Insurance

Insurance

Former Houston escrow officer sentenced to prison in title scam

Sandra Flores will begin serving a six year prison term this week for insurance fraud after a Texas Department of Insurance investigation found she had stolen $1 million from real estate transactions. She was sentenced earlier this week by a Harris Cou...

Miami Homeowner Arrested Following Attempt to Steal $178,200 in Damage Claims

Chief Financial Officer (CFO) Jimmy Patronis and the Florida Department of Financial Services (DFS) announced today the recent arrest of Renee De La Maza for insurance fraud and grand theft following her attempt to file a damage claim against a new ins...

Ohio Home and Auto Insurance Rates Remain Steady

Ohio Department of Insurance Director Jillian Froment today announced that the average rate changes in 2016 for the top 10 homeowners and private passenger auto insurance groups in Ohio increased 1.9 percent and 3.1 percent, respectively. Ohioans pay a...

High Standards of Professional Conduct Apply to Insurance Needs of Ohio Home Buyer

Purchasing a home or business property is a time of joy, excitement and inevitably stress generated by the work and by the unfamiliarity buyers have with the layers of demands from loan calculations to insurance commitments being thrust at them. The O...

High Standards of Professional Conduct Apply to Insurance Needs of Ohio Home Buyer

Purchasing a home or business property is a time of joy, excitement and inevitably stress generated by the work and by the unfamiliarity buyers have with the layers of demands from loan calculations to insurance commitments being thrust at them. The O...

Florida Realtors®: Flood Insurance Needed Now More Than Ever

Mass destruction caused by Hurricane Harvey and floodwaters in Texas and Louisiana. Severe flooding due to heavy rains in Southwest Florida. The devastating aftermath on people’s lives and livelihoods is a shocking reminder of what can happen when disaster strikes – and the critical need for the National Flood Insurance Program (NFIP).

Florida Realtors®: Flood Insurance Needed Now More Than Ever

Mass destruction caused by Hurricane Harvey and floodwaters in Texas and Louisiana. Severe flooding due to heavy rains in Southwest Florida. The devastating aftermath on people’s lives and livelihoods is a shocking reminder of what can happen when disaster strikes – and the critical need for the National Flood Insurance Program (NFIP).

FEMA’s Revised Morris County Flood Maps Are Now Available

After several brief delays, the Federal Emergency Management Agency has released its long-awaited revised preliminary Flood Insurance Rate Maps (pFIRMs) for Morris County. Municipal and County officials should receive paper versions of the maps in th...

FEMA’s Revised Morris County Flood Maps Are Now Available

After several brief delays, the Federal Emergency Management Agency has released its long-awaited revised preliminary Flood Insurance Rate Maps (pFIRMs) for Morris County. Municipal and County officials should receive paper versions of the maps in th...

AG Returns $6.3 Million to Homeowners After Investigation of Improper Charges by Insurance Company

Following an investigation and audit by Attorney General Maura Healey’s Office, a major Massachusetts insurance company is paying more than $6.3 million in refunds to more than 4,500 homeowners who were improperly charged for property insurance.

Commissioner Badolato Reminds Homeowners and Renters to Create or Review their Home Inventory

Citing a recent survey conducted by the National Association of Insurance Commissioners (NAIC), Department of Banking and Insurance Commissioner Richard J. Badolato today reminded homeowners and renters to set up or review their home inventory to ensur...

Commissioner Badolato Urges Homeowners to Review Insurance Risks

Department of Banking and Insurance Commissioner Richard J. Badolato today highlighted the importance of a new nationwide survey demonstrating the need for New Jersey homeowners to review their homeowners insurance policies in consideration of natural ...

High Standards of Professional Conduct Apply to Insurance Needs of Ohio Home Buyers

Purchasing a home or business property is a time of joy, excitement and inevitably stress generated by the work and by the unfamiliarity buyers have with the layers of demands from loan calculations to insurance commitments being thrust at them. The O...

Lake County receives improved Building Code insurance rating

The Insurance Services Office, Inc. (ISO), an insurer-supported organization, recently upgraded Lake County’s Building Code Effectiveness Classification into its top tier.

California REALTORS® call on HUD and new Administration to make reinstatement of FHA insurance...

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the announcement by the U.S. Department of Housing and Urban Development (HUD) that the Federal Housing Administration (FHA) will indefinitely suspend a recently announced cut in its annual mortgage insurance premium

PANEL APPROVES PETERSON BILL PROTECTING HOMEOWNERS FROM OVERZEALOUS BANKS

With the continuing prevalence of mortgage foreclosure problems, legislation putting common sense safeguards in place to protect homeowners was passed out of the Assembly Financial Institutions and Insurance Committee Thursday.

Unlicensed Miami Insurance Agent Charged with 72 Felony Counts and Stealing more than $48,000...

