Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New NIP Program Targets Funeral Homes Nationwide
Dec 8 2009 // NIP Programs, a division of NIP Group, Inc., has a new specialty insurance program designed to serve the funeral industry nationwide. The new program is called FuneralPro and covers property, business autos like limos and...
Fraudulent Claims from Hailstorm on the Rise in El Paso
Dec 7 2009 // That fraudulent insurance claims related to a severe hailstorm that hit the city of El Paso, Texas, on Sept. 16 are on the rise comes as no surprise to Ray Niblett. Niblett, an investigator for the National Insurance Crime...
Rate Hikes for Florida Citizens’ ‘High Risk’ Properties Approved
Dec 6 2009 // Florida Insurance Commissioner Kevin McCarty has approved rates hikes for about 330,000 of Citizens Property Insurance Corp.’s so-called high-risk coastal property accounts. The statewide average increases include a...
Foremost Insurance Expands Dwelling Fire Program in 3 States
Dec 1 2009 // Foremost Insurance Group announced it is expanding its dwelling fire program in Montana, Nebraska and Tennessee, effective Dec. 1, 2009. Typically known as the solution for hard-to-place landlord and owner-occupied...
Louisiana Commissioner: Help Available for Victims of Chinese Drywall
Nov 24 2009 // Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the...
Florida Approves Rate Hikes for ‘High Risk’ Coastal Properties
Nov 22 2009 // Florida Insurance Commissioner Kevin McCarty has approved rates hikes for about 330,000 of Citizens Property Insurance Corp.’s so-called high-risk coastal property accounts. The statewide average increases include a...
Best Affirms Balboa and Group Members ‘A’ Ratings
Nov 20 2009 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Balboa Insurance Group and its P/C members: Balboa Insurance Company...
National Lloyds Launches Texas Presidential Homeowners Product
Nov 18 2009 // Waco, Texas-based National Lloyds Insurance Company has introduced the Presidential Homeowners Program, targeting owner/primary residence properties in Texas. According to the company’s announcement, the new program...
Bill Would Protect Insureds With Defective Drywall Complaints
Nov 18 2009 // U.S. Congressman Charlie Melancon of Louisiana has introduced federal legislation that would prevent insurance companies from cancelling or failing to renew homeowners’ policies as the result of Chinese drywall in...
Chinese Drywall Link to Home, Health Woes Remains Mystery
Nov 15 2009 // Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that...
Flooded Georgia Homeowners Seek Buyouts from Cobb County
Nov 15 2009 // Many Cobb County homeowners in Georgia say they’d like the county to buy their flood-damaged homes, but a county official says it’s impossible to accommodate all of them. About 300 people gathered at a...
Florida Property Rate Changes Approved
Nov 15 2009 // The average rate increases approved for Florida’s Citizens: Personal Lines Homeowners: 5.4 percent Dwelling Fire: 8.8 percent Mobile Homeowners: 1.7 percent Mobile Home Physical Damage: 2.1 percent Commercial...
Florida Approves 5.4% Citizens Homeowners Rate Hike for 2010
Nov 15 2009 // Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze the rates of Citizens...
Chinese Drywall Link to Home, Health Woes Remains Mystery
Nov 15 2009 // Federal investigators have been unable to prove a definite link between imported Chinese drywall, and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said...
Florida Weighs Citizens’ Rate Hikes for High-Risk Accounts
Nov 10 2009 // Owners of nearly 420,000 high risk properties in Florida could see their insurance premiums rise next year. State-backed Citizens Property Insurance Corp. has requested an average 7.5 percent hike for homeowners with...
Florida’s Citizens Reconsiders, Renews House With Chinese Drywall
Nov 1 2009 // Florida’s state-backed property insurer has taken a second look at a home with corrosion from defective Chinese drywall and decided to renew its homeowners’ insurance policy on the house after all. Citizens...
Florida’s Homeowners Choice Has Eye on Merger with 21st Century Holding
Nov 1 2009 // Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12...
21st Century Holding Targeted by Florida Insurer
Nov 1 2009 // Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12...
Flooded Georgia Homeowners Seek Buyouts by Cobb County
Oct 30 2009 // Many Cobb County homeowners say they’d like the county to buy their flood-damaged homes, but a county official says it’s impossible to accommodate all of them. About 300 people gathered at a recreation center...
Homeowners Choice to Pick Up American Keystone Business in Florida
Oct 30 2009 // Homeowners Choice, Inc. reports it has been selected as the replacement home insurer for policyholders of American Keystone Insurance Co., which was placed into receivership earlier this month. All of American...
