Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Lawsuits Claim Hawaii Homeowners Lost Millions
Aug 9 2012 // Lawsuits allege hundreds of Hawaii residents should have received higher prices when selling their homes through nonjudicial foreclosure auctions. Lawyers say the amount of losses in five lawsuits is in the millions. The...
Storm Damages 21 Homes in Oklahoma’s Comanche County
Aug 9 2012 // Authorities say 21 homes in Comanche County were damaged by a summer storm that brought high winds and large hail. The storm moved into the area Tuesday night and authorities said no one was injured. Lightning from the...
Texas Insurance Commissioner Responds to Consumer Email Campaign
Aug 9 2012 // Texas top regulator has posted a response to an email campaign addressing homeowners insurance rates and issues initiated by a consumer advocacy group. Hundreds of emails sent to Texas Insurance Commissioner Eleanor...
Mississippi Law Calling for Hurricane Mitigation Credits Takes Effect
Aug 6 2012 // Mississippi residents along the state’s coastline who are building new homes or chose to strengthen their current homes against hurricane damage can now qualify for premium credits from their property insurer. Under...
Community Associations Grow by Number and Exposure
Aug 6 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...
North Carolina Insurance Reforms Fall Short
Aug 6 2012 // North Carolina lawmakers approved a bill with some changes to the property insurance system but, as one industry expert said, in so doing lawmakers “just stuck more fingers in the dike.” Despite what critics...
Farmers Raises Rates in Alabama; Pulls Wind Coverage on Coastal Rental Policies
Aug 2 2012 // One of Alabama’s largest homeowners’ insurers is raising rates on property insurance by as much as 35 percent per policy while dropping some 2,900 rental properties along the state coastline as part of plan to...
At Least 10 Homes Damaged in Oklahoma Grass Fires
Aug 1 2012 // Grass fires damaged at least 10 homes and burned about 1,500 acres before crews were able to control them late on July 30, authorities in north-central Oklahoma said. Seven mobile homes and three houses were damaged in the...
PURE to Offer Coverage to High-End Homeowners in Missouri
Jul 31 2012 // Privilege Underwriters Reciprocal Exchange, a policyholder-owned property/casualty insurer exclusively focused on high net worth individuals and families, has announced that it will begin accepting new members...
HomeAway Launches Vacation Rental Properties Insurance Product
Jul 25 2012 // HomeAway, Inc., an online marketplace for vacation rentals, is now offering HomeAway Assure, a CBIZ Insurance Program product that is tailored specifically for vacation rental properties. The product features an online...
North Carolina Property Insurance Reform Law Comes Up Short
Jul 24 2012 // North Carolina’s property market problems are well known but thus far answers remain elusive even after lawmakers approved a bill that does little more than what one industry expert said, “just stuck more...
State Farm: Sandusky’s Homeowners Policy Doesn’t Cover His Legal Bills
Jul 23 2012 // State Farm has filed a lawsuit in Pennsylvania last Thursday against former Penn State assistant football coach Jerry Sandusky. In its complaint, State Farm asked a judge to declare that the insurer’s...
First Quarter Premium Up 4% for P/C Companies
Jul 23 2012 // Homeowners, Private Passenger Auto and Workers’ Compensation Lines Impact Premium Growth Through the first quarter 2012, total direct premium written (DPW) for all property/casualty insurers is up 4 percent compared...
N.Y. Gov. Cuomo Urges Homeowners to Protect Against Storm Losses
Jul 20 2012 // New York Gov. Andrew Cuomo is urging to take steps now to protect their homes in the event New York is hit by any of the nine to 15 storms the National Oceanic and Atmospheric Administration (NOAA) predicts for the 2012...
Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles
Jul 20 2012 // The Travelers Companies, which reported its second-quarter results yesterday, said renewal rates are continuing to trend up across its business segments. Company executives emphasized, however, that rate hikes are a...
Houston-Area Rain Floods Homes, May End Drought
Jul 16 2012 // Historic rainfall levels that drenched the Houston area last week flooded dozens of homes and caused widespread street flooding, but the rain also is likely to result in the end of drought conditions in Southeast Texas,...
Farm Bureau Dropping 3,000 South Carolina Homeowner Policies
Jul 16 2012 // Farm Bureau Insurance said it is dropping about 3,000 South Carolina home insurance customers after paying out millions in storm-related claims last year. The Post and Courier of Charleston reported that property owners in...
Texas Home Insurance Premiums Up Since 2009
Jul 12 2012 // A report from the Texas Department of Insurance says that homeowners insurance premiums in Texas have gone up 21 percent since 2009. The report that state Insurance Commissioner Eleanor Kitzman presented to a Senate...
Allstate Dropping 10,000 South Carolina Homeowners Policies
Jul 12 2012 // Allstate is dropping about 10,000 South Carolina home insurance customers. The company is dropping customers who don’t also carry Allstate auto coverage, have older homes and have homes insured for less than...
Property/Casualty Insurance Professionals Nationwide Get New Revenue Stream and Client Retention Tool with ValueAppeal PRO® Property Tax Service
Jul 10 2012 // Seattle, WA, 07/10/12 – ValueAppeal, a pioneering online do-it-yourself property tax appeal service developed to help homeowners ensure that they are not overpaying their property taxes, today announced the launch of...