Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
State Farm Homeowners Rate Increase Denied in Louisiana
Feb 21 2010 // Louisiana Insurance Commissioner Jim Donelon declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1 percent. State...
Idaho Home Insurance Costs Lowest in Nation
Feb 21 2010 // Idaho homeowner insurance is the least costly in the nation, averaging $422 per year, according to a nationwide survey. This compares to an average $822 countrywide. The Gem State also had among the lowest average rates...
Getting Back to Nature Requires Getting Proper Farm Insurance
Feb 21 2010 // Mr. and Mrs. Everyman and their family have decided to get back to nature. They are proud owners of a country home with 25 acres and a barn. Their insurance agent has covered the new home and property with a traditional...
Risks in a Bad Economy
Feb 21 2010 // Agents Take Note of New Errors and Omissions Exposures The current economic turmoil is wreaking havoc across the board. Businesses are downsizing or going out of business. Families are suffering from lost jobs and...
Agents Encouraged to Review Flood Risk in Minnesota
Feb 18 2010 // With the potential for serious flooding in the Red River, Minnesota and possibly Mississippi river valleys this spring, Governor Pawlenty is reminding insurance agents to talk with their homeowners customers about optional...
On Average, Texas Homeowners Rates Are Down, Agents Group Says
Feb 7 2010 // Reduction Is in Cost per $1,000 in Property Value There’s a common perception that homeowners insurance rates in Texas go up and up, and never come down. That’s not necessarily true, however, according to the...
Mississippi Homeowners Learning How Credit Score Affects Insurance Premium
Feb 5 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...
Agents’ Group: On a Cost per Home Value Basis, Texas Rates Are Down
Feb 2 2010 // Texas insurance agents — want to show your customers that the common perception that homeowners rates in Texas always go up but never come down is false? Look to your agency management system, say educators from the...
Florida’s United Insurance to Expand Into 7 Northeast, Southeast States
Feb 2 2010 // United Property & Casualty Insurance Co. in Florida said it is seeking approval to write homeowners insurance in Massachusetts, Connecticut, Rhode Island, New York, North Carolina, South Carolina and New Jersey. The...
Homes Evacuated in San Antonio as Retaining Walls Give Way
Jan 26 2010 // A soil shift in northwest San Antonio led to the evacuation of dozens of homes over fears that two retaining walls could collapse near widening gaps. Engineers are trying to try to determine why the soil is giving way,...
Nationwide Seeks 11.7% Homeowner Insurance Increase in Mississippi
Jan 22 2010 // Nationwide Insurance has proposed a 11.7 percent increase in homeowner insurance premiums statewide. The rate request will take effect April 15 unless Insurance Commissioner Mike Chaney denies it or has...
North Carolina Court Hears Challenge to Coastal Insurance Rate Hike
Jan 19 2010 // A North Carolina appeals court is weighing whether to freeze or even reverse homeowners’ insurance premiums that soared by up to almost 30 percent along the coast while sliding by a third in counties farthest from...
Only 20% of Oregonians Insured for Earthquake Risks
Jan 19 2010 // Although Oregon is among the states at highest risk for a major earthquake, only about 20 percent of Oregonians have earthquake insurance, according to a Department of Consumer and Business Services (DCBS)...
Louisiana Citizens Shedding More Homeowners Policies
Jan 19 2010 // Louisiana Citizens Property Insurance Corp., which insures homes and commercial properties shunned by private companies, continues to shed policies. The company’s chief executive officer, John Wortman, said he hopes...
Unusual Cold Spell Imperils Florida Crops, Homes
Jan 13 2010 // Here’s something you don’t often see in this town at the heart of the state’s $9 billion citrus industry: a sign at the public library that says, “ICE! On sidewalk. Be careful!” Growers were...
New York Orders Two Insurers to Reinstate 260 Policies
Jan 10 2010 // The New York State Insurance Department has ordered insurers Homesite Insurance Co. and Security Mutual Insurance Co. to reinstate 260 homeowners’ policies across the state. Regulators say the insurers improperly...
Auto Premiums Decline in Ohio; Homeowners Rates Rise
Jan 10 2010 // The Ohio Department of Insurance reports that auto insurance rates in that state declined for the third consecutive year but homeowners rates have risen slightly. The department based its assessments on data released by...
Texas, Louisiana Homeowners Insurance Pricey; Florida Most Expensive
Jan 10 2010 // Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium...
HUD Helps Virginia Homeowners with Suspect Drywall
Jan 7 2010 // Some families in Virginia whose homes were built with suspect drywall from China may be eligible for assistance to help rehabilitate their properties. To qualify, families must have insurance through the Federal Housing...
Florida Peninsula to Acquire Home Insurer Edison
Jan 5 2010 // Boca Raton-based Florida Peninsula Holdings has agreed to acquire another Florida property insurer, Edison Insurance Group, including its two subsidiaries, Edison Insurance Co. and Edison Insurance Underwriters. The...
