Tag Archives: Insurance Industry

Overdevelopment widens Florida sinkhole problem

The insurance industry in Florida has taken note. Florida law requires insurers to cover “catastrophic ground collapse,” and many homeowners buy additional riders to cover more minor damage. “The number of insurance claims for sinkhole damage has increased significantly over … Continue reading →

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Homeowners Hit by Sandy May Save Thousands of Dollars

The fact that Hurricane Sandy was downgraded to a “Post-Tropical Cyclone” before it made landfall on the East Coast will save homeowners potentially thousands of dollars in home insurance deductibles.  New Jersey’s Department of Banking and Insurance Acting Commissioner Ken … Continue reading →

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Does Private Mortgage Insurance Have a Place in the New Mortgage Order?

Page 1 of 2 | Next PageShow Entire Article It’s no surprise that the private mortgage insurance industry is fighting hard against proposed new risk retention rules for the mortgage industry. They are already trying to pick themselves up and … Continue reading →

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