Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
North, South Carolina Coastal Insurance Plans Ready for Hurricane Irene
Aug 24 2011 // Caught square in the path of Irene, the first major hurricane of the season, the coastal insurance plans in North and South Carolina are prepared to absorb what may be their first major losses in years. Both plans appear...
IIABNY Issues Timely Warning on Earthquake Insurance Coverage
Aug 24 2011 // The Independent Insurance Agents & Brokers of New York has issued a timely warning in the wake of the earthquake that struck the east coast yesterday afternoon, which affected many New York residents. The IIABNY...
California Targets Law Firms It Says Preyed On Struggling Homeowners
Aug 22 2011 // California has broken up what it called a ring of law firms that fraudulently induced struggling homeowners nationwide to pay thousands of dollars each to file mass lawsuits against their mortgage lenders. Kamala Harris,...
Illinois Court: Homeowner Suit Against Flood Determination Firm May Proceed
Aug 19 2011 // A flood determination company may be sued by Illinois homeowners for failing to determine the couple’s home was in a flood plain, a state appeals court has found. The Illinois Court of Appeals for the Third District...
Universal Insurance Enters Georgia Homeowners Market
Aug 18 2011 // Georgia residents will soon have another choice when it comes to purchasing homeowners insurance. Universal Insurance Holdings Inc. has announced that its wholly-owned subsidiary Universal Property & Casualty Insurance...
Ohio Insurance Director: Auto, Homeowners Rates Still Competitive
Aug 17 2011 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio’s average auto and homeowners insurance rates are among the most competitive in the United States. The department annually compiles...
Texas Investigates Buyouts of Homes Damaged by Ike
Aug 17 2011 // Disagreements among homeowners in an exclusive Galveston Island beach community have led to a fraud investigation involving a $25 million federal buyout program for houses damaged by Hurricane Ike in 2008. The state-run...
Michigan Man Loses Bid to Have Insurer Pay for Stem Cell Surgery
Aug 15 2011 // A motorcycle wreck turned a Lenawee County man into a paraplegic. Desperate for any relief, he chose stem-cell surgery in Europe, a procedure that may have improved his health but left him with a $51,000 bill. Now, after...
California Allows Homeowners Insurance for Cars
Aug 15 2011 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
40 Homes Destroyed in Deadly Okla. Wildfire
Aug 14 2011 // Residents in Pawnee County, Okla. have started to sift through the ashes following a wildfire that destroyed nearly 40 homes and may have done up to $20 million worth of damage, according to official estimates. Dozens of...
Allstate Reports High Catastrophe Losses, Increased Revenues for Q2
Aug 1 2011 // Allstate Corp. reported improved underlying profitability across all business lines for the second quarter quarter, but those gains were more than offset by $2.3 billion in record second quarter catastrophe...
Considerations for Homeowners on the Coast
Aug 1 2011 // As we make our way toward the midway point of the annual hurricane season, consumer questions regarding coastal properties are on the rise. Hurricanes make great TV. When you get past the hype that the media can bring to...
Post-Loss Assignments of Claims Under Insurance Policies in Louisiana
Jul 27 2011 // In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed...
Floridians Await Chinese Drywall Settlement Monies
Jul 21 2011 // Florida residents whose homes were built by inferior Chinese drywall stand to gain a total of $55 million, but no one can say right now how much any individual homeowner might actually collect. A federal judge approved a...
Post-Loss Assignments of Claims Under Insurance Policies
Jul 18 2011 // In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed...
Hawaii Regulator Orders Homeowners Insurers to File New Rates
Jul 18 2011 // Hawaii Insurance Commissioner Gordon I. Ito has ordered all homeowner insurers to submit new rate filings after a Insurance Division review found that rates were “excessive” when compared to National...
Risky Decisions
Jul 18 2011 // All the devastation from natural disasters that have occurred across the nation in recent months illuminates the fact that many, many homes across the United States are either uninsured or underinsured. Violent weather,...
Oklahoma Lawmaker Promotes Program for Distressed Homeowners
Jul 14 2011 // The clock is ticking on a federal program designed to assist distressed homeowners who have experienced a drop in income of at least 15 percent directly resulting from involuntary unemployment or underemployment due to...
PURE to Offer High-Value Homeowner Coverage in Michigan
Jul 13 2011 // Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, has expanded to offer property and casualty insurance coverage to owners of high-value homes in Michigan. Benefits include $50,000 of...
Pennsylvania Homeowners Sue Gas Driller over Water Well
Jul 13 2011 // A western Pennsylvania couple has sued a natural gas driller claiming its activities contaminated their water well. The Johnstown Tribune-Democrat reports that Chester and Edith Slesinger are suing T&F Exploration LP...
