Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
North Carolina to Hear Dwelling Fire Rate Hike
Mar 7 2011 // North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that...
New Louisiana Online Auto, Homeowners Rate Guides Available
Mar 3 2011 // Louisiana Commissioner of Insurance Jim Donelon announced that the 2010 online auto and homeowners rate comparison guides are now available for viewing on the Department of Insurance Web site at www.ldi.la.gov. The...
Louisiana Insurance Commissioner: Rebates, Incentives Available to Homeowners
Mar 1 2011 // Louisiana Insurance Commissioner Jim Donelon wants property insurance policyholders in his state to claim a possible rebate for the assessment from Louisiana Citizens Property Insurance Corp., and homeowners to take...
Industry Files Dog Exclusions for Homeowners Policies
Feb 28 2011 // A national insurance advisory organization is filing three endorsements to allow insurers to exclude personal and umbrella liability coverage for injury or damage arising from dogs. The American Association of Insurance...
Homeowners Choice Begins Expansion to Alabama
Feb 23 2011 // Homeowners Choice, Inc. a Florida-based insurance holding company, has taken initial steps to enter the Alabama homeowners insurance market, its first market outside of Florida. According to the company, it expects to...
Missouri: Consumers not Being Protected with Earthquake Insurance
Feb 23 2011 // On the 200th anniversary of the great New Madrid earthquake, Missouri’s insurance director says most homeowners would not be adequately protected from an earthquake today. John M. Huff, director of the Missouri...
57 South Carolina Homeowners Receive Mitigation Grants
Feb 23 2011 // South Carolina insurance officials this week awarded 57 grants to coastal homeowners for use in installing new roofing systems and taking other steps to fortify their homes against hurricanes. State Insurance Director...
Louisiana AG: Repairs on Homes with Chinese Drywall Set to Begin
Feb 22 2011 // About 109 Louisiana homeowners impacted by defective drywall will soon see relief as plans are finalized to start the first home repairs, under a court approved pilot remediation program, Attorney General Buddy Caldwell...
Alabama Governor Vows Special Session on Coastal Insurance
Feb 22 2011 // Alabama Gov. Robert Bentley has renewed a campaign pledge to call a special session of the state legislature to find a solution for coastal residents seeking homeowners insurance. “I have made a commitment, and...
New Orleans’ 17th Street Canal Suit May Go to Federal Court
Feb 21 2011 // A lawsuit over property rights along New Orleans’ 17th Street Canal, a canal that broke during Hurricane Katrina, may be headed to federal court. In January, homeowners with backyards along the 17th Street Canal...
Florida Homeowners Settle Bombing Range Lawsuit for $1.2 Million
Feb 18 2011 // Homeowners in a southeast Orlando subdivision have settled a class-action lawsuit against a homebuilder for $1.2 million. An attorney for the residents in the Newport subdivision said the settlement was reached last week...
Allstate Profit Falls as Auto, Catastrophe Claims Rise
Feb 10 2011 // Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes took their toll. Allstate’s fourth quarter 2010 net profit was $296 million compared...
Mercury Insurance Suffers $23.6M Net Loss
Feb 8 2011 // Due in part to claims from California rainstorms and Florida sinkholes, Los Angeles-based Mercury Insurance reported a fourth quarter net loss of $23.6 million, compared with net income of $34.2 million for the same period...
Mercury General to Exit Florida Homeowners Market
Feb 7 2011 // Citing fourth quarter losses in Florida of $19 million, Mercury General said it would begin the process of withdrawing from the state’s homeowners insurance market. The company said it will send the mandatory 180-day...
Oregon Credit Score Law Cuts Insurance Rates
Feb 7 2011 // Thousands of Oregonians are enjoying lower insurance premiums as a result of a year-old credit scoring law, according to a recent survey by the Department of Consumer and Business Services (DCBS) Insurance Division. The...
Chinese Drywall: Cracks in Coverage Claims?
Feb 7 2011 // Although not in the national news as much lately, Chinese drywall continues to disrupt the lives and finances of thousands of homeowners and other users of the product. In the courts, homeowners are fighting to obtain...
Wildfires Destroy Homes in Western Australia
Feb 7 2011 // Wildfires tore through the suburbs of an Australian city on Sunday, destroying a number of homes, news reports and authorities said. There were no reports of injuries. Two fires fanned by hot summer winds were burning in...
Berkshire Hathaway Homestate to Provide Workers’ Comp Nationally
Feb 3 2011 // The Berkshire Hathaway Homestate Companies (BHHC) now has the ability to provide workers’ compensation coverage to their clients in every state that allows private insurers to compete for business. Currently, BHHC...
State Farm Florida Seeks 28% Home Insurance Rate Hike
Feb 1 2011 // State Farm of Florida is requesting a statewide average 27.7 percent homeowners insurance rate increase citing the rising costs of sinkhole claims. The request comes as Florida lawmakers are trying to broker a deal over...
Texas Insurance Commissioner Geeslin to Step Down
Jan 24 2011 // Texas Insurance Commissioner Mike Geeslin announced in early January that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Commissioner Geeslin has been with TDI for...
