Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New Jersey Residents Say Flood Buyout Programs Fall Short
Jan 30 2012 // State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier...
Lawmaker: Oklahoma Bill Would Help Homeowners with Insurance Claims
Jan 26 2012 // A bill filed in Oklahoma aims to help homeowners with insurance claim payments issued through mortgage companies. Legislation filed by Oklahoma state Rep. Charles Ortega would give mortgage companies no more than 10 days...
Illinois Nursing Homes to Get $110M in Federal Aid
Jan 26 2012 // Illinois is getting $110 million from the federal government to improve safety and staffing at nursing homes, Gov. Pat Quinn said. The money is supposed to address poor supervision of sometimes-dangerous psychiatric...
Missouri Regulators Recover a Record $21M from Insurers in 2011
Jan 26 2012 // Missouri insurance regulators say they returned a record amount in claims recoveries to consumers in 2011. An additional $21 million was recovered from insurance companies by the Missouri Department of Insurance on behalf...
Mass. AG Calls Proposed Homeowners Premium Hike ‘Illegally Excessive’
Jan 25 2012 // Massachusetts Attorney General Martha Coakley is opposing a recently proposed home insurance rate request for 150,000 consumers, calling it illegally excessive. Mass. Attorney General Martha Coakley. Photo credit: Attorney...
Allstate Wants a Rate Increase in Louisiana
Jan 25 2012 // Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. According to the state insurance department, Northbrook, Ill.-based Allstate wants an...
Alabama Rescuers Search Homes for Tornado Survivors
Jan 24 2012 // Searchers in the Birmingham area were going from house-to-house early Monday in an effort to rescue people trapped in their homes after storms moved across the Midwest and South, prompting tornado warnings in a handful of...
Best Affirms American Modern Home Insurance and Subs Ratings
Jan 23 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Ohio-based American Modern Home Insurance Company (AMHIC) and its...
Reno Wildfire That Destroyed 29 Homes Contained
Jan 23 2012 // The wildfire that destroyed 29 homes near Reno is contained. Thousands of evacuees are back home. And the family of the woman found dead says there’s no point in prosecuting the remorseful man who accidentally...
Agents Creating At-Home Insurance Jobs for Disabled Veterans
Jan 23 2012 // For insurance agents Gary Trippe and Jim Pender, the idea for DVIC, or Disabled Veterans Insurance Careers, which aims to provide disabled veterans with employment in insurance, evolved in part from their own personal...
N.Y. Examines Banks for Force-Placed Insurance
Jan 23 2012 // New York financial regulators are reportedly investigating several major banks to find out whether they fraudulently steered homeowners into more expensive home insurance. According to The New York Times, the office of...
Texas Tornadoes Hit Homes, Mall
Jan 23 2012 // Forecasters say two tornados hit the Houston area during early January thunderstorms that flooded roads and knocked out power. The National Weather Service said a tornado with 95 mph winds touched down on Jan. 9 in Mission...
Report: Louisiana Homeowners Insurance Rates Rising More Slowly
Jan 16 2012 // Homeowners insurance premiums in Louisiana remain among the nation’s highest, but are rising much more slowly than they did in the first two years after Hurricane Katrina, new data from by the National Association of...
Report: N.Y. Regulators Examine Banks Over Force-Placed Home Insurance
Jan 11 2012 // New York financial regulators are reportedly investigating several major banks to find out whether they fraudulently steered homeowners into more expensive home insurance. According to The New York Times, the office of...
South Carolina Judge Grants Initial OK for Class Action Over Sun City Homes
Jan 10 2012 // A South Carolina judge has granted preliminary class-action status to lawsuits alleging defective stucco work on homes in Sun City Hilton Head. The Island Packet of Hilton Head reported that Judge J. Michael Baxley issued...
More Louisiana Property Owners Move to Private Insurers
Jan 9 2012 // Fresh data shows Louisiana’s insurer of last resort keeps churning away on getting private insurers to pick up policyholders, a problem largely stemming from the 2005 hurricanes. For policyholders of Louisiana...
North Carolina Cuts Dwelling Fire Rates
Jan 9 2012 // Residents in North Carolina will see a rate decrease for their dwelling fire coverage but no change in the cost of their dwelling extended coverage. North Carolina Insurance Commissioner Wayne Goodwin has ordered a...
Higher Homeowners Insurance Rates on the Horizon in Texas
Jan 9 2012 // Two insurers that together hold the lion’s share of the homeowners insurance market in Texas are either in the process of raising rates or have filed for increases. Insurance Commissioner Eleanor Kitzman on Dec. 1,...
State Auto Enters Quota Share Agreement for Homeowners Business
Jan 5 2012 // State Auto Financial Corp., based in Columbus, Ohio, announced that the State Auto Group has entered into a quota share reinsurance agreement with a syndicate of reinsurers covering its homeowners book of business. The...
Fatal Connecticut Fire Reminds Homeowners of Ash Dangers
Jan 3 2012 // Fire safety officials are warning homeowners about the dangers of fireplace ashes after a Christmas morning blaze that killed five people in Connecticut. Authorities say the fire in Stamford was caused by a bag of...
