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Insurance

Florida Division of Insurance Fraud Releases Statement

The Florida Department of Financial Services’ Division of Insurance Fraud on Thursday arrested three subjects on charges related to personal injury protection (PIP) fraud. Shortly after being taken into custody, one subject suffered a medical emergen…

DFS Mobile Command Center to Howard Beach and Rockaway Beach Sites to Deliver Foreclosure Prevention and Insurance Help to Homeowners

The Department of Financial Services (DFS) Mobile Command Center will be in two sites in Queens to provide foreclosure prevention assistance to financially struggling homeowners and help answer questions related to insurance issues. DFS representatives…

New Jersey Consumers to Receive Information Explaining and Summarizing Their Homeowners Insurance Policies

Department of Banking and Insurance Commissioner Ken Kobylowski today alerted consumers buying or renewing homeowners insurance that they will receive a one-page summary of their policy that clearly explains its terms, coverages and exclusions, startin…

SCHUMER URGES FEDS TO EXAMINE OUTDATED FLOOD MAPS IN JOHNSTOWN; CURRENT MAPS, WHICH DATE BACK TO 1983, FORCE MANY FAMILIES & BUSINESS OWNERS TO PAY TOP DOLLAR FOR UNNECESSARY FLOOD INSURANCE PREMIUMS

Today, at the Johnstown Shopping Center, U.S. Senator Charles E. Schumer urged the Federal Emergency Management Agency (FEMA) to examine the outdated flood maps that have incorrectly placed the Johnstown Shopping Center, as well as up to 50 other prope…

Southern Mass Credit Union is a MassHousing MI Plus™ Lender

MassHousing announced today that Southern Mass Credit Union (SMCU) is now approved to insure home mortgage loans with MassHousing’s signature MI Plus™ mortgage insurance.

Louisiana Housing Corporation Launches New LHC Preferred Conventional Mortgage Program

In an effort to further expand homeownership opportunities across the state, the Louisiana Housing Corporation (LHC) will now offer a 30-year LHC Preferred Conventional mortgage program with 3 percent down payment assistance and reduced mortgage insurance

Fraud Prevention Remains a Focus as Fraud Prevention Month Draws to an End

Chief Financial Officer Jeff Atwater remains focused on raising awareness about the impact that insurance fraud has on Floridians as Fraud Prevention Month comes to a close. The overall cost of insurance fraud, estimated at more than $80 billion nation…

TDI Reminds Consumers: Flood Coverage is Not Part of a Standard Homeowners Policy

Now is a good time to review your property’s flood risk, your current insurance coverage, and consider whether a separate flood policy should be part of your home protection plan.

$84.4 Million Refund Agreement with Farmers Filed in Court

On the heels of last week’s multi-million dollar refund agreement with the state’s largest homeowners insurer, Texas Department of Insurance Commissioner David Mattax announced today a revised settlement with the second largest homeowners insurer, …

Smith to Host NJ CSmith to Host NJ Congressional Delegation Briefing to Address Underpayments to Sandy Victimsongressional Delegation Briefing to Address Underpayments to Sandy Victims

U.S. Rep. Chris Smith (NJ-04), Dean of the New Jersey Congressional Delegation, announced today that he will be hosting a meeting with Brad Kieserman, Deputy Associate Administrator for the Federal Emergency Management Agency (FEMA), which oversees the…

$84.4 Million Refund Agreement with Farmers Filed in Court

The settlement, which amends a prior agreement, will enhance benefits to Farmers policyholders who fall within the settlement class.

Pallone Urges FEMA to Notify Sandy Victims of Insurance Fraud

WASHINGTON, DC – March 3, 2015 – (RealEstateRama) — Today, Congressman Frank Pallone, Jr. (NJ-06) sent a letter to Administrator Fugate requesting that the Federal Emergency Management Agency (FEMA) notify homeowners who have filed claims with …

Governor and Insurance Superintendent Encourages Maine Consumers to Consider Flood Insurance to Protect their Property

A Waiting Period for Flood Insurance to Take Effect Means NOW is the Time to Act to be Covered for Possible Spring Flooding Governor Paul R. LePage is joining Insurance Superintendent Eric Cioppa in urging all Maine home and business owners, and renter…

Texas Insurance Commissioner Announces $352.5 Million in Refunds to State Farm Policyholders

Texas Department of Insurance Commissioner David Mattax announced today the resolution of a more than decade long dispute with the state’s largest homeowners insurer, State Farm Lloyds.

Congressman Garcia Invites FEMA Senior Leadership Team to His District for a Conversation on the National Flood Insurance Program

MIAMI, FL – October 10, 2014 – (RealEstateRama) — Over the last two days, Congressman Joe Garcia hosted senior leaders from the Federal Emergency Management Association (FEMA) in his district for a discussion on the future of the the National Flood In…

Cassidy Confirms Flood Insurance Refunds Begin Oct. 1, 2014

WASHINGTON – July 19, 2014 – (RealEstateRama) — Rep. Bill Cassidy (R-LA) announced that the National Flood Insurance Program (NFIP) is continuing to implement the Grimm-Cassidy Substitute Amendment to the Homeowner Flood Insurance Affordability Act of…

House Speaker Will Weatherford Reappoints Chris Gardner to Citizens Property Insurance Board

Tallahassee, FL – July 3, 2014 – (RealEstateRama) — Florida House Speaker Will Weatherford (R-Wesley Chapel) today reappointed Chris Gardner to the Board of Governors for Citizens Property Insurance Corporation. Gardner’s reappointment is effective…

FEMA Updates Cramer on Implementation of Flood Insurance Relief

Today officials from the Federal Emergency Management Agency (FEMA) briefed Congressman Kevin Cramer and other members of the Home Protection Caucus on the implementation of the Homeowner Flood Insurance Affordability Act of 2014, which Cramer cosponso…

Schumer, Gillibrand Call for ‘Proof Of Loss’ Extension for Sandy Victims; Deadline Fast Approaching & Many Homeowners Still Need Time to File Flood Insurance Claims

WASHINGTON, D.C. – April 24, 2014 – (RealEstateRama) — FEMA’s ‘Proof of Loss’ Form Must Be Submitted By April 28th for Flood Insurance Coverage of Personal Property that was Damaged By Floodwaters; Many Sandy-Victims Are Still Recovering & N…

IBHS Joins in Celebrating Historic New Building Code Law In Mississippi

TAMPA – April 7, 2014 – (RealEstateRama) — The Insurance Institute for Business and Home Safety (IBHS) joined representatives from the insurance industry, housing industry, Mississippi Department of Insurance, and members of the state Legislature on A…