HOW Companies Payments to be Disbursed

Twenty-two years after it went into receivership, builders who made capital contributions to the HOW companies may be eligible to get some of their money back.

Home Ownership Warranty Insurance Company (HOWIC) was a risk-retention group under the Home Warranty Corporation (HWC). As the parent company, HWC owned all the shares of stock in its operating subsidiaries: HOWIC and the Home Owners Warranty Corporation (HOW), which managed the insurance operations. The three companies are collectively referred to as the HOW Companies…read more