A pair of Florida-based insurance providers have teamed up to create a new “affordable” insurance program aimed at homeowners in the hurricane-prone state, but there’s a catch: It is limited only to buyers of newly built homes.Security First Insurance and Embark MGA unveiled...
Sen. Danny Burgess has filed legislation that would require homeowners policy insurers to give ratepayers better notification of policy cancellation, nonrenewal or rate changes.
The bill (SB 128) would require 45 days’ written notice, mailed to the policyholder’s last known address. The bill would...
Like the rest of the country, California is grappling with more intense and frequent extreme weather — and the fallout of skyrocketing insurance premiums and lost coverage. However, an insurance startup is taking a chance on homeowners in high-risk areas, and its AI-driven...
South County Fire has maintained a Protection Class 3 rating by the Washington Surveying and Rating Bureau (WSRB). The rating, among the top 15% in the state, applies to communities served by South County Fire including Brier, Edmonds, Lynnwood, Mill Creek, Mountlake Terrace...
"Driven by a desire to maximize profits, property casualty insurance companies, including, have engaged in a troubling trend of dropping California homeowners' insurance policies like flies," lawyers for Maria Badin, a 31- year homeowner in the San Diego County community of Poway,...
A Southern California homeowner is suing Liberty Mutual Insurance Co. for canceling her longstanding insurance policy, accusing the company of dropping her for bogus reasons. In the proposed class-action lawsuit, Maria Badin said she had been a Liberty Mutual customer since 1993,...
