Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Average Homeowners Policy Rate Comparison is Meaningless
Mar 10 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
Policyholders Need to be Educated on Importance of Flood Insurance
Mar 10 2008 // Eroding levees, flood map changes, lack of buyers highlight need for public outreach Levees can also erode and decay over time and require regular maintenance and upkeep to continue to offer the level of protection they...
Are Clients’ Most-Valued Items Falling Into the Gap?
Mar 10 2008 // From beer cans to dollhouses, homeowners’ collectibles need specialty collectors coverage That teenaged friend of yours who treasured his beer can collection may now be a 40-something man with thousands of dollars...
How to Appraise and Insure Historic Homes
Mar 10 2008 // New technology, historical home insurance help to protect treasured properties Many urban and suburban areas are made more distinctive thanks to the historic homes nestled in their neighborhoods. Keeping history alive...
New Yorkers To Get Flood Notices Every Year
Mar 6 2008 // New York lawmakers have decided once is not enough — at least when it comes to telling homeowners that floods will not be covered by a standard homeowners policy. Under legislation signed this week by Gov. Eliot...
Arkansas: Credit Scores Helped Some, Hurt Some
Mar 5 2008 // In a report to state lawmakers, the Arkansas Insurance Department revealed that almost a third of Arkansas homeowners and motor vehicle owners paid less in insurance premiums last year because their credit scores were...
Fla. Mobile Home Insurance Co. Files 72.9% Rate Increase
Mar 4 2008 // Florida-based Foremost Insurance Group of companies filed a 72.9 percent increase on mobile homeowners’ insurance rates, according to the Florida Office of Insurance Regulation. The group’s companies, including...
Miss. Homeowners in Flood Zone May Qualify for Katrina Home Help
Feb 28 2008 // Mississippi officials said Tuesday that homeowners with elevated structures who lived inside the federally designated flood zone when Hurricane Katrina struck in 2005 may still qualify for housing assistance. Jon Mabry,...
Ohio Casualty Offers New Personal Lines Technology Products for Agents
Feb 28 2008 // Ohio Casualty, a Liberty Mutual Agency Markets regional company, recently announced the introduction of its new personal lines product offering in Ohio, including enhanced rating capabilities via Personal IQ, the...
Consumer Groups: Mass. Auto System Unfair to Many Good Drivers
Feb 28 2008 // The new managed competition auto insurance system being implemented in Massachusetts rewards many bad drivers and penalizes many good drivers based on certain supposedly-prohibited social factors, according to the latest...
Calif. Appeals Court Permits Evidence of Nonparty Malpractice
Feb 28 2008 // A California Court of Appeals in the Second Appellate District has held that defendants are entitled to introduce evidence of a nonparty medical professional’s fault in aggravating a plaintiff’s injuries, and...
Most Utah Homeowners Don’t Buy Earthquake Coverage
Feb 26 2008 // That earthquake in eastern Nevada last week may be a bit of a wake-up call for Utah homeowners. According to the Utah Department of Insurance, most homeowners in the state don’t have coverage for earthquakes. Like...
Lexington Insurance Co. Adds New Product LexElite Eco-Homeownersm
Feb 26 2008 // Lexington Insurance Co., an American International Group company, today announced LexElite Eco-Homeownersm, insurance for homeowners generating their own power using geothermal, solar or wind systems. LexElite...
Fla. Insurers See Hurricane Insurance Market on the Mend
Feb 25 2008 // The insurance market in Florida is adjusting to changing conditions – some man-made, others resulting from forces of nature – all of which make property insurance for Florida homeowners more available and more...
Allstate Settles La. Home Policy Cancellation Disputes
Feb 22 2008 // Allstate Corp. will restore insurance coverage for hundreds of customers and pay $250,000 to resolve disputes over cancellation of south Louisiana homeowner policies after Hurricane Katrina, the company said this week. The...
N.C. Brush Fire Damages 12 Homes in Charlotte; One Injured
Feb 22 2008 // North Carolina firefighters fought a large brush fire Wednesday that damaged a dozen homes in a Charlotte neighborhood. Charlotte Fire Department Capt. Rob Brisley said the fire heavily damaged two of the homes. Brisley...
Association of British Insurers: Homes on Flood Sites ‘Unsaleable, Uninsurable, Uninhabitable’
Feb 15 2008 // The Association of British Insurers (ABI) warned that government plans to construct new homes on flood plains have not given sufficient consideration of the hazards involved. Justin Jacobs, the ABI’s Assistant...
Minn.’s Smoking Ban Trickles Down to Condos, Homes
Feb 15 2008 // Minnesota’s battle over smoking bans is making its way into private homes, as residents of one high-rise condominium along the Mississippi River have voted to make their building smoke-free. At La Rive Condominiums...
S.C. Blaze Destroy Homes, Prompts Evacuation of Dozens
Feb 14 2008 // A blaze that destroyed several homes in South Carolina and led to the evacuation of 60 others started as a trash fire that was initially doused by two fire agencies, but reignited a day later into a wind-whipped 240-acre...
Ill. Officials Accuse FEMA of Miscounting Flooded Homes
Feb 13 2008 // Federal officials were mired in political favoritism and miscounted the number of damaged homes in rejecting two Illinois counties’ applications for disaster relief, local Illinios officials said this week. Leaders...
