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‘’ 2012 ‘’ November

Archive for November, 2012

Kingsway forms new homeowners insurance company in Louisiana

Kingsway forms new homeowners insurance company in LouisianaNews from Insurance Business Review: IBR Staff Writer Published 30 November 2012 Kingsway has successfully completed its startup of new property and casualty insurance company, Maison Insurance, in Louisiana. On behalf of Kingsway, Maison will write wind and hail homeowners coverage in the state after it received certificate [...]

Homeowner’s Insurance Costs Skyrocket in Parts of the Upstate

Homeowner’s Insurance Costs Skyrocket in Parts of the UpstateNews from News Channel 7: Dede Kinderman’s family is on a tight budget. “We are like everybody else we watch every penny,” Kinderman said. Which is why Kinderman is hoping for some relief when it comes to her homeowner’s insurance. Kinderman was shocked to find out her [...]

Kingsway Announces Startup of Louisiana Homeowners Insurance Company

Kingsway Announces Startup of Louisiana Homeowners Insurance CompanyNews from Sacramento Bee: TORONTO, Nov. 29, 2012 – /PRNewswire/ – (TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. (“Kingsway” or the “Company”) announced today that the Company has completed its formation of Maison Insurance Company (“Maison”), a property and casualty insurance company primarily writing wind and hail homeowners coverage [...]

Homeowners insurance in Colorado among 10 most expensive states

Homeowners insurance in Colorado among 10 most expensive statesNews from Live Insurance News: According to recently released homeowners insurance news data, Colorado is now among the top ten states with the highest claims payouts resulting from catastrophes and natural disasters. This news was based on information from an analysis performed by the Insurance Research Council [...]

Floods in Britain highlight insurance dispute

Floods in Britain highlight insurance disputeNews from U.S. News & World Report: By DANICA KIRKA, Associated Press LONDON (AP) — Lynne Jones’ cozy bed and breakfast in Britain’s Lake District boasts views over the River Greta where heron come to feed, and a panoramic vista of Skiddaw mountain. Jones says her B&B has another virtue: [...]

Wildfires, Hail Take Toll On Colorado Home Insurance

Wildfires, Hail Take Toll On Colorado Home InsuranceNews from Insurance Journal: Colorado now ranks among the top 10 for the highest share of homeowners insurance claims paid out due to catastrophes. The Insurance Research Council says catastrophes triggered only 26 percent of the claims made on homeowner policies from 1997 to 2006. The council says [...]

Homeowners Insurance in Colo. Rising Due to Catastrophes

Homeowners Insurance in Colo. Rising Due to CatastrophesNews from KREX News Channel 5: Story Created: Nov 26, 2012 at 7:39 PM MST Story Updated: Nov 26, 2012 at 7:39 PM MST GRAND JUNCTION, Colo.. Homeowners in Colorado have seen big increases in their premiums in the past few years. Now, our state ranks among the [...]

Colorado in top 10 for the highest share of homeowners insurance claims due to …

Colorado in top 10 for the highest share of homeowners insurance claims due to …News from The Republic: DENVER — Colorado now ranks among the top 10 states for the highest share of homeowners insurance claims paid out due to catastrophes. An Insurance Research Council analysis says from 1997 to 2006, catastrophes triggered 26 percent [...]

Costly insurance under fireBanks under fire for prices, terms of forced insurance

Costly insurance under fireBanks under fire for prices, terms of forced insuranceNews from Palm Beach Post: An insurance controversy affecting hundreds of thousands of people in Florida and other states never touched Laura Digan’s world — until a $ 23,287.54 bill rocked it. The “force placed” homeowners insurance imposed by her mortgage company after a [...]

After Sandy damage, insurance adjusters may bring more bad news

After Sandy damage, insurance adjusters may bring more bad newsNews from Chicago Tribune: (Reuters) – After another day of pumping out their swampy, moldy houses, neighbors in Breezy Point in New York City huddled at the quaint generator-powered firehouse Wednesday night, stamping their feet to stay warm. Neighbors picked at food from tin cans and [...]

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