As residents of New York and New Jersey struggle to recover from Hurricane Sandy’s deadly trip through the Northeast, it may be a while before the total dollar loss is known.
Calling it an unfair trade practice, state insurance consumer advocate Robin Smith Westcott wants an investigation to the practice of insurance companies canceling homeowner’s policies or denying claims based on their credit information.
As residents in the northeast U.S. begin to assess the damage left by Hurricane Sandy, early estimates are putting the costs at upwards of $20 billion.
Thousand of South Florida homeowners insured by the state-run Citizens’ Property Insurance have gotten a letter from them recently that said they’re coverage had been chosen to be transferred to a private company if they fail to send in a form on time giving them the choice of opting out of the transfer and keeping their existing coverage.
Thousand of South Florida homeowners insured by the state-run Citizens’ Property Insurance have gotten a letter from them recently that said they’ve been dropped because they didn’t send in a form or time or encouraging them to go with insurance company that they’ve never heard of.
Homeowners with Citizens Property Insurance will see their rates increase in 2013 after the rate hike was approved Tuesday by the Florida Office of Insurance Regulations.
Citizens’ Insurance customers in South Florida have a chance to have their voices heard about a proposal to raise rates.
Tropical Storm Isaac is churning towards South Florida and if you haven’t already done it, check your homeowners insurance and hurricane coverage before a moratorium is put in place halting any changes.
If you use a certain insurer for your homeowner’s policy, you might soon be saving a lot of money.
Florida legislators created Citizens Insurance a decade ago to take on homes other insurance companies wouldn’t touch. They became the largest insurer of homes in Florida and now the company is trying to change that.