Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
More than 600 Southern California Homes Lost to Unchecked Wildfires
Oct 23 2007 // Hundreds of homes were reduced to ashes Monday as wildfires blown by fierce desert winds raced across a huge swath of Southern California extending from Malibu to the Mexican border, forcing a quarter of a million people...
Mortgage Funds Available to Rebuild Tornado-damaged N.D. Homes
Oct 19 2007 // State money normally reserved for first-time North Dakota home buyers will be available to Northwood residents who want to replace their tornado-damaged homes, a housing official says. Michael Anderson, director of the...
Florida Property Owners Asked to Vacate Homes Built on Bomb Range
Oct 18 2007 // Some in an Orlando-area neighborhood are being asked to leave their homes as crews search for explosives. The homes and a middle school were built on a former Army bombing range. No one knew until July, when the Army Corps...
Survey: Satisfied Buyers of Homeowners Coverage Subscribe to More Than One Policy
Oct 18 2007 // Homeowners insurance policyholders who subscribe to at least one additional policy with their insurer tend to be more satisfied than those who only have a homeowners insurance policy, according to the J.D. Power and...
Bottom Line: Allstate’s Aggressive Personal Lines Strategy Paying Off
Oct 17 2007 // When a series of killer hurricanes walloped the Gulf Coast in 2005, costing Allstate Corp. a record quarterly loss of $1.55 billion, the company tried to make sure its bottom line would never be hit so hard again. The...
Florida Subpoenas Allstate Over Home Insurance Rate Increases, Industry Ties
Oct 16 2007 // Florida officials have subpoenaed Allstate Insurance and its subsidiaries to get the insurer to explain why it is not lowering homeowners insurance rates in the state and to defend its dealings with the industry’s...
Mass. AG Calls for 18% Cut in Home Insurance Rates Charged by FAIR Plan
Oct 12 2007 // Homeowners insurance rates for many in Massachusetts insured through the state’s secondary market insurer, the FAIR Plan, would drop 18 percent if Massachusetts Attorney General Martha Coakley gets her...
Feds Propose Buying Thousands of Homes on Miss. Coast
Oct 12 2007 // The federal government is considering buying out as many as 17,000 homes along the Mississippi coast and remaking the land into a vast hurricane-protection zone, raising anxieties that it could destroy the waterfront lives...
Agents Fear N.Y. Coast Insurance Market Worse; Pols Weigh Options
Oct 11 2007 // New York lawmakers are considering taking action to improve coastal insurance availability while insurance agents are telling them they fear market restrictions are worsening. Insurance companies, meanwhile, claim the...
La. Governor Candidates Offer Array of Insurance Ideas
Oct 10 2007 // The four major candidates for Louisiana governor have a range of different ideas for eliminating a persistent obstacle to south Louisiana’s hurricane recovery: high homeowners insurance rates. Walter Boasso and Bobby...
Home Insurance Buyers Guide Launches Web site for Florida
Oct 9 2007 // Home Insurance Buyers Guide LLC launched a searchable database where homeowners can find private insurance companies still writing new homeowner insurance business in Florida. The launch of the Web site at...
Texas Administrative Judges Reject State Farm’s Proposed Hike
Oct 9 2007 // Two administrative law judges in Texas rejected State Farm’s plan to increase homeowner insurance rates, calling the hike too excessive in a proposed decision issued Oct. 5. State Farm Lloyds Inc. had appealed to the...
Study: Homes in fire-risk areas of Sierra Nevada
Oct 8 2007 // More people are building homes in hazardous fire areas of the Sierra Nevada — increasing firefighting costs, according to a two-year study released by a conservation group. The Sierra Nevada is primarily in eastern...
Mass. warned on coastal development and insurance
Oct 8 2007 // A major hurricane making landfall in Massachusetts could cause billions of dollars worth of property damage while also severely straining the resources of the state’s residual homeowners’ insurance market, the...
News Currents
Oct 8 2007 // Mass. warned on coastal development and insurance A major hurricane making landfall in Massachusetts could cause billions of dollars worth of property damage while also severely straining the resources of the state’s...
Study: Homes in fire-risk areas of Sierra Nevada
Oct 8 2007 // More people are building homes in hazardous fire areas of the Sierra Nevada — increasing firefighting costs, according to a two-year study released by a conservation group. The Sierra Nevada is primarily in eastern...
Poll: Californians Don’t Act On Instinct For Financial Preparedness
Oct 3 2007 // A vast majority of Californians consider it their responsibility to keep their insurance current, but don’t bother to read their homeowners policies each year, a new study has found. More than two-thirds of those...
Nationwide Decreases Calif. Homeowners Rates
Oct 2 2007 // Columbus, Ohio-based Nationwide Insurance Company of America announced it is cutting homeowners insurance rates in California an average of 9.4 percent. The decrease takes effect today, Oct. 2, 2007. Nationwide is also...
La. Commissioner to ask Insurers to Continue Katrina Mediations
Sep 28 2007 // Property insurers in Louisiana should continue mediating outstanding claims of homeowners who sustained damages in Hurricane Katrina and pay the costs of the sessions, although they are not legally obligated to do so,...
House-Passed Flood Insurance Bill Includes Windstorm, Business Interruption Options
Sep 28 2007 // The U.S. House of Representatives has passed a measure updating the nation’s flood insurance program that will give homeowners the option of purchasing windstorm coverage as part of their flood policy. The...
