Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Replacement Costs Battle on the Road to Somewhere
May 7 2012 // Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance. That upbeat attitude is...
Appellate Court Dismisses Challenge To CDI Replacement Costs Regulation
May 3 2012 // The California Court of Appeal summarily dismissed a legal challenge by the Association of California Insurance Companies and the Personal Insurance Federation of California to homeowner protection regulations adopted by...
N.H. AG: Homeowners Have to Wait on Foreclosure Settlement Help
May 3 2012 // New Hampshire Attorney General Michael Delaney says homeowners hoping to benefit from a settlement over foreclosure abuses may have to wait several months to receive assistance. The state is expected to get $43.6 million...
Allstate Profit Jumps 46% in Q1
May 3 2012 // Allstate Insurance reported a first quarter profit of $766 million, up by about 46 percent from a year-earlier profit of $524 million. The increase was due to improvement in operating income and, to a lesser extent,...
Coverage for Paranormal Activity? It Depends on the Specifics
Apr 30 2012 // One of the biggest stories in Toms River, N.J., in recent weeks involved an alleged haunted house in the neighborhood. According to local reports, Michele Callan and her fiance Josue Chinchilla had moved into a home in...
N.Y. Regulators to Hold Hearings on Force-Placed Insurance in May
Apr 26 2012 // New York’s financial regulators will hold hearings on the so-called force-placed insurance next month. These hearings will be open to the public and will also be webcast over the Internet. Benjamin Lawsky,...
Conn. Senate Passes Anti-Price-Gouging Bill to Help Homeowners
Apr 26 2012 // The Connecticut Senate has voted to expand consumer protections from price gouging during major storms, such as the freak October snow storm that hit the state last year. Senators voted 33-to-3 Wednesday in favor of the...
Insurance Premiums Climb to a Record $30B in Missouri in 2011
Apr 16 2012 // Missouri experienced a number of insurance industry “firsts” in 2011, including a record number of premium sales dollars, the largest-ever amount in claims paid for a single event in the state, and an...
Missouri Home Insurance Rates Rise
Apr 16 2012 // Missouri insurance regulators report that homeowners premiums increased 5 percent between July 2011 and March 2012. The figure is based on an analysis of rates charged by insurers covering 80 percent of homes. Disaster...
Replacement Costs Battle on the Road to Somewhere
Apr 13 2012 // Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance. That upbeat attitude is...
Severe Weather Has Home Insurers Rethinking Coverages
Apr 10 2012 // As weather disasters strike with more frequency, U.S. homeowners first get hit with the destruction or total loss of property. Many are then hit with the unexpected loss of homeowners insurance policies as insurance...
Florida Homeowners Association Could Be Sued in Martin Shooting Case
Apr 10 2012 // If Trayvon Martin’s family sues over his death, they might not target George Zimmerman but instead the homeowners association of the neighborhood where the shooting happened and Zimmerman lived. That’s because...
Force-Placed Insurers on Hot Seat as N.Y. Regulators Expand Probe
Apr 6 2012 // New York regulators are expanding their investigation into the so-called force-placed insurance that target homeowners in financial distress. Benjamin Lawsky, the state’s superintendent for the financial services...
N.Y. Attorney General Warns Homeowners About New Mortgage Scams
Apr 5 2012 // New York’s attorney general is warning homeowners to be alert for phone calls from people posing as bank or government officials to get personal information through bogus offers of help with their mortgages. Eric...
Colorado Wildfire Victims Returning to Homes
Apr 3 2012 // The Lower North Fork wildfire in Jefferson County, Colo. is nearly 100 percent contained, and with all remaining evacuation and pre-evacuation orders lifted on Tuesday residents were returning to their homes. The fire,...
Tornadoes Raise Home Insurance Rates in Missouri
Apr 3 2012 // Even Missouri residents who lived nowhere near last year’s deadly tornadoes are writing bigger checks to insure their homes. The state Department of Insurance reports that premiums increased 5 percent between July...
Regulators’ Advice: Be Prepared for Springtime Risks
Apr 2 2012 // Tis the season when flowers bloom and birds sing — which means it’s also time for homeowners to check for springtime risks and ensure that they have adequate insurance coverage. Connecticut Insurance Commissioner...
Ohio Court: Builders Must Construct Homes in ‘Workmanlike Manner’
Apr 2 2012 // Ohio’s high court has held that homebuilders have a duty imposed by law to construct a home “in a workmanlike manner using ordinary care,” despite the wording of any warranty document. The Supreme Court...
Wind and Hail Impacted Abilene and North Texas the Most in 2011
Mar 30 2012 // Allstate Wind and Hail Claims Jump 45% Statewide Last Year Hail and wind impacted more Allstate insured homes in the Abilene area and North Texas than in any other part of the state last year. Allstate tallied the top 25...
Louisiana Congressman Objects to Shifting Recovery Money to Dome
Mar 30 2012 // A New Orleans U.S. representative from the New Orleans area has objected to Louisiana Gov. Bobby Jindal administration’s plan to redirect federal hurricane recovery money from housing aid programs to Superdome...
