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The most important factor when buying real estate is location, and as you might expect, its a significant factor in establishing rates for homeowners insurance as well.

By and large, insurance buyers will find a more favorable rate environment these days when renewing their General Liability coverage. Even problematic risks likely will not face the double-digit rate hikes they have had to accept in recent years.

BofA agreed to pay $7.65 million to settle U.S. regulatory claims that it overstated its capital by billions of dollars after failing to report losses tied to its 2009 purchase of Merrill Lynch & Co.

AIG said it will get at least $650 million as part of a settlement with Bank of America tied to faulty mortgages.

AIG said it will get at least $650 million as part of a settlement with Bank of America tied to faulty mortgages.

Federal housing regulators are being urged to sue insurers and mortgage servicers over alleged overcharging for force-placed insurance on troubled homeowners during the housing crisis.

Federal housing regulators are being urged to sue insurers and mortgage servicers over alleged overcharging for force-placed insurance on troubled homeowners during the housing crisis.

As auto bodily injuries are declining in severity, the medical costs associated with treating them continue to rise, IRC says.