental market. The launch of MRI Multifamily Insurance gives property managers more choice when it …

Insurtech Root Expands Into Renters Market; Product Launched in 3 States

Root Insurance, a property casualty insurtech, has launched a streamlined renters insurance designed and personalized for consumers starting at $6 a month. In addition to covering customers’ personal property and liability from accidents, the new Root renters insurance product pays …

Benefitfocus Adds Toggle, a Renters Insurance Subscription Product from Farmers

Benefitfocus, a cloud-based benefits platform, has added Toggle, a Farmers company, is to its BenefitsPlace offering. BenefitsPlace allows employers, brokers and medical insurance carriers to offer specialty benefits products from more than 45 brands. The product catalog also gives consumer …

Iowa’s LMC Insurance Teams Up with Nationwide on Renters Insurance Program

LMC Insurance and Risk Management (LMC Insurance) in West Des Moines, Iowa, has partnered with Ohio-based Nationwide on a new renters insurance program. Called BluCanopy, the program is powered by Nationwide.com and makes it easy for people to get a …

Poll Shows Renters Are Confused About Security and Insurance Coverage

Renters are not taking enough precautions to protect their property and valuables and may actually be alerting would-be burglars that their homes are unoccupied, a new survey finds. While fewer home renters (41%) posted news of their vacation on social …

Date on Bike Receipt Outs Washington Woman’s Insurance Fraud

The fine details on a receipt for a mountain bike tripped up a would-be fraudster. Kristin Wright, of Everett, Wash., pleaded guilty in Snohomish County Superior Court to a gross misdemeanor count of filing a false insurance claim on her …

American Traditions Insurance Launches Renters Policy in Florida

American Traditions Insurance Co. (ATIC) has launched a renters (HO4) product in the Florida marketplace. The HO4 product will be available through independent agents currently participating with the carrier. The renters program expands the company’s suite of insurance products that …

I’m moving. What happens if my stuff gets damaged?

It’s moving week. That’s right. We are taking on the monumental task of moving our home. This isn’t new to my family. My wife and I have been married over 25 years and haven’t lived in one house for longer …

Pennsylvania Man Charged with Filing Fraudulent Insurance Claims in New Jersey

A Pennsylvania man has been charged with filing nearly $50,000 in fraudulent insurance claims for items allegedly lost or stolen while he was traveling around the country. Robert Cirino of Reading, Penn., was indicted on charges of second-degree insurance fraud …

Lemonade OK’d to Offer Insurance in Arkansas

Insurtech company, Lemonade, has received a Certificate of Authority to do business in Arkansas. Lemonade Insurance Co. has been approved to sell property, casualty and marine products in Arkansas with an initial limit to renters insurance. A New York-domiciled property/casualty …