Personal Lines

Sixty-five single-family homes were destroyed and 462 damaged by the flooding and mudslides that struck the city of Montecito Tuesday after the first winter storm to hit the region.

The ruling should finally resolve an issue which has cropped up before, particularly in federal court: Whether Floridas statute of limitations for bringing bad faith claims against an insurer is four or five years.

While the identity of Buffetts successor has remained a mystery for years, he has said he wants the next leader to be drawn from the companys ranks, relatively young and unmotivated by ego.

Last year, the U.S. experienced 16 weather and climate disasters each with losses exceeded $1 billion, according to the National Oceanic and Atmospheric Administration.

Agreed value is also referred to as agreed amount. The agreed value endorsement in a property insurance policy waives the coinsurance clause.

Agreed value is also referred to as agreed amount. The agreed value endorsement in a property insurance policy waives the coinsurance clause.