CHARLESTON, W.Va. (AP) - Claims filed against insurers are not the main culprit behind West Virginia's homeowner insurance woes, according to a report issued to lawmakers Sunday by the state insurance commissioner.
Instead, catastrophes involving hail, windstorms and other forces of nature "appear to be the principal driver of the recent rise in homeowner rates," the analysis concluded.
Commissioner Jane Cline's office examined homeowner claims filed between 1997 and 2002, the latest year for available data. She presented her findings during the interim meeting of a joint select committee assigned to study insurance issues.
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