Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
People Flee as Fires in Rain-Starved Carolinas, Va. Burn Homes
Feb 12 2008 // Wind-whipped wildfires chased churchgoers from worship, forced hundreds of residents to flee homes and closed highways across the rain-starved Carolinas and Virginia on Sunday. Twelve small structures, including at least...
Texas Joins Rest of the U.S. in Profitability Upswing of Last Few Years
Feb 10 2008 // I.I.I.’s Hartwig says the state is still one of the riskiest in which to operate The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a...
Failure to Reimburse Claims Expenses Efficiently Impacts Customer Satisfaction
Feb 10 2008 // J.D. Powers’ study says the faster the service the happier the claimant The length of time it takes to repair damages on auto and homeowners insurance claims weighs heavily on customer satisfaction, according to the...
Home-Based Business Boom
Feb 10 2008 // The risks of remote workplaces Americans’ houses have increasingly become a hodgepodge between a home and an office. It’s believed that there are more people working out of their homes now than at any time in...
Hartford Group to Shed 27,000 Homeowners’ Policies in Florida
Feb 6 2008 // The Hartford Group, testifying in front of the Florida Senate Select Committee on Property Insurance Accountability Tuesday said they will implement a non-renewal program in Florida beginning in August. The year-long...
Fires Flare in Texas While Cleanup Starts on Burned Homes, Businesses
Feb 1 2008 // A day after wildfires burned almost 30 square miles across Texas, a few more blazes sprang up Jan. 30 while victims sifted through the charred remnants of their homes. Gary Karr spent the day moving debris from his...
Miss. Couple Weighs Appeal in Katrina Case after Verdict Favors Insurer
Jan 31 2008 // A Mississippi homeowner whose lawsuit over Hurricane Katrina damage ended with a jury verdict that favored his insurance company said Tuesday he has no plans to file an appeal in the case. On Monday, an eight-member jury...
Allstate 4Q Profit Falls 37% as Calif. Wildfire Losses Top $300M
Jan 31 2008 // Hit by an increase in catastrophe losses, Northbrook, Ill.-based insurer Allstate Corp. saw its profit drop by more than 37 percent in the fourth quarter of 2007 compared to the same period in 2006. The fourth quarter net...
Mississippi Jury’s Verdict in Katrina Case Favors Insurance Company
Jan 30 2008 // A federal judge refused to let Mississippi jurors consider punitive damages against an insurance company after they handed down a verdict Monday that favored the insurer in a dispute with policyholders over Hurricane...
ASI Lloyds to Enter Homeowners Marketplace in La.
Jan 30 2008 // ASI Lloyds (ASI), of St. Petersburg, Fla., announced plans to enter the personal property insurance market in Louisiana. ASI was recently a recipient of the Insure Louisiana Incentive program sponsored by the state. ASI...
10 Tips for Mass. Insurance Agents Moving into Competitive Market
Jan 29 2008 // Massachusetts independent agents are facing a challenge to hang onto their whopping 86 percent market share in personal lines as the state embarks upon a new competitive auto insurance system that will bring some of the...
