Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
N.H. Court: Homeowners Exclusion Applies in Babysitter Molestation
Nov 18 2007 // A New Hampshire couple sued for negligence after their son molested children they were babysitting does not have coverage under their homeowners policy that has a sexual molestation exclusion, the New Hampshire Supreme...
Recovery Steps
Nov 18 2007 // Washington has taken rare steps toward building a federal disaster plan. Not everyone agrees this is a good development but property owners in the Southeast should be watching closely as they could be among the most...
Disaster Recovery
Nov 18 2007 // Disaster recovery still is very much on the minds of property owners and insurers in the South Central region despite relatively mild back-to-back catastrophe years. Louisiana has a long way to go before the state can say...
Protecting Antiques is More Than Just a Sentimental Journey
Nov 18 2007 // With the surge of reality-based programs such as Antiques Road Show and networks like HGTV gaining popularity, many homeowners are pulling out grandma’s old rocking chair from storage or taking a second look at a set...
Congress Considers Disaster Legislation to Alleviate Coastal Insurance Crisis
Nov 18 2007 // House passes measure opposed by Bush and insurance industry remains at odds on best solution Disaster legislation is hot on the minds of congressional leaders this month as a handful of bills made their way to both the...
Miss. Development Authority Gets Money for pre-Katrina Homeowners
Nov 15 2007 // The state of Mississippi has cleared the way for at least 186 homeowners to receive partial grants to help rebuild even though they were previously denied federal aid. The Mississippi Development Authority announced the...
Lexington Offers Green Upgrade for Residential Coverage
Nov 15 2007 // Lexington Insurance Co., a member company of American International Group Inc. introduced Upgrade To Green Residential, an insurance coverage allowing U.S. homeowner policyholders to rebuild their property to...
Senate Bills Offer Tax Credits, Loans to Help Property Owners Hit by Disasters
Nov 13 2007 // Saying he believes that immediate assistance is needed for those living near coastal areas who are grappling with skyrocketing property insurance premiums, Senator Chris Dodd, D-Conn., chairman of the Senate Banking,...
Allstate Cuts West Virginia Home Insurance Rates
Nov 12 2007 // Allstate customers in West Virginia will be paying less for homeowners’ insurance. The company announced last week that West Virginia homeowners with Allstate insurance policies will get an average rate cut of 10...
Group Urges Buyout Plan for Hurricane-Damaged Homes in New Orleans
Nov 12 2007 // Louisiana’s Road Home program could end up buying about 7,000 hurricane-damaged properties in New Orleans, creating what one faith-based group sees as a golden opportunity for new homeownership in a city that had a...
Reinsurers Blast Federal Disaster Backup Plan Advancing in Congress
Nov 12 2007 // The nation’s reinsurance industry is criticizing Congressional natural disaster legislation as raising false hopes about addressing the homeowners insurance market in areas prone to hurricanes, at the expense of U.S....
Jury Favors La. Homeowner in Katrina Damage Suit Against State Farm
Nov 9 2007 // A jury on Nov. 7 sided with a south Louisiana couple in the first federal trial in Louisiana against State Farm Insurance Cos. over Hurricane Katrina damage. An attorney for plaintiffs Michael and Judy Kodrin and a State...
Houses Passes Federal Disaster Insurance Measure Opposed by Bush
Nov 9 2007 // A day after a similar bill was introduced in the Senate, the House of Representatives passed federal legislation to help hurricane and disaster-prone states make property insurance more readily available to residents...
Fireman’s Fund Offers to Rebuild Wildfire Homes “Green”
Nov 7 2007 // In response to the Southern California wildfires that burned in late October, Fireman’s Fund Insurance Co. is responding with an innovative green upgrade for affected policyholders. The company said it will rebuild...
N.H. Court: Home Insurance Exclusion Applies in Babysitter Molestation
Nov 7 2007 // A New Hampshire couple sued for negligence after their son molested children they were babysitting does not have coverage under their homeowners policy that has a sexual molestation exclusion, the New Hampshire Supreme...
Sens. Clinton, Nelson Introduce Homeowners Defense Act to Address Cats
Nov 7 2007 // Senators Hillary Clinton, D-N.Y., and Bill Nelson, D-Fla., have introduced the Homeowners’ Defense Act of 2007 to address the growing problem of the availability and affordability of natural disaster insurance, a...
Transitions … from judge to regulator, from regulated to competition
Nov 4 2007 // Massachusetts Insurance Commissioner Nonnie Burnes has taken on the minefield of private passenger auto insurance, overseeing a transition from a highly-regulated rating system to one under which insurance companies are to...
Small market share insurers file 2.5% decrease
Nov 4 2007 // 10 Mass. caps auto hikes at 10% Because the shooter was in an uninsured car, says N.J. court 12 Driving the transition An interview with Mass. Commissioner Burnes N1 Survey reports drop in new lawsuits Actions filed...
10 Calif. DOI partners with CAL FIRE
Nov 4 2007 // Groups aim to prevent fire losses during height of wildfire season 10 Hawaii approves 19.3% workers’ comp decrease NCCI recommended 16.8 percent drop 10 Calif. approves AAA’s 6.5% auto rate reduction Carrier...
Satisfied buyers of homeowners coverage obtain additional products
Nov 4 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...
