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Latest Articles
Homeowners accuse Texas windstorm insurer of secretly reducing claims
53+ min ago (622+ words) A new lawsuit accuses the Texas Windstorm Insurance Association and several outside adjusting firms of orchestrating a racketeering scheme that allegedly reduced Hurricane Beryl insurance payouts. The plaintiffs, who seek class-action status, allege that TWIA and the adjusting firms secretly…...
Still insured for the home you had two years ago?
2+ day, 18+ hour ago (481+ words) Sponsored Things to do Load-shedding schedules pinned to the fridge. A new washing machine bought on a Black Friday deal. A garage converted into a home office somewhere between one lockdown and the next. None of it feels like the…...
‘You’re at the mercy of insurance companies,’ says St. Catharines, Ont., homeowner impacted by floods | CBC Embedded-Only
3+ hour, 8+ min ago (757+ words) It’s been over two weeks since a cleanup crew from Terry Davison’s insurance company came to his St. Catharines, Ont., home to itemize and seal his sewage-contaminated belongings damaged by flooding and sewer backup in July. After that initial storm,…...
Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, roofer and more
8+ hour, 9+ min ago (388+ words) RockRose Risk's pitch to homeowners associations and hotel owners in fire country has always been the same: harden your property, document it, and the brokerage will push carriers to reflect that work in your premium. The three-year-old company now wants…...
Intact Insurance launches miniature disaster videos
8+ hour, 19+ min ago (303+ words) Intact Insurance has launched a social media video series built around a handcrafted, 1:12 scale miniature house subjected to five extreme weather perils: wildfire, flooding, hail, wind and snow. "For many homeowners, the risks of extreme weather can feel abstract," said…...
Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, the roofer and the
8+ hour, 29+ min ago (388+ words) RockRose Risk's pitch to homeowners associations and hotel owners in fire country has always been the same: harden your property, document it, and the brokerage will push carriers to reflect that work in your premium. The three-year-old company now wants…...
Seven in 10 UK flood claims are flash floods - and treating all the same is how insurers misprice it
5+ hour, 5+ min ago (500+ words) The Met Office issued yellow thunderstorm warnings across northern England, Northern Ireland and eastern Scotland this week, warning of flash flooding and travel disruption after nearly two months of dry weather. The timing lines up closely with new claims analysis…...
Louisiana's insurance mess costs our citizens plenty
7+ hour, 5+ min ago (402+ words) Like most of you, I’ve had my fill of political ads and trial lawyer solicitations that seem to be constantly appearing on TV. But you know what bothers me even more? I’m sick of seeing that goofy commercial of some…...
Illinois homeowner says storm insurance payout covers only a quarter of repair estimate
8+ hour, 19+ min ago (381+ words) An Illinois homeowner shared that after summer storm damage left their roof, soffit, siding, and gutters badly damaged, their insurance payout is falling far short of repair estimates. The dispute reflects a growing anxiety for homeowners about whether insurance still…...
How can Albertans protect homes amidst rising insurance costs?
12+ hour, 7+ min ago (122+ words) CBC How can Albertans protect homes amidst rising insurance costs? With the Insurance Bureau of Canada warning homeowners they're not immune to insurance hikes amid increasing extreme weather events like hail storms, people are looking for options to reduce costs....