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Tag: property insurance

CLOSER INSPECTIONS: As property insurers tighten their underwriting requirements, they now must give homeowners more notice of nonrenewal, according to a new state law intended to give the owner more time to find a replacement policy. 
COURTESY MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY

Homeowners facing nonrenewal get more time to find coverage

Financial Services
When Sen. ­Victoria Gu went looking for homeowners’ insurance for her house in Westerly six months ago, she found that both where a house...

Study: Customer satisfaction with property insurance companies plunged in 2022

Financial Services
PROVIDENCE – Property insurance companies took a major hit in 2022, with customers unhappy about rising costs, longer wait times and catastrophic losses, according...

FM Global: Equipment failures a leading cause of property losses for...

Financial Services
JOHNSTON – Equipment breakdowns now rival fire loss in both frequency and severity of commercial property insurance claims, according to a new analysis of...
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