Drywall Victims Face Homeowner Insurance Non-renewal
October 14, 2009 by Be Safe Insure
Filed under Homeowner's Insurance
Oh it had to start somewhere, and here it is: at least 2 home insurers in Florida have started to drop insurance policy holders who have made claims for property damage that related to toxic drywalls imported from the PRC. Is it just? The verdict is still out. These cases of homeowners insurance non-renewal relate [...]
Texas Hurricane Insurance Claims Create 2008 Loss for Insurers
March 24, 2009 by Be Safe Insure
Filed under Homeowner's Insurance, hurricane insurance, Insurance Companies
For half a decade, Texas insurance companies showed strong profitability with loss ratios of only < 60%. That was before 2008. Then, in 2008, Taxes insurers were force to pay out on one of the most destructive hurricanes in state history, i.e. hurricane Ike hitting Galveston and Houston, the Texas Department of Insurance reported. The [...]
