Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida’s Citizens Hears Depopulation Ideas
Jun 4 2012 // When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the...
Tennessee Cracks Down on Roofing Contractor Fraud
Jun 4 2012 // Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under...
N.Y. Holds Hearings on ‘Force-Placed’ Insurance
Jun 4 2012 // Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the...
R.I. Enacts New Hurricane Insurance Law
Jun 4 2012 // Rhode Island Gov. Lincoln Chafee on May 22 signed into law legislation designed to provide additional protection to homeowners when their properties suffer damages from hurricanes. The legislation (House bill 2012-H7484A...
Home Insurance Rates Rising
Jun 4 2012 // Homeowners insurance premiums went up 19 percent on average nationwide, according to a report from an online insurance provider. Homeinsurance.com said the typical premium for a new policy in December 2011 was $810...
Travelers Introduces New Wind Credit for Fortified Homes in Texas
Jun 1 2012 // Travelers Insurance announced it is introducing a wind credit for fortified homes in Texas that meet established standards designed to resist the impacts of tropical storm and hurricane winds. Travelers currently offers...
Delaware Weighs Mortgage Assistance Plans for Struggling Homeowners
May 31 2012 // Members of Delaware legislature’s budget committee are wrestling with competing proposals from the governor and attorney general on how to help struggling homeowners. Delaware is slated to get about $46 million in a...
Md. Officials Ask Homeowners: ‘Are You Ready for Hurricane Season?’
May 30 2012 // As the Atlantic hurricane season approaches, Maryland’s insurance regulators are asking homeowners, “Do you know what your homeowners insurance policy covers if your property is damaged?” The Atlantic...
The Next New Thing: Coverage Issues from Fracking Claims
May 25 2012 // Every few years it seems that there are predictions a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear...
New Fund Created to Help Displaced Vermont Mobile-Home Owners
May 25 2012 // Glenn French and his wife lost their mobile home and much of its contents when floodwaters from Tropical Storm Irene ripped through Weston’s Mobile Home park in Berlin.Debris from destroyed homes is stacked for...
South Carolina Weighs Sprinkler Mandate for New Homes
May 25 2012 // The debate over whether all new homes should have fire sprinklers is heating up in South Carolina. The South Carolina Building Code Council is considering whether to adopt the International Residential Code requiring...
R.I. Enacts New Law to Assist Homeowners With Hurricane-Related Claims
May 24 2012 // Rhode Island Gov. Lincoln Chafee on Tuesday signed into law legislation designed to provide additional protection to homeowners when they suffer damages from hurricanes. The legislation (House bill 2012-H7484A and Senate...
Tennessee Cracks Down on Roofing Contractor Fraud
May 21 2012 // Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under...
The Next New Thing
May 21 2012 // Coverage Issues from Fracking Claims Every few years there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed...
Massachusetts Regulators Reject FAIR Plan’s Rate Hike Request
May 21 2012 // Massachusetts insurance regulators on May 11 rejected FAIR Plan’s request to raise rates by an average of more than 7 percent. FAIR Plan, whose official name is Massachusetts Property Insurance Underwriters...
New York Hearings on ‘Forced’ Insurance in Foreclosure
May 20 2012 // Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the...
The Industry’s Role in Cutting Down Crooked Contractors
May 17 2012 // Approximately one year ago, on Sunday, May 22 at about 5:30 p.m., Joplin, Mo. was devastated by a massive EF 5 tornado that at times was one mile wide and traveled on the ground for more than 20 miles. This storm,...
Home Insurance Rates Rose 19% Nationwide in 2011: Report
May 16 2012 // Homeowners insurance premiums went up 19 percent on average nationwide, according to a report from an online insurance provider. Homeinsurance.com said the typical premium for a new policy in December 2011 was $810...
Mass. Regulators Reject FAIR Plan’s Rate Hike Request
May 11 2012 // Massachusetts insurance regulators on Friday rejected FAIR Plan’s request to raise rates by an average of more than 7 percent. FAIR Plan, whose official name is Massachusetts Property Insurance Underwriters...
Alabama Governor Signs Texting Ban; Expects to Sign Home Insurance Bills
May 9 2012 // Alabama Gov. Robert Bentley has signed into law a measure (HB 2) that prohibits texting while driving. “Signing this bill sends a message that drivers need to focus on driving – not on sending a text,”...
