INSURANCE INDUSTRY PROVIDES PRELIMINARY LOSS ESTIMATES FOR DFW STORMS
SIIS predicts preliminary to be anywhere from $300 to $500 million.
SIIS Board Elects Helin president of SIIS
SIIS recently elected Sandra Helin as president of SIIS. She will succeed Jerry Johns who is retiring effective March 1.
Insurers Pay Out Hundreds of Millions of Dollars For Dog Bite Claims
Dog bites accounted for more than one-third of all homeowners insurance liability claims paid out in the U.S. during 2010 costing $412 million and are a significan contributor to the cost of homeowners insurance.
Beware of Unscrupulous Roofing Contractors Following Winter Storms
Victims of the epic winter storm which stuck Oklahoma this week should be aware that severe weather often acts as a magnet for out-of-state unscrupulous roofing contractors who engage in aggressive and questionable practices.
As tornado season approaches insurers urge insurance check-up
As tornado season approaches insurers are encouraging homeowners to confirm with their agent or company that they have enough insurance to replace their homes should they be destroyed or damaged by severe weather.
Texas Entering Deadliest Season for Vehicle/Deer Collisions
(Austin) Drivers should be extra cautious this time of year since October and November are the deadliest months in Texas for vehicle and deer collisions with November being the worst, an insurance industry trade group warns. Texas leads the nation, followed by Wisconsin and Pennsylvania in fatalities from vehicle/deer accidents with an estimated 15-20 human fatalities per year.
Many Texans Underinsured - Industry Trade Group Warns
Reliable estimates reveal that between 50 to 70 percent of homeowners do not have enough insurance to rebuild their homes in the event it is completely destroyed.
Flood Insurance Was Crucial To My Family
The Hesketh’s Houston home flooded for the first time in 2000 during Tropical Depression. “We lived in an area designated as a 500-year-flood plain and felt comfortable not having flood insurance.”