homeowners insurance
AAIS Creates PUP Exclusion for Dogs
The American Association of Insurance Services, a national insurance advisory organization that develops standardized forms and provides the rating information used by more than six hundred property & casualty insurers, has announced the filing of three separate endorsements which allow insurance companies to exclude umbrella and personal liability coverage for damage or injury from dogs. […]
Read moreFriday Filmstrip: Homeowners Insurance and Pets
Most families own some kind of pet, but some homeowners insurance companies won’t cover you if your dog is considered a “dangerous” breed – Pit Bulls, Doberman Pinschers, Akitas, and Rottweillers are all among the breeds that may not be “insurable.” This week’s Friday Filmstrip discusses that issue:
Read moreTexas Increasing Insurance Requirements for Dangerous Pets
You might file this in the “only in Texas” category. Representative Harvey Hilderbran of Kerrville, TX, has filed legislation with his state that is meant to increase public safety and promote animal welfare by making the insurance and record-keeping requirements for privately-owned dangerous animals more stringent. By “dangerous animals” Hilderbran doesn’t mean vicious dogs, either, […]
Read moreFriday Filmstrips: Swimming Pool Liability
When you’re a homeowner with a swimming pool, having adequate liability insurance as part of your homeowners coverage is crucial, even in winter. Why? Just watch this video.
Read moreMercury General Leaving Florida
Mercury General has announced that it is beginning the process of leaving the Florida homeowners insurance market, citing it’s $19 million in losses in the fourth quarter of 2010 as the driving factor. According to the company, it will be sending the mandatory 180-day advanced notice of it’s “intent not to renew” policies for 8,000 […]
Read moreFebruary Winter Storm Losses May Be As Much as $1.4 Billion
It’s no surprise that much of the United States has been blanketed by snow this week. Even Texas was iced in most of the week, and suffering from severe power emergencies. What may be surprising, though, especially if you live in a state where a bit of snow is relatively normal, is that insurance companies […]
Read moreRate Watch: State Farm Requests 27.7% Rate Hike in Florida
The Florida Office of Insurance Regulation will be holding a public hearing on February 15th. Why? To discuss the latest rate filing from State Farm, which company is requesting an average increase of 27.7 percent statewide in homeowners insurance rates. The reason, they say, is to offset the rising costs of sinkhole claims. The request […]
Read moreOregon Re-Rating Law Working for Consumers
Thousands of residents of Oregon are happy about their lower insurance premiums, thanks to a year-old law about credit scoring, say the results of a survey by the Department of Consumer and Business Services (DCBS). The law allows policyholders to request that their insurance company re-rate or re-price their homeowners or auto insurance policy once […]
Read moreLawsuit May Halt Work on Louisiana Levees
Last week report: There is a lawsuit in process which may halt work to reinforce one of the New Orleans canals that broke during Hurricane Katrina in 2005. On January 5th, homeowners with backyards along the 17th Street Canal filed a civil suit in state court requesting that work be halted because they claim they […]
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