property insurance

Insurance claims for water damages surge as older homes spring leaks

Insurance claims for water damages surge as older homes spring leaks

American homeowners increasingly file Insurance claims for water damage from interior leaks. Aging valves and pipes and other culprits...

Insurance claims for water damages surge as older homes spring leaks
Hurricane Michael is a new test of Florida’s odd property insurance market

Hurricane Michael is a new test of Florida’s odd property insurance market

Hurricane Michael’s damage to property in the Florida’s Panhandle region on Wednesday will provide a fresh test of the...

Hurricane Michael is a new test of Florida’s odd property insurance market
Ramrod Key (Photo Credit: Joe Raedle)

Hurricane Irma damage now estimated at up to $65B: report

UPDATED Sept. 19, 5:55 p.m.: Property damage from Hurricane Irma is now estimated to reach $42.5 billion to $65...

Hurricane Irma damage now estimated at up to $65B: report
Ramrod Key (Photo Credit: Joe Raedle)

Hurricane Irma claims filed in Florida already reach $2B

Just one week after Hurricane Irma’s rampage through Florida, storm-related insurance claims filed already reach an estimated $2 billion...

Hurricane Irma claims filed in Florida already reach $2B
Hurricane Irma might have caused $40B of insured industry losses in the U.S.

Hurricane Irma might have caused $40B of insured industry losses in the U.S.

Hurricane Irma may have caused up to $40 billion worth of insured industry losses in the United States, according to...

Hurricane Irma might have caused $40B of insured industry losses in the U.S.
Florida Insurance Commissioner David Altmaier

New rules may limit assignment of property insurance benefits to contractors

Florida Insurance Commissioner David Altmaier may take regulatory action to limit abuses when home owners pay for repair work...

New rules may limit assignment of property insurance benefits to contractors
Hurricane Hermine

Fitch: Hermine’s impact on insurers will be ‘modest’

Debt ratings agency Fitch Ratings forecast that damage done by Hurricane Hermine will have a “modest” effect on property...

Fitch: Hermine’s impact on insurers will be ‘modest’
Water-damage insurance for homes over 40 scarcer

Water-damage insurance for homes over 40 scarcer

A property insurer based in Deerfield Beach joined others around Florida that exclude water damage from coverage of homes over 40...

Water-damage insurance for homes over 40 scarcer
When is defective construction covered damage?

Courts may alter liability for construction defects

Two recent court decisions appear to expand property insurance coverage for defective construction work. The U.S. Court of Appeals for...

Courts may alter liability for construction defects
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