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Insurance Plans Uncovered
Fla. lawmakers tackle state's insurance crisis (MSNBC)In Florida, homeowners are fighting mad, protesting Tuesday outside a special session of the state legislature. They're afraid the high cost of property insurance could cost them their homes. NBC's Mark Potter reports from Miami.
Katrina Insurance Punishment Tops $2 Million (NPR) Insurance has been ordered to pay $2.5 million in punitive damages for denying a claim on a house destroyed by Hurricane Katrina. The judge in the case ruled earlier that the company had failed to prove that damage to the house in question was caused by water and not wind. Wind damage is covered under a regular homeowners' insurance policy, but damage from water is not. Now legal ...
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