Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Alabama Residents Back in Homes After Train Leaves Tracks
Sep 26 2007 // A train derailment in Flomaton, Ala., over the weekend caused some anxiety and evacuations after authorities learned that the 66-car train was carrying anhydrous ammonia. The derailment that occurred after 9 p.m. on Sept....
Chubb lowering homeowners rates in Calif. 18.4 percent
Sep 24 2007 // The California Department of Insurance has announced that Chubb Group of Insurance Companies is implementing a 18.4 percent homeowners insurance rate reduction that is expected to save Californians approximately $14.5...
Florida’s private insurers try to be heard amid political storm
Sep 24 2007 // Protesters gathered on the steps of the old Florida Capitol to protest the high cost of property insurance rates in January in Tallahassee. The Legislature was in special session to pass homeowners insurance legislation....
A policyholder bonanza: Texas Supreme Court decides Lamar Homes
Sep 24 2007 // The Supreme Court also disagreed with the district court’s common sense ruling that faulty workmanship that damages the property of a third party is a covered “occurrence,” whereas faulty workmanship that...
Study: New Homes in Fire-Risk Areas of Sierra Nevada
Sep 21 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 About Coastal Development and Insurance
Sep 20 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...
