Hippo Insurance, the high-growth company that’s transforming home insurance and ownership, and SimpliSafe®, maker of award-winning home security systems, today announced a partnership that will provide homeowners access to more options and enhanced peace of mind when it comes to protecting their homes. The partnership will expand the suite of services available within Hippo’s extensive… Continue reading Hippo Insurance and SimpliSafe Partner to Offer Homeowners Insurance Policy with Home Alarm Devices
Tag: homeowners insurance
PG&E to Plead Guilty to Involuntary Manslaughter Charges in Deadly California Wildfire
PG&E Corp. has agreed to plead guilty to felony involuntary manslaughter charges for its role in starting the deadliest wildfire in California’s history. The indictment in Butte County, where 85 people died during the 2018 Camp Fire, charges the company with 84 counts of manslaughter and one count of unlawfully causing a fire. The company… Continue reading PG&E to Plead Guilty to Involuntary Manslaughter Charges in Deadly California Wildfire
Homeowners’ Satisfaction with Claims Reaches Record High as Insurers Focus on Relationship Management: J.D. Power
Filing a claim with a homeowners insurance company is a make-or-break opportunity for insurers to positively engage with their customers, and, according to the J.D. Power 2020 U.S. Property Claims Satisfaction Study,SM insurers are rising to the occasion. Overall customer satisfaction with the property claims process has reached a record high, with year-over-year improvements realized… Continue reading Homeowners’ Satisfaction with Claims Reaches Record High as Insurers Focus on Relationship Management: J.D. Power
Chubb Issues New Resources to Help Clients Keep Homes and Businesses Dry
To help protect clients and their properties from the growing risk of water damage, Chubb is issuing two new resources created specifically for personal and commercial insurance clients. Being proactive is the best way to help combat internal water-related risks in the home,” said Fran O’Brien, Division President, Chubb North America Personal Risk Services. “Without… Continue reading Chubb Issues New Resources to Help Clients Keep Homes and Businesses Dry
Rising Great Lakes Have Homeowners Moving Back from Water; Millions in Damages
It took less than eight hours for wind-whipped waves surging off a record-high Lake Michigan during a recent storm to shorten Charlotte and Rudolf Brengel’s backyard by 40 feet. The erosion transformed what was a grassy slope to the shoreline into a cliff with a 12-foot drop, taking out a lakeside deck and stopping about… Continue reading Rising Great Lakes Have Homeowners Moving Back from Water; Millions in Damages
Thousands of Insurance Customers in Florida Face Change
In a new sign of problems in Florida’s property-insurance industry, tens of thousands of homeowners will be shifted to a different insurer this spring because of a company’s financial troubles. Regulators late Monday announced an agreement to shift 43,000 policyholders, most of them homeowners, from Anchor Property and Casualty Insurance Co. to Homeowners Choice Property… Continue reading Thousands of Insurance Customers in Florida Face Change
Swiss Re, IKEA Team Up on Home Insurance
Swiss Re’s iptiQ and IKEA on Tuesday announced the launch of HEMSÄKER, a home insurance offering which provides easily accessible protection at an affordable price. HEMSÄKER, which can be purchased online via the IKEA website in a matter of minutes, was created to extend home insurance to more people and in turn increase their financial… Continue reading Swiss Re, IKEA Team Up on Home Insurance
‘Renew California’ Bill Seeks to Ease Wildfire-Fueled Homeowners Insurance Crisis
A wildfire-related crisis facing counties all over the state could have one solution in sight. As the risk of destructive wildfire grows, tens of thousands of California homeowners are finding insurance companies are dropping their coverage and pulling out of fire-prone communities altogether. That leaves homeowners unprotected at best — and unable to keep their… Continue reading ‘Renew California’ Bill Seeks to Ease Wildfire-Fueled Homeowners Insurance Crisis
Proposed Settlement Would Make California Fire Victims PG&E’s Biggest Shareholders
PG&E Corp. proposes to pay half of its $13.5 billion settlement with California wildfire victims in company shares, a move that would make victims the utility’s largest shareholders—and jeopardize payments if PG&E sparks future fires. As part of its plan to exit bankruptcy, PG&E would pay fire-victim claims through a trust funded with equal parts… Continue reading Proposed Settlement Would Make California Fire Victims PG&E’s Biggest Shareholders
Serious Mortgage Delinquency Rates Tripled in Recent Disaster-Affected Regions
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its annual Natural Hazard Report including a look back at communities affected by wildfires, hurricanes, tornadoes and earthquakes in 2019. Based on CoreLogic research, as a result of natural hazards, 2019 could bring an increase in mortgage delinquency rates, taking 12 or… Continue reading Serious Mortgage Delinquency Rates Tripled in Recent Disaster-Affected Regions