California homeowners insurance could be tough for pit bull owners

Dog liability homeowners insurance

Households that include certain breeds of dog could soon find that they are being denied coverage. Homeowners insurance companies across California are starting to make the decision as to whether or not they will be continuing to cover properties in which the owners have certain breeds of dog such as pit bulls. These breeds are being seen as a potential liability, and the risk is deemed too high by some insurers. There have been reports of certain homeowners insurance companies – including The Hartford, which was mentioned in an article…

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Insurance company sues California commissioner

unitedhealth health insurance company

UnitedHealth Group has now filed a lawsuit with the intention of blocking a fine of $173 million. In order to try to stop itself from having to pay a $173.6 million fine as a result of an acquisition that went awry, the UnitedHealth Group insurance company has now sued the California insurance commissioner. The filing of the lawsuit was at the Orange County Superior Court near the end of last week. According to the insurance company, which is headquartered in Minnesota, the California commissioner, Dave Jones, is doing little more…

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Solar product insurance specialty policy now offered by ReneSola

Insurance industry News

The coverage is being provided through PowerGuard. ReneSola Ltd., a leading worldwide manufacturer of solar modules and wafers, based in San Francisco, California, has announced that it will now be working with PowerGuard in order to offer a range of solar product insurance options to its customers. PowerGuard Specialty Insurance Services will be providing the coverage to ReneSola’s clients. The coverage being offered will involve various long term policies for the products that have been sold by ReneSola. The insurer is a California based company that manages various specialty coverages…

Read More website provides California residents with best insurance quotes and comparisons

The new website has announced the availability of its full service insurance quote website that is specifically designed to cater to the needs of the residents of California. The site is now offering Californians fast and easy access to free instant insurance quotes from insurers located within their area. It also provides the ability to compare the top quotes from several insurance companies so that users will always know that they are receiving the coverage they need, but at the best possible price that can be found. The…

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AIG unit faces potential fines in California over management of fire claims

American International Group Inc. (AIG) subsidiary, New Hampshire Insurance Co., along with York Risk Services, its claims processing agent, are now facing citations for 125 violations connected with alleged improper handling of California wildfire related claims from 2008. According to California Department of Insurance (CDI) general counsel, Adam M. Cole, “The allegations in this case reflect a troubling lack of attention to consumer needs by New Hampshire Insurance Company.” CDI has stated that each of the various violations for which the insurer has been sited have to do with “an…

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