Explore the latest Homeowners insights, trends and breaking news from property/casualty insurance industry authority Insurance Journal
The Best Home Insurance Companies for Your Needs Best Overall: Allstate Best for Military Families: USAA Best Online Tools: Lemonade Best for Range of Options: Erie Best Service: Farmers Best for Pricey Homes: Chubb Best for the Money: Allstate Best for Bundling: State Farm Best Com...
Your homeowners insurance comes with a liability limit set at the time you purchase your policy. A common liability coverage limit in standard home insurance policies is $100,000. If someone files a large lawsuit against you, your legal defense and settlement costs can potentially exceed this ...
Liability insurance This type of insurance from Chubb offers additional protection that is required when the liability limits of your existing policies are not sufficient to cover the cost of an accident or lawsuit. Cyber Chubb offers cyber protection coverage that helps policyholders avoid the impact...
To compensate for the loss of their homes, the government has proposed to pay 95% of the insurance value of all residential housing in the town, which could equate to around 61 billion Icelandic kronur ($440 million). According to the bill, the government will set up and finance an entity...
As reported by Law360 (subscription), JPMorgan Chase Bank has agreed to pay $11.5 million to settle a lawsuit filed by Lieff Cabraser and co-counsel on behalf of a proposed class of homeowners’ alleging that the banking giant failed to pay interest on funds held in...
U.S. Lawsuit Against S&P Mortgage Bond Ratings Pre-2008 Could Begin in September 2015 July 27, 2014 The Real Reason Fannie and Freddie Don't Do Principal Modifications July 26, 2014 Goldman Settlement with FHFA Could Reach $1.25 Billion July 25, 2014 Blackstone Said to Prepare $700 Million ...
— Servicers can’t charge borrowers for emergency or so-called “force-placed” property insurance — unless servicers have first alerted homeowners and have a “reasonable basis” that insurance policies were dropped. — If a homeowner gives the servicer proof of insurance, the servicer has ...
“Provision”) facilitates the prompt and efficient resolution of any disputes that may arise between you and the Company. Arbitration is a form of private dispute resolution in which persons with a dispute waive their rights to file a lawsuit, to proceed in court and to a jury trial, and ...
lawsuit against the hospital or doctors who may have committed medical malpractice. They will also negotiate with the insurance company on your behalf and, if necessary, take the case to trial. Depending on the severity of your child’s injury, a settlement might be reached before trial starts...