Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
New Jersey Scraps Fee for Rebuilding Damaged Homes
Sep 24 2008 // Homeowners in New Jersey won’t have to pay the state an extra fee to rebuild their houses after a fire or flood. The state’s Council on Affordable Housing proposed an exemption. The council had come under fire...
Hurricane and Political Seasons Stir Up National Cat Plan Proposals
Sep 22 2008 // As Losses Mount for Insurers, More Proposals for a National Solution Emerge Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and...
Court Clashes over Katrina Wind Damage Winding Down in Mississippi
Sep 22 2008 // It took three years for Mississippi resident, Scott Gordon, to resolve the dispute that Hurricane Katrina spawned with his insurance company. Anything resembling a full recovery from the storm will take much...
Universal North America to Offer Homeowners Insurance in Hawaii
Sep 22 2008 // Hawaii Insurance Commissioner J.P. Schmidt announced a new insurance option for homeowners: Universal North America Insurance Co. will offer homeowners (including hurricane option), dwelling, fire and flood policies in the...
North Carolina County to Buy Flood-damaged Homes
Sep 19 2008 // Mecklenburg County, N.C. could spend more than $4 million to buy as many as 50 homes that suffered serious flood damage after Tropical Storm Fay and other storms. The Charlotte Observer reported Sept. 17 the voluntary...
Why Flood Policy Should Not Include Wind Coverage
Sep 19 2008 // Reuters reports that Representative Barney Frank (D – Mass.) has introduced a bill to extend the National Flood Insurance Program (NFIP) seven months beyond the scheduled September 30, 2008, expiration date to allow...
