Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New Hampshire Insurance Dept: Track Tornado Tree Damage
Jul 28 2008 // New Hampshire residents facing downed trees on their houses or in their yards from Thursday’s tornado could face some hefty bills. A typical homeowner’s insurance policy in New Hampshire covers only $1,000 for...
Severe Storm Kills 1, Damages Homes in Central New Hampshire
Jul 25 2008 // New Hampshire Gov. John Lynch declared a state of emergency in Belknap, Carroll, Merrimack, Strafford and Rockingham counties due to damage from severe weather and thunderstorms. The violent storms killed one person in the...
Tokio Marine to Acquire Philadelphia Insurance for $4.7 Billion
Jul 23 2008 // Japan’s Tokio Marine Holdings, Inc. reported that it has agreed to acquire all outstanding shares of Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and...
Mold Found in FEMA Mobile Homes in Indiana, Iowa
Jul 23 2008 // The discovery of mold in federally provided mobile homes sheltering Indiana and Iowa flood victims has prompted new anger and frustrations for those who have lost their houses. The Federal Emergency Management Agency...
Washington Offers Assistance to Homeowners Hit by Wildfires
Jul 18 2008 // As wildfires erupt across Eastern Washington, state Insurance Commissioner Mike Kreidler urges homeowners needing help with their insurance claims to call the Insurance Consumer Hotline (800-562-6900). “Most...
Wisconsin High Court: Homeowners Insurance Doesn’t Cover Negligence
Jul 18 2008 // A couple’s homeowner’s policy does not cover alleged negligence by the wife for not preventing her husband from sexually abusing a child, a divided Wisconsin Supreme Court said July 17. The unnamed child and...
Mich. Group Debates State Advocate’s Charge That Auto Rates Too HIgh
Jul 17 2008 // A charge leveled on July 16 by Michigan’s insurance advocate that auto rates are too high fails to mention that the state’s auto insurance benefits are the best in the nation, one insurance trade group...
State Farm Files Average 47.1% Increase in Florida Homeowners Coverage
Jul 17 2008 // State Farm Florida Insurance Co., a Florida-only property insurance company, filed an average 47.1 percent homeowners insurance rate increase with the Florida Office of Insurance Regulation on July 16. Ed Domansky,...
Michigan Storms in June Killed 8 People, Blacked Out 730,000 Homes
Jul 16 2008 // President Bush has declared a major disaster area in Michigan, making recovery aid available in areas hit by severe storms and flooding. The Federal Emergency Management Agency says Monday’s declaration covers eleven...
AAA To Cut Homeowners Insurance $50 Million in Northern California
Jul 16 2008 // California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) customers in Nothern California will see a 10.6 percent rate cut, a total savings of $50 million, including more than...
Majority of California Wildfires Contained, 100 Homes Destroyed
Jul 14 2008 // More than 1,400 fires that burned as part of California’s lightining series have been contained due to the endless efforts of firefighters from California, as well as from throughout the nation and Canada, according...
California Orders Allstate to Cut Home Insurance Rates 28.5%
Jul 10 2008 // Allstate Corp. will have to lower its rates on California homeowner policies by 28.5 percent making an estimated $255 million in annual savings for consumers, the state’s Insurance Commissioner Steve Poizner...
Costs, Confusion Keep Flood Insurance Numbers Low in Iowa
Jul 9 2008 // A combination of costs and confusion keeps many Iowans from buying federal flood insurance. Only about 1 percent of Iowans owned flood insurance when last month’s record flooding struck. More than 4,000 homes in...
Pennsylvania Bans Lenders from Requiring Excess Home Insurance
Jul 8 2008 // Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act that Gov. Rendell signed into law on July 4. The law, which was...
Allied American Underwriters Launches High Value Home Insurance Program
Jul 7 2008 // Allied American Underwriters (AAU), a national program manager headquartered in Tampa, Fla., has introduced a high value homeowners program that is available on a national basis. The program’s values start at...
National Insurer Wants to Include Flood Coverage in Home Policies
Jul 7 2008 // One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid...
Floridians Flock to Free Wind Inspections
Jul 7 2008 // More than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 by June 2009. The...
So Far, So Good
Jul 7 2008 // The Midwest is recovering from what may be some of the worst flooding in recorded history, but Texas and the Oklahoma Panhandle are suffering from drought. After a wild and wooly winter and spring, Arkansas seems to have...
Lightning Strikes
Jul 7 2008 // Lighting has ignited thousands of fires in Northern California in the past month, burning more than 400,000 acres and threatening more than 10,000 buildings across the region. Among the largest fire still burning is the...
Fireman’s Fund To Reduce California Homeowners’ Premiums 17.9%
Jul 2 2008 // California Insurance Commissioner Steve Poizner has approved a 17.9 percent reduction in insurance premiums for Fireman’s Fund California homeowners. This reduction will bring a total of $30 million in savings to...
