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‘’ 2014 ‘’ February

Archive for February, 2014

Commissioners oppose homeowners insurance rate increase

Commissioners oppose homeowners insurance rate increaseNews from Morganton News Herald: The Burke County Board of Commissioners passed a resolution Tuesday opposing a proposed homeowners insurance rate increase by the N.C. Rate Bureau. On Jan. 3, the Bureau submitted a homeowners’ insurance rate increase filing to the N.C. Department of Insurance. The Bureau, which is not [...]

Capito meets homeowners on flood insurance

Capito meets homeowners on flood insuranceNews from Charleston Gazette: Rep. Shelley Moore Capito, R-W.Va., met with homeowners, insurance representatives and bankers Friday to talk about possible fixes to the Biggert-Waters Flood Insurance Act passed by Congress in 2012. CHARLESTON, W.Va. — Rep. Shelley Moore Capito, R-W.Va., met with homeowners, insurance representatives and bankers Friday to [...]

Officials: 22 charged in South Fla.home insurance fraud ring involving staged …

Officials: 22 charged in South Fla.home insurance fraud ring involving staged …News from Fox News: MIAMI –  A major fraud ring that staged fires and floods at South Florida homes to collect millions of dollars in claims from insurance companies has been broken up with charges against 22 people, authorities said Tuesday. The alleged ringleader, [...]

Pamlico opposes homeowner insurance rate hikes

Pamlico opposes homeowner insurance rate hikesNews from New Bern Sun Journal: BAYBORO — Pamlico County commissioners added their names to the list of coastal boards that have gone on the record to oppose a requested rate hike for homeowners insurance. The resolution of opposition passed unanimously earlier this week, at the request of Commissioner Kenny [...]

Ohio homeowners insurance customers are paying less

Ohio homeowners insurance customers are paying lessNews from Live Insurance News: According to a recent announcement made by Mary Taylor, the Lieutenant Governor and Department of Insurance Director, the average Ohio homeowners insurance policy is costing residents of the state notably less than the average resident of the majority of other locations across the country. [...]

Arrests Made In Home Insurance Fraud Ring

Arrests Made In Home Insurance Fraud RingNews from CBS Local: MIAMI (CBSMiami) — Nearly two dozen people have been arrested after the state went after a major home insurance fraud ring operating in South Florida. At a news conference Tuesday afternoon, Miami-Dade State Attorney Katherine Fernandez Rundle and state Chief Financial Officer Jeff Atwater said [...]

Investigation

InvestigationNews from Homeowner’s insurance rates on rise – FOX 4 News: Dallas/Fort Worth – Texas homeowners need to brace themselves — insurance rates are going up, and not just for the major players. More than 100 companies filed for increases in 2013, and it is more than just the increase that has some fuming — [...]

LePage administration: Maine has lowest auto, homeowners insurance rates in …

LePage administration: Maine has lowest auto, homeowners insurance rates in …News from The Republic: AUGUSTA, Maine — Republican Gov. Paul LePage’s administration says Maine’s auto and homeowners insurance rates are the lowest in New England and among the lowest in the country. The Maine Bureau of Insurance is pointing to recently released reports from the [...]

Changes planned to lower homeowner insurance rates in Jacksonville

Changes planned to lower homeowner insurance rates in JacksonvilleNews from Anniston Star: JACKSONVILLE — The Jacksonville Fire Department is planning to make changes that may improve its fire protection classification and drive down some residents’ insurance rates. What’s at stake is the department’s Insurance Services Office rating, a figure that helps determine how much money [...]

Insurance updates in Raleigh, Washington hit home in Eastern NC

Insurance updates in Raleigh, Washington hit home in Eastern NCNews from Jacksonville Daily News: As Eastern North Carolina homeowners await news about one possible hike in insurance rates, there was some positive news this week for those fearing drastic increases on another insurance front. The U.S. Senate on Thursday approved the Homeowner Flood Insurance Affordability [...]

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