New Orleans area deserves better insurance options, prices as hurricane season begins, officials say
New Orleans area deserves better insurance options, prices as hurricane season begins, officials say

Clad in hard hats and sturdy shoes, about 20 insurance executives from around the country tromped through the new state-of-the art concrete flood defenses fortifying the New Orleans area to decide for themselves whether the region is safer — and more insurable — than it…
Allstate faces whistle-blower suit
Allstate faces whistle-blower suit

Another whistle-blower lawsuit alleges fraudulent handling of federal flood claims after Hurricane Katrina.The case, filed against Allstate, has just been unsealed in Louisiana’s Eastern District. (H/T to slabbed) Policyholder attorney Johnny Denenea filed the lawsuit back in May 2007. He amended it in November 2009,…
Mississippi Courtroom Site For Post-Katrina Insurance Showdown; Does Insurance Industry Need Reform?; Natural Gas Leak Dangers; Restoring New Orleans Homes A Monumental Task
Mississippi Courtroom Site For Post-Katrina Insurance Showdown; Does Insurance Industry Need Reform?; Natural Gas Leak Dangers; Restoring New Orleans Homes A Monumental Task

GERRI WILLIS, CNN ANCHOR: A Mississippi lawsuit rocks the insurance world and could impact your policy. Avoid a deadly natural gas leak and exactly how to avoid danger and return home safely after a severe storm. Good morning, everyone. I’m Gerri Willis and this is…
What you need to know if your insurance company isn’t renewing your policy
What you need to know if your insurance company isn’t renewing your policy

NEW YORK CNNMoney.com) – Hurricane season will be here before we know it. And insurance companies have already been hedging their bets – canceling and not renewing policies in places like Florida, New York, Texas and Louisiana. If you’re getting left high and dry by…
Insurance covers less this time
Insurance covers less this time

Policies scaled back after Katrina If Hurricane Gustav hits Louisiana, homeowners will discover that they have less insurance coverage than they did during Hurricanes Katrina and Rita, and they’ll be reaching into their own pockets to cover damage. In the past three years, the use…
Mother Nature vs. Your Home–Do You Really Need Disaster Insurance
Mother Nature vs. Your Home–Do You Really Need Disaster Insurance
From Risk to Opportunity: Insurer Responses to Climate Change
From Risk to Opportunity: Insurer Responses to Climate Change
States Shed Reinsurance and ‘Run Naked’ Through Storm Risks
States Shed Reinsurance and ‘Run Naked’ Through Storm Risks
State Farm to pull out of Florida homeowners market
State Farm to pull out of Florida homeowners market
Insured Losses from Hanna Expected to be Low
Insured Losses from Hanna Expected to be Low
Insurers Criticized For New Rate Models
Insurers Criticized For New Rate Models
Residual market insurers under financial stress: Insurance Information Institute
Residual market insurers under financial stress: Insurance Information Institute
Most homes still underinsured for hurricanes
Most homes still underinsured for hurricanes

MSB, the leading provider of building cost data to the property insurance industry just released its findings for current estimates of homeowner insurance coverage across the United States MSB’s research reveals an estimated 64 percent of U.S. homes are undervalued for the purpose of insurance…
Appeal would reveal claims denied
Appeal would reveal claims denied

A Coast policyholder is appealing to the state Supreme Court for access to Mississippi Insurance Department records that would show the dollar amount of Katrina claims denied by insurance companies. Long Beach policyholder Kevin Buckel filed a written request in January 2009 for records showing…
Hundreds of insurance lawsuits still pending in MS. at 4th anniversary of Katrina
Hundreds of insurance lawsuits still pending in MS. at 4th anniversary of Katrina

OCEAN SPRINGS — It was just another in the rush of federal suits against Mississippi insurers last August, just before the three-year statute of limitations after Hurricane Katrina expired. Except it wasn’t. Without a lawyer, then-77-year-old Maralou Richards of Ocean Springs filed a handwritten complaint…
New company could help Allstate keep agents and other business
New company could help Allstate keep agents and other business

Besides giving Allstate Corp. more control over prices, North Light Specialty Insurance Co. could help the parent company retain its agents and other insurance business. Unlike an independent insurance agent, who can sell policies from a number of different companies, Allstate employs what are called…
Natural Disaster Insurance: Do You Need It?
Natural Disaster Insurance: Do You Need It?

With the news media filled with stories lately about natural disasters like earthquakes, hurricanes and wildfires, many consumers may be wondering when to purchase additional insurance to protect their homes from Mother Nature. My husband and I certainly have been concerned with the topic since…
Insurers should pay for their own mistakes
Insurers should pay for their own mistakes

Consumer Watchdogs Want Insurers To Rein In Surge Costs NU Online News Service, April 22, 8:52 a.m. EDT Consumer watchdogs are urging a closer look at insurers’ estimation of post-catastrophe material and labor price increases, citing a study questioning demand surge figures used to set…