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Prudential Financial Inc sells its auto and homeowners' insurance businesses to Liberty Mutual Insurance Group and Palisades Safety and Insurance Ass
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State officials and the Farmers Insurance Group, which had threatened to drop its 700,000 homeowners policies in Texas, reached a settlement.
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Building owners and residents have seen insurance premiums that have jumped sharply even, in a few cases, doubling.
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Insurance companies, earning less on investments and paying more in claims, are trying to bolster their profits by increasing prices.
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Consumer groups report increasing number of homeowners are being dropped by insurance companies after filing even minor claims; companies, which poin
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As more insurance companies cut back or even abandon their homeowners business in California because of earthquake risks, the state's officials are g
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When Lisa Fremer, a business manager for the music industry, and her son, Ross, regained their composure after the Los Angeles earthquake, they disco
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INSURANCE agents sell many homeowner policies as "replacement" policies, with the promise that they will pay for the replacement of a severely damage
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