This week in Insurance News Headlines

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Live Insurance News Video – This week in the headlines…   Stories we covered in today’s headlines along with notes and highlights… Title: Consumer satisfaction in homeowners insurance sector continues to climb  Insurance agents will be happy to hear that the latest report in from J.D. Powers makes note of consumers satisfaction is higher than ever when a claim is reported to the agent first opposed to them  being redirected to the insurance company. The study shows that consumer satisfaction is climbing despite the problems that recent natural disasters have…

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More than 200,000 UK homes at risk of losing flood insurance coverage as agreement between the government and insurers comes to an end

More than 200,000 homes in England and Wales could go uninsured once a pact between the nation’s flood insurers and government comes to an end in 2013. The Association of British Insurers (ABI) has warned that these homes would have profound difficulty in attaining new flood insurance policies once the agreement comes to a close. The ABI has been examining data provided by the UK’s Environment Agency regarding the potential for severe floods in both regions of the country. The issue has highlighted a major problem in the UK’s insurance…

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