INSURASALES

Tag: Homeowners Insurance

Fifth Circuit Reinstates Coverage Despite Controlled-Substance Exclusion in Homeowners Policy

Fifth Circuit Reinstates Coverage Despite Controlled-Substance Exclusion in Homeowners Policy

The Fifth Circuit revives homeowners policy coverage by rejecting insurer's controlled-substance exclusion in a catastrophic injury case, emphasizing causation's role.

State Farm Faces Multi-Billion Dollar Lawsuit Over Oklahoma Homeowners Insurance Claims

State Farm Faces Multi-Billion Dollar Lawsuit Over Oklahoma Homeowners Insurance Claims

State Farm is involved in ongoing lawsuits alleging a multi-billion dollar scheme in Oklahoma homeowners insurance claims, raising regulatory and compliance issues.

California Court Overturns Homeowner Insurance Mandate - Key Implications

Discover the California court's ruling on homeowner insurance mandates and its implications for the insurance industry in high-risk areas. Stay informed!

Allstate & State Farm Face Home Insurance Rate Increases in Illinois

Discover how Allstate and State Farm are increasing home insurance rates in Illinois due to climate risks. Stay informed about your insurance rights!

Navigating Medical Aid in Dying and Insurance Regulation in Illinois

Explore the implications of MAID laws on insurance regulation in Illinois, balancing consumer protection and market stability in a changing healthcare landscape.

Louisiana Approves State Farm Auto Rate Cuts Amid Claims Frequency Drop

Louisiana approves a 5.9% State Farm auto insurance rate decrease driven by fewer claims, while homeowners insurance rates rise 9.7%. Industry surveys point to labor rate reductions in collision repairs.

Georgia Expands Insurance Cancellation Notice and Introduces Catastrophe Savings Accounts

Georgia law extends insurance cancellation notice from 30 to 60 days and launches catastrophe savings accounts to help homeowners manage storm damage and insurance costs.

State Farm Approved for Louisiana Auto Rate Decrease and Homeowners Increase

Louisiana Insurance Commissioner approves State Farm's 5.9% auto insurance rate decrease and 9.7% homeowners insurance increase, highlighting shifts in loss experience and hurricane risk modeling.

White Mountains Sells Controlling Interest in Bamboo MG Agent for $1.75B

White Mountains completes $1.75 billion sale of controlling interest in Bamboo insurance platform to CVC Capital Partners, retaining a 15% stake. Bamboo expands in U.S. homeowners insurance market.

Farmers Insurance Lifts Policy Caps, Expands California Homeowners Coverage

Farmers Insurance removes policy caps in California, expands homeowners coverage while seeking 6.99% rate hike under Sustainable Insurance Strategy to stabilize market.