IFAwebnews » homeowners insurance

Homeowners’ insurance premiums taking 19% more from wallets

IFAwebnews Staff — Wed, 16 May 2012 12:15:40 +0000

Homeowners' insurance policy premiums, on average, rose 19% between January and December 2011, according to the 2011 HomeInsurance.com RateReport.

Homeowners’ insurance premiums taking 19% more from wallets via IFAwebnews.

N.Y. insurance regulators probing insurer-bank-broker relationships

Jaime L. Brockway — Wed, 11 Apr 2012 12:04:20 +0000

The New York Department of Financial Services is requiring the largest force-placed insurers in the state to give details on their expenses, claims payments and profits to determine the validity of their homeowners insurance rates.

N.Y. insurance regulators probing insurer-bank-broker relationships via IFAwebnews.

Md. bill would forbid insurers from ‘force bundling’ policies

IFAwebnews Staff — Mon, 02 Apr 2012 17:16:48 +0000

A proposed bill before the Maryland General Assembly would prevent insurance companies from practicing “forced bundling” was unanimously passed in the House last week and had its first hearing in the Senate March 29.

Md. bill would forbid insurers from ‘force bundling’ policies via IFAwebnews.

La. ‘unprecedented’ infrastructure investment helps woo PURE

Bob Graham — Fri, 30 Dec 2011 10:20:20 +0000

A White Plains, N.Y.-based in property-casualty insurer said it is expanding its coverage to owners of “well-built, high value homes” in Louisiana.

La. ‘unprecedented’ infrastructure investment helps woo PURE via IFAwebnews.

Two Florida home insurers ink deal on 79,000 policies

IFAwebnews Staff — Tue, 08 Nov 2011 13:15:21 +0000

Homeowners Choice, a Florida-based insurance holding company, said its wholly owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Co., acquired the Florida policies of HomeWise Insurance Co.

Two Florida home insurers ink deal on 79,000 policies via IFAwebnews.

Insurance agents could feel East Coast earthquake’s shock waves

Bob Graham — Tue, 23 Aug 2011 19:36:30 +0000

Ryan Erdman, an insurance agent at TAMRAC Insurance Group in Hunt Valley, Md., has never sold coverage for an earthquake – yet.

Insurance agents could feel East Coast earthquake’s shock waves via IFAwebnews.

Sinkhole fraud forcing insurers to pay for repairs directly

IFAwebnews Staff — Fri, 19 Aug 2011 22:46:18 +0000

Insurance companies have begun changing how they handle payment for sinkholes in response to widespread defrauding through misuse of funds, according to an Internet insurance rate service.

Sinkhole fraud forcing insurers to pay for repairs directly via IFAwebnews.

Independent insurance agency to N.J., Pa., N.Y. launches new website

IFAwebnews Staff — Tue, 05 Jul 2011 13:09:34 +0000

Florham Park, N.J.-based ADP Statewide Insurance has launched a new website at www.adpinsurance.com.

Independent insurance agency to N.J., Pa., N.Y. launches new website via IFAwebnews.

Tornadoes’ toll is non-renewal of 73,000 Alfa policies in Alabama

IFAwebnews Staff — Wed, 08 Jun 2011 11:36:26 +0000

Alfa Insurance, a Montgomery, Ala.-based insurer, is dropping about 73,000 property insurance policies, mostly rental properties, across Alabama in response to the losses it suffered in the April 27 tornadoes.

Tornadoes’ toll is non-renewal of 73,000 Alfa policies in Alabama via IFAwebnews.

R.I. disc jockey, politician linked to insurance fraud at home

IFAwebnews Staff — Thu, 02 Jun 2011 15:40:09 +0000

A Rhode Island radio personality and a a former town council president are expected to admit this week to their roles in an insurance fraud scheme involving damage to a home and pool, according to media reports.

R.I. disc jockey, politician linked to insurance fraud at home via IFAwebnews.