HomeInsurance

Insurance

Insurance – Auto – ‘Inherent diminished value’

Where a defendant insurance company denied a plaintiff’s claim for the “inherent diminished value” of a vehicle damaged in an accident, a judgment dismissing the plaintiff’s complaint should be affirmed despite his contention that IDV damages are recoverable under Massachusetts law. Affirmed. “Following Michael Merullo’s...

Bill Could Limit Treasury Unit’s Ability to Probe Insurers

H.R. 5535 H.R. 5535 would restrict federal agencies’ ability to ask insurers for information without eliminating all data calls. The bill would require federal agencies that want data to start by seeing if they could get the information from public sources, state insurance regulators or...

Should you take private insurers’ offers to leave Citizens Property Insurance?

Many Citizens Property Insurance customers are getting letters saying they've received an offer for coverage from a different private insurance company.It's part of a state solution to depopulate Citizens — the state-run insurer of last resort — from over 1.3 million policies it's...

SUNRISE SIDE BULLETIN BOARD – The Alpena News

ALPENA — The last Good Mid-Day Alpena will be Thursday, Oct. 5, with updates from the City of Alpena and sponsor, Accident Fund Insurance Company of ... Source link

Opinion | How Insurers Can Be Sentinels for Driver Health and Safety

For nearly 35 years, a small nonprofit organization in Washington, D.C. has been having an outsized impact on highway and auto safety. It is Advocates for Highway and Auto Safety and it is funded by a dozen or more property-casualty insurance companies; with...

Climate-fueled storms intensify insurance risk in Florida, drop home value

Climate-fueled disasters like Hurricane Ian are wreaking havoc on home values across the nation, but Florida’s messy insurance market makes it one of the most stressed, new research out of a nonprofit climate modeling group indicates.High insurance premiums and a state-backed requirement that...