Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida Insurers Pin Hopes on Broad Bill Passed by Senate Panel
Mar 11 2010 // With the prospects for a controversial rate deregulation bill dimmed by Gov. Charlie Crist’s threat of a veto, the insurance industry is betting on a new wide-ranging insurance proposal to bring some reform to...
Powerful Tornadoes in Arkansas Damage Homes; Injuries Reported
Mar 11 2010 // Three powerful tornadoes touched down in Arkansas on March 10, damaging homes and injuring at least four people, Risk Management Solutions (RMS) has reported. According to National Weather Service, the first of the three...
House Panels Face Environmental, Insurer Groups Over Catastrophe Bill
Mar 10 2010 // Two House subcommittees have scheduled a joint hearing today on ways to address homeowners insurance costs in disaster-prone communities, an issue that has some environmentalists, taxpayer groups and insurers standing...
Florida’s Homeowners Choice Reports Profitable Q4, Year 2009
Mar 10 2010 // Homeowners Choice Inc., a Florida-based homeowners’ insurer, reported a profitable fourth quarter and year 2009. Net income for the fourth quarter of 2009 was $807,000, compared to net income of $5.1 million for the...
California Regulator Considering Regs to Alleviate Underinsurance
Mar 8 2010 // The California Department of Insurance is considering proposing new regulations governing standards and training for estimating replacement value on homeowners’ insurance. Among the ideas that was floated at a recent...
Insurers Restricting Coastal Exposure
Mar 7 2010 // The coastal home insurance market continues to tighten. State Farm is only writing a new homeowners policy in Mississippi if another is dropped and Allstate has stopped writing mobile homes on the South Carolina coast....
E&O Insights: Personal Lines Accounts
Mar 7 2010 // Uncover Inland Marine Exposures for Protection and Sales Opportunities Although heavy personal lines accounts are generally more favorable from an errors and omissions (E&O) standpoint, there is no doubt the potential...
Florida Lawmakers Block Sprinkler Mandate for New Homes
Mar 5 2010 // A Florida House committee wants to extinguish a proposed rule that would require fire sprinklers in many newly constructed homes. The House Governmental Affairs Policy Committee voted unanimously Wednesday for a bill that...
I.I.I.’s Hartwig Contrasts Impact of Chilean, Haitian Earthquakes
Mar 3 2010 // Why was he death toll over 200,000 when an earthquake struck Haiti, while so far less than 1000 people have died from the one that struck Chile, which was approximately 500 times more powerful? One of the answers lies in...
Safeco to Offer Homeowners Insurance with Wind Coverage in Mississippi
Mar 3 2010 // State Insurance Commissioner Mike Chaney says Safeco Insurance plans to offer homeowners insurance, including wind coverage, in south Mississippi. Chaney says the company will offer 500 to 1,000 homeowner policies wind...
Foremost Insurance Expands Dwelling Fire Program in Minnesota
Mar 2 2010 // Foremost Insurance Group has expanded its dwelling fire program in Minnesota as of March 1, 2010. Foremost will target standard and preferred landlord and rental property customers with new, larger discounts and an overall...
South Carolina Home Mitigation Program Reaches 1,000
Mar 2 2010 // A South Carolina program for coastal homeowners who have taken steps to shield their homes against hurricane winds has awarded more than 1,000 grants in two years. Scott Richardson, director of the South Carolina...
State Farm Follows ‘Lose-One, Write-One’ Policy in Mississippi
Feb 26 2010 // State Farm gave consumers one part of its policy change when it announced eight months ago it would resume issuing insurance policies in Mississippi. What the company didn’t say is it is writing policies on a...
Water Pipeline Protection Offered to Homeowners in Washington
Feb 25 2010 // Home Emergency Insurance Solutions will provide its Water Service Line Protection program directly to select area homeowners in Washington. The plan provides homeowners with emergency solutions for unexpected repairs to...
New Florida Legislative Session Faces Familiar Insurance Problems
Feb 24 2010 // Randi Schuknecht worried that her longtime, established insurance company was about to leave Florida — and leave her without a homeowner’s policy. So she found a new insurer — one she wouldn’t have...
PURE Expands High Value Home Coverage into Rhode Island
Feb 22 2010 // PURE Risk Management LLC is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer property/casualty insurance coverage on high value homes in Rhode Island. PURE will...
California Regulator Considering Regs to Alleviate Underinsurance
Feb 22 2010 // The California Department of Insurance is considering proposing new regulations governing standards and training for estimating replacement value on homeowners’ insurance. Among the ideas that was floated at a recent...
Florida Insurer Citizens Finds Inequities in Homeowner Discounts
Feb 22 2010 // Recent policyholder inspections by Citizens Property Insurance Corp. found some homeowners are getting more of a discount for fortifying their homes than they are eligible for. The state-backed insurer looked at 452...
Hanover to Exit Louisiana Homeowners Market, Then Re-Enter
Feb 22 2010 // In a move he says will prevent the addition of policies into Louisiana Citizens Property Insurance Corporation’s book of business, Louisiana Insurance Commissioner Jim Donelon has approved an agreement with The...
Mississippi Homeowners Learning Credit Score Link to Insurance
Feb 21 2010 // Mississippi Gulf Coast policyholders are well aware a hurricane is guaranteed to hike insurance rates, but fewer realize their credit reports also are factored into homeowner and automobile insurance premiums. Consumers...
