Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New South Carolina Lab will Test Full-size Homes in Wind, Hail
Oct 23 2008 // Property and casualty insurers are hoping a new facility coming to South Carolina will do for home building what crash-test dummies have done for car safety. The Institute for Business and Home Safety announced a $27...
Allstate Posts $923M Net Loss for Q3
Oct 23 2008 // Catastrophe losses and the global financial crisis contributed to a $923 million net loss for the third quarter of 2008, which reflects an operating loss of $190 million and net realized capital losses of $728 million, The...
Insurers’ Study Warns on North Carolina Beach Plan Deficit
Oct 21 2008 // The Property Casualty Insurers Association of America unveiled results of an independent report which found that the North Carolina Insurance Underwriting Association, a.k.a. the Beach Plan, is not financially prepared to...
PURE Approved to Sell Homeowners Coverage in New York
Oct 21 2008 // White Plains, N.Y.-based Privilege Underwriters Reciprocal Exchange (PURE) has received approval from the New York State Insurance Department to begin offering homeowners and other personal lines insurance in The Empire...
Florida-based Homeowners Choice Assumes 45,000 Citizens Policies
Oct 17 2008 // Homeowners Choice Inc., a Florida-based insurance holding company, reported that its wholly-owned subsidiary, Homeowners Choice Property & Casualty Insurance Co. Inc., assumed approximately 45,000 homeowners’...
Union General Offers High-Valued Homeowners Program
Oct 13 2008 // Union General Insurance Services Inc. of Concord, Calif., has a high-valued homeowners program. Standard and nonstandard HO-3, HO-8 (limited homeowners), HO-4 (tenant packages), DP-1 and DP-3 programs are available and are...
Wildfire Threatens Homes, Wineries in Napa Valley
Oct 13 2008 // Hundreds of firefighters are battling a wildfire that is threatening homes and wineries in California’s Napa Valley. Fire officials say the blaze burned 300 acres in the hills by Saturday, Oct. 11, 2008, evening just...
Deadlines Near for Renewing Katrina, Rita Flood Insurance Policies
Oct 13 2008 // Flood insurance policies are about to expire for nearly 36,300 Louisiana homeowners affected by hurricanes Katrina and Rita. The federal government bought policies for those homeowners after the 2005 storms. The Federal...
US Credit Crisis Threatens New Orleans’ Recovery
Oct 9 2008 // A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating road work, new construction and repairs to homes and businesses that...
Conning Research: Challenges Looming for Homeowners Insurance
Oct 8 2008 // The five-year period spanning from 2003-2007 served the homeowners insurance line favorably after the dismal 20-year period that preceded it, and return on surplus for the line averaged an estimated 11 percent for those...
Satisfaction with Home Insurance Flat But Gains with Auto
Oct 7 2008 // The gap in customer satisfaction between homeowners and auto insurance providers has steadily widened since 2004, with homeowners insurance customer satisfaction remaining essentially flat during the past five years,...
Louisiana Lawmakers Seek Limit on Named Storm Deductibles
Oct 7 2008 // Key Louisiana lawmakers plan to challenge property insurers by trying to limit the special deductibles they can impose when homes are damaged by tropical storms and hurricanes. The so-called “named-storm”...
Renewal Rights Agreement Bolsters Narragansett Bay in New York
Oct 7 2008 // Narragansett Bay Insurance Co. has entered into a renewal rights agreement with Adirondack Insurance Exchange that should bring to the company 4,500 Long Island homeowner’s policies with approximately $10 million in...
Iowa Town to Give $1 Million in State Flood Aid Directly to Homeowners
Oct 6 2008 // Waterloo, Iowa got its flood money. Now, the city has to figure out what to do with it. The city council voted on October 2 to approve more than $1 million in aid from state agencies. Mayor Tim Hurley says now he and his...
ID Theft Insurance: Oasis or Mirage?
Oct 6 2008 // Is It Worth Recommending to Valued Agency Clients? A client concerned about identity theft might consider moving to the Dakotas. It’s best to stay away, however, from Arizona, California, Nevada, Texas, Florida and...
Federal Report Finds Violations at Most Georgia Nursing Homes
Oct 3 2008 // The Department of Health and Human Services found that nearly 90 percent of Georgia nursing homes violated federal standards for health and safety last year. The state was on par with the national average of 92 percent of...
‘Green’ Homeowners Insurance Available in Georgia
Oct 2 2008 // Georgia homeowners who use environmentally friendly solar panels and recycled building materials on their houses can now get insurance specially designed for “green” homes, according to state officials. The...
Adjusters Working Ike Claims from Texas Coast to Arkansas Border
Oct 2 2008 // Thousands of insurance claims adjusters are examining the damage left behind by Hurricane Ike from the Texas coast to the Arkansas border, the Insurance Council of Texas (ICT) reported. Millions of dollars in insurance...
Insurers Weigh-in on North Carolina Committee’s Beach Plan Analysis
Oct 1 2008 // A North Carolina joint legislative study committee began hearings on Sept. 30 regarding the financial health of the state’s Insurance Underwriting Association, a.k.a. the Beach Plan. The Joint Select Study Committee...
Access General Agency Launches New Web Site
Sep 30 2008 // Woodbury, NY, September 30 2008 – Access General Agency (AGA), the leading provider of homeowners insurance solutions to independent brokers in the United States, has launched a brand new fully-interactive web site...
