Posted in Home Insurance
May 18th, 2012
No Comments
Force-placed insurance is set to be examined by the Department of Financial Services, according to its superintendent Benjamin Lawsky. 
Posted in Home Insurance
May 4th, 2012
No Comments
Allstate Insurance announced some time ago that it planned to take a number of steps to raise the home insurance rates of its customers. Now, company executives say they believe other major insurers plan to follow its lead by increasing their own customers’ premiums. 
Posted in Home Insurance
May 2nd, 2012
No Comments

Florida Governor Rick Scott has made no secret of his agenda to make changes to and possibly get rid of Citizens Insurance, which is a homeowners insurance company owned by the state. 
Posted in Home Insurance
April 24th, 2012
No Comments
As a homeowner, there’s no worse feeling than having your home burglarized. Just knowing someone invaded your personal space and cost you possibly hundreds, or even thousands of dollars in repairs and losses can be very hurtful. 
Posted in Home Insurance
April 6th, 2012
No Comments
New York’s insurance regulator is investigating the relationship between high force-placed insurancerates charged by banks and the displacement of homeowners required to pay them. To get more information on this form of homeowners insurance, the regulator is seeking the assistance of insurance companies like Assurant Inc. 
Posted in Home Insurance
April 4th, 2012
No Comments
Customers who filed homeowner insurance claims after the record-breaking storms of 2011 are said to be happier with their insurance companies, according to a new report from J.D. Power and Associates. 
Posted in Home Insurance
March 16th, 2012
No Comments
Various insurance departments around the country, as well as the Federal Emergency Management Agency (FEMA), are encouraging consumers to purchase flood insurance in early spring. Since the risk of severe flooding increases during warmer months, the time to purchase flood coverage is now. 
Posted in Home Insurance
March 12th, 2012
No Comments
Homeowners insurance rates are expected to climb considerably in 2012 after years of steady increases, according to the Insurance Information Institute. The agency said that premiums of major insurance companies like Allstate and others will likely rise above the national average premium of $1,000 for the first time in history. 
Posted in Home Insurance
March 9th, 2012
No Comments
Fannie Mae recently announced plans to place restrictions on banks that use force-placed insurance as a way to earn additional income from homeowners. The use of this form of homeowners insurance has come under fire in recent months after revealing that banks were charging significantly higher rates and hurting homeowners in the process. 
Posted in Home Insurance
March 7th, 2012
No Comments
Insurance claims from winter tornadoes that slammed several states in the Midwest and Southern regions last week are expected to reach as much as $2 billion, according to a report released by risk-modeling firm Eqecat Inc. In the wake of the massive devastation caused by the storms, it’s important for those with homeowners insurance to understand the process of filing home insurance claims. 