Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Up to 300 More Homes to Be Repaired in Knauf Chinese Drywall Settlement
Nov 18 2011 // A new settlement has been reached with Knauf Plasterboard Tianjin (KPT) over defective drywall manufactured by the company in China. The Plaintiffs’ Steering Committee (PSC), the Homebuilder Steering Committee (HSC)...
Louisiana Citizens Drops Nearly 11K Policies in 5th Round of Depopulation
Nov 17 2011 // Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say. Louisiana Insurance Commissioner Jim Donelon...
Florida’s Citizens Seeks Lawmakers’ Help to Raise Rates, Shrink Size
Nov 16 2011 // Florida’s largest property insurer wants sweeping changes — including the ability to charge higher rates — in the coming year. It may be a hard sell during a contentious election year, but the board that governs...
What Options Do HomeWise Customers Have in Homeowners Choice Deal?
Nov 14 2011 // Florida policyholders of HomeWise Insurance should not see dramatic changes in their renewal premium if their policies are taken over by Homeowners Choice, according to the company official. The policyholders have the...
Bank of North Dakota May Offer Homeowners Low-Interest Disaster Loans
Nov 10 2011 // A key provision in the North Dakota Legislature’s disaster aid bill would provide low-interest, unsecured loans of up to $30,000 for homeowners hit especially hard by this year’s flooding, the Bank of North...
Homeowners Choice Assumes HomeWise Policies in Florida
Nov 8 2011 // Homeowners Choice Property and Casualty Insurance Co. said it has acquired HomeWise Insurance Co.’s book of business in Florida. Approved by state regulators, the deal adds 70,000 Florida homeowners to Homeowners...
Home Insurance Rates Do Not Reflect Cost of Risk: Aon Benfield
Nov 7 2011 // U.S. insurers’ prospective after-tax return on equity for homeowners’ insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates...
Top 10 Risky Industries to Avoid
Nov 7 2011 // Future Looks Brighter for Overall Economy But These Top Industries Will Be Left Behind, Says IBISWorld As the United States inches toward recovery, there are several industries that aren’t expected to improve along...
FEMA Agrees to Re-Inspect North Carolina Homes
Nov 4 2011 // The Federal Emergency Management Agency says its flood insurance arm will re-inspect more eastern North Carolina homes and businesses damaged during Hurricane Irene after owners complained claims adjusters weren’t...
50 Homes Added to Louisiana Hurricane Repair Program
Oct 28 2011 // Fifty additional homes have been added to a federal repair program for people in St. John the Baptist Parish, Louisiana, whose houses were damaged by Hurricanes Gustav and Ike. The Times-Picayune reports the parish council...
Home Insurance Rates Do Not Reflect Cost of Risk: Aon Benfield
Oct 24 2011 // U.S. insurers’ prospective after-tax return on equity for homeowners’ insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates...
Align Taps Former Berkshire Hathaway Homestate Cos. President
Oct 21 2011 // Align General Insurance Agency Inc. has named Rod Eldred senior vice president. Eldred will lead the company’s new workers’ compensation division and the expansion of San Diego, Calif.-based Align’s...
Alfa Insurance Ties Homeowners Coverage to Auto in Alabama
Oct 21 2011 // Alabama residents who have their homeowners insurance through the state’s second largest property insurer must now include their auto coverage as part of their insurance package. Alfa Insurance Co. announced it will...
Georgia Court to Weigh Alligator Claim Against Homeowners Association
Oct 21 2011 // A divided Georgia Supreme Court has decided to hear arguments in a case involving a woman found dead in a lagoon that was home to an eight-foot alligator in a subdivision near Savannah. Heirs of 83-year-old Gwyneth...
Study: Improved Fire Protection Could Mean Insurance Savings for Oklahoma Homeowners
Oct 18 2011 // If Oklahoma communities improve fire protection services it could result in major savings on homeowners’ policies for local families, according to presenters at a recent legislative study. “There are some very...
Few Keep Inventory of Home Property
Oct 17 2011 // It only takes one fire, tornado or hurricane to completely destroy everything you own. Insurance adjusters frequently work with homeowners who have lost everything, but for those who have not taken an inventory of their...
Homeowners Insurance Contributes to Settlement in Wisconsin Polka Suit
Oct 17 2011 // A Chippewa Falls, Wis., polka musician has won a court battle involving his ex-wife and her new husband, who he accuses of stealing one of his most popular tunes. Ray Rubenzer filed a federal copyright infringement lawsuit...
Homes Abandoned After Ike Remain in Texas City
Oct 14 2011 // The modest home on South Clover Street is, quite simply, a wreck. Waist-high ragweed chokes front and back yards. Rusting appliances and toys clutter the carport of the dilapidated structure, topped by a sagging patchwork...
IronHealth Introduces Adverse Health Survey Cost Coverage for Nursing Homes
Oct 14 2011 // IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced a companion policy for existing insurance clients to complement its suite of professional and general liability coverages for nursing home...
Florida’s Citizens Approves Rate Hikes Including for Sinkhole Coverage
Oct 14 2011 // Florida residents covered through the state’s largest homeowner insurer will soon pay more for coverage after the insurer ratified a number of rate hikes recently approved by regulators. The Citizens Property...