The Florida Department of Financial Services’ (DFS) Division of Investigative and Forensic Services announced today the recent arrest of George Garcia, 69, following his alleged unlicensed insurance activity that resulted in the theft of at least $48,507 in escrow payments from 10 unsuspecting South Florida homeowners

Mayor Peduto, Urban Redevelopment Authority and Habitat for Humanity of Greater Pittsburgh To Launch...

The City of Pittsburgh, Urban Redevelopment Authority (URA) and Habitat for Humanity of Greater Pittsburgh (HFHGP) have collaborated to offer a first time Veterans Homeownership Initiative (VHI). The VHI will offer mortgages to veterans who want to be...

IBHS and California Fair Plan Association Wildland Fire Summit

The Insurance Institute for Business & Home Safety (IBHS), the California Fair Plan Association, AonBenfield Company and Renaissance Re sponsored a California Executive Summit on Wildland Fire October 5-6 in Los Angeles.

FOLLOWING HURRICANE MATTHEW, CFO JEFF ATWATER EXTENDS INSURANCE CONSUMER HELPLINE HOURS

TALLAHASSEE, Fla. – (RealEstateRama) — Following the landfall of Hurricane Matthew, Chief Financial Officer Jeff Atwater has extended the operating hours of the Department of Financial Services’ Insurance Consumer Helpline. As Floridians assess damages to their property and belongings, they should document damages by taking photographs or shooting video footage and notify their insurance companies

FOLLOWING HURRICANE MATTHEW, REPORT LOSSES QUICKLY AND PROTECT YOURSELF FROM POTENTIALLY UNLICENSED INDIVIDUALS

Following the landfall of Hurricane Matthew, many Floridians are now beginning the process of notifying their insurance carrier of damaged property and items and taking steps to make temporary repairs to prevent additional damage. CFO Jeff Atwater, Insurance Commissioner David Altmaier, and Insurance Consumer Advocate Sha’Ron James encourage Floridians to be prompt in notifying their insurance companies and cautious of repair deals that sound too good to be true

Mayor Landrieu, City Officials Remind Residents New Flood Insurance Rates Going Into Effect

Mayor Landrieu and City officials reminded residents that new flood insurance rates are going into effect on Sept. 30, 2016. More than 53 percent of all properties in New Orleans were removed from Special Flood Hazard Areas (“A” zones) and as a result, will benefit from more affordable flood insurance

Mayor Landrieu, City Officials to Remind Residents of Updates to New FEMA Flood Insurance...

Mayor Mitch Landrieu will join City Officials to remind residents of the updates to the new FEMA flood insurance rates that go into effect for New Orleans this Friday, Sept. 30, 2016.

Major Insurance Company to Refund Massachusetts Homeowners for Improperly Charged Force-Placed Insurance

In the third such settlement in the past year, a company has agreed to provide refunds to Massachusetts homeowners who were improperly charged for force-placed insurance policies, Attorney General Maura Healey announced today.

FOLLOWING HURRICANE HERMINE, CFO JEFF ATWATER EXTENDS INSURANCE CONSUMER HELPLINE HOURS

Following the landfall of Hurricane Hermine, Chief Financial Officer Jeff Atwater has extended the operating hours of the Department of Financial Services’ Insurance Consumer Helpline. As Floridians assess damages to their property and belongings, they should document damages by taking photographs or shooting video footage and notify their insurance companies as soon as possible.

CONSUMER ALERT: MANAGING THE POST-STORM INSURANCE CLAIMS FILING PROCESS

In the wake of Hurricane Hermine, Floridians affected by the storm must now begin the process of surveying damages to their property and belongings. Chief Financial Officer Jeff Atwater and Insurance Commissioner David Altmaier have the following tips...

Courtney, Blumenthal, Murphy, Larson Urge Insurers To Participate In State Relief Program For Crumbling...

Representative Joe Courtney (CT-02), Senator Richard Blumenthal (D-Conn.), Senator Chris Murphy (D-Conn.), and Representative John Larson (CT-01) released letters they sent jointly to Connecticut insurers regarding efforts proposed by the State of Conn...

FAIR Plan to Refund Consumers $350,000 Over Allegations it Unfairly Cancelled Homeowners Insurance Policies

The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it impermissibly cancelled homeowners insurance policies between January 2010 and February 2014, Attorney General Maura Hea...

Builders Urge Caution as Congress Reauthorizes the National Flood Insurance Program

Extreme flood insurance rate hikes and inaccurate floodplain maps drive up the cost of homeownership and threaten small businesses, the nation’s home builders told Congress today

REALTORS® to Congress: Flood Insurance Rates Post Threat to Business, Homeownership

Flood insurance costs continue to put small businesses and homeownership at risk, but the National Association of Realtors® told U.S. Senators today that a range of solutions are on the horizon

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families