Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Rates Rising But Florida Home Insurers Report Still Losing Money
Dec 28 2010 // Many Florida homeowners expected relief from the higher property insurance bills that followed the busy 2004 and 2005 hurricane seasons. But more than 4 million homeowners are about to get hit by rate hikes and...
Insurers’ Recent Success a Milestone in a Year of Chinese Drywall Litigation
Dec 23 2010 // A federal judge in Louisiana recently let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from the installation of defective drywall from China off the hook for coverage from those...
Top Holiday Mishaps: Are Your Clients Covered?
Dec 21 2010 // The Rocky Mountain Insurance Information Association is warning the industry that the holiday season at times can set the stage for for a not so merry celebration. “It’s a good idea to make sure [consumers] are...
Insurance Vital to Alabama Coast Long-Term Plan, Says Commission
Dec 21 2010 // Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover...
Louisiana’s Terrebonne Parish Demolishing Storm Damaged Homes
Dec 17 2010 // Terrebonne Parish is planning to demolish about 450 hurricane-damaged homes, mostly in low-lying bayou communities. Parish officials said the structures will be torn down this spring because they are in such dilapidated...
Allstate Raises Homeowner Insurance Rates
Dec 16 2010 // Allstate Insurance has notified the Texas Department of Insurance that it will increase homeowner rates — some by almost 10 percent. About 450,000 homeowners covered by Allstate Texas Lloyds will see a rate increase...
First Home Seeks 39% Rate Hike in Florida
Dec 7 2010 // Florida officials will hold a hearing today on a proposed statewide average home insurance rate hike of 39.3 rate increase for First Home Insurance Co., a Florida domiciled insurance company based in Maitland,...
Fireman’s Fund Expands Green Credit For Oregon Homeowners
Dec 7 2010 // Fireman’s Fund Insurance Co., the nation’s first provider of green insurance, has expanded the credit for green homeowners in Oregon to include certification by Earth Advantage. Fireman’s Fund is offering...
Network Matches At-Home Insurance Retirees with Employers
Dec 5 2010 // Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept As more and more experienced insurance agency and carrier employees discover their retirement income isn’t what they thought it would be, many are happy...
North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?
Dec 5 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...
Louisiana Citizens Sheds Homeowners Policies
Dec 5 2010 // Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed by the private insurance market, according to state Insurance Commissioner Jim...
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...
