Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Farmers Insurance Files for Homeowners Rate Hike in Texas
Dec 5 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners insurance coverage in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about...
Auto, Homeowners Insurance Costs in Ohio Well Below National Average
Nov 30 2010 // Ohio consumers pay $226 less for homeowners insurance than the U.S. average and nearly $167 less for auto insurance than the U.S. average, according to a report updated by the Ohio Insurance Institute (OII). The homeowners...
Farmers Insurance Files for Homeowners Rate Hike in Texas
Nov 29 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the...
Louisiana Citizens Sheds Homeowners Policies
Nov 23 2010 // Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed into the private insurance market, state Insurance Commissioner Jim Donelon...
North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?
Nov 16 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...
Hearing on Florida Peninsula Rate Hikes Today
Nov 16 2010 // Florida insurance regulators today will review proposed rate increases for one of the state’s largest property insurers. Florida Peninsula Insurance Co., ranked seventh largest property insurer, is seeking rate...
Island Insurance Introduces New Homeowners Multi-Policy Discount
Nov 9 2010 // Island Insurance Co. Ltd., Hawaii’s largest locally owned and managed property and casualty insurance carrier, has expanded its current multi-policy discount to include an additional discount on homeowners...
Tennessee Homeowners Can Sue Home Appraiser for Fraud
Nov 9 2010 // Home appraisers who overestimate the value of homes may be liable for fraudulent misrepresentation, the Tennessee Supreme Court has ruled. The state’s high court has overruled an appellate court that had held that...
North Carolina Court Rejects Counties’ Challenge to 2008 Homeowners Rates
Nov 3 2010 // Municipalities do not have standing to challenge decisions on insurance rates issued by the state insurance department, a North Carolina Court of Appeals has ruled. Twelve North Carolina counties, led by dare County, along...
New York Panel Hears Homeowners Reform Proposals
Nov 1 2010 // New York insurance regulators proposed a series of tweaks to the state’s coastal homeowners insurance market last month, but acknowledged it will probably be months before the state panel tasked with evaluating the...
300 Homes to Be Repaired in Settlement With Chinese Drywall Firm
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf...
Network Matches At-Home Insurance Retirees with Employers
Nov 1 2010 // Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept Because All Workers Are from U.S. As more and more experienced insurance employees discover their retirement income isn’t what they thought it would be,...
300 Homes to Be Repaired in Settlement With Chinese Drywall Firm
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf...
Californians Asked to Volunteer to Have Earthquake Sensors in Homes
Oct 29 2010 // Scientists want to know just how much shaking is going on in California house. The U.S. Geological Survey issued a request this week for volunteer homes in Southern California to host one of its earthquake sensors. The...
Allstate Sees Expenses Rise in Q3
Oct 29 2010 // Allstate Corp. on Wednesday reported that quarterly operating income fell 16 percent, missing analysts’ forecasts, as the largest publicly traded U.S. home and auto insurer lost existing customers and ramped up...
Florida Gubernatorial Candidates Sink, Scott Address Citizens, Safety
Oct 28 2010 // Florida Republican Rick Scott says that if he is elected governor he will require state-backed Citizens Property Insurance to stop offering multi-peril policies in order to bring its costs in line with premiums, while Alex...
U.S. Seeks China’s Help for Homeowners with Drywall Claims
Oct 27 2010 // The U.S. is hoping China will help persuade its manufacturers of tainted drywall to cooperate in helping homeowners fix their homes, the chairman of the Consumer Products Safety Commission said. Inez Tenenbaum, in Shanghai...
Texas Consumer Group: Voters Favor Homeowners Insurance Reform
Oct 20 2010 // The Austin-based consumer advocacy group, Texas Watch Foundation, says a statewide public opinion survey revealed that an average of 74 percent of voters are likely to vote for candidates who favor real home insurance...
Kentucky Homeowners Challenge Fire Service Subdistrict Tax
Oct 19 2010 // A dozen homeowners in central Kentucky have sued to challenge the legality of a fire protection subdistrict. The homeowners in northwestern Jessamine County contend the property tax that funds the North Jessamine...
New York Agents Group Praises Coastal Reform Plan
Oct 18 2010 // A key trade group for insurance agents in New York is lauding a proposal by regulators to reform the coastal homeowners insurance market in the state. The Independent Insurance Agents & Brokers of New York (IIABNY)...
