Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
State Farm to Write More Homeowners Insurance in La.
Aug 15 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that beginning Aug. 15, 2007, State Farm will resume writing new homeowners insurance policies in Louisiana’s coastal parishes on a limited basis for...
Olympus Insurance Begins Writing Homeowners Policies in Florida
Aug 13 2007 // In its application for certificate of authority filed with the Florida Office of Insurance Regulation, Orlando-based Olympus Insurance Co. disclosed $50 million in start-up capital. The OIR issued a certificate of...
Kemper Introduces New High Value Homeowner Product in Texas
Aug 9 2007 // Kemper announced it has introduced INFINITY, an enhanced homeowners program designed for homes in Texas valued from $400,000 to $1.5 million. According to the company’s announcement, INFINITY features three primary...
Katrina at Two Years: $40.6 Billion Paid on 1.7 Million Insurance Claims
Aug 7 2007 // Two years later, the “overwhelming majority of claims” in Gulf Coast states from Hurricane Katrina have been settled in what has been the single largest loss — $40.6 billion — in the history of the...
In Miss. primary, incumbent Dale faces Katrina, Scruggs and fellow Dems
Aug 6 2007 // Hurricane Katrina has nearly knocked the wind out of George Dale’s re-election campaign for Mississippi insurance commissioner, a job he’s held for 32 years. Dale is the longest-serving state insurance...
Farmers rethinks homeowners rate hike in Texas
Aug 6 2007 // Texas regulators indicated they would turn down a proposal by Farmers Insurance for a 6.6 percent statewide increase in homeowners rates, so in late July 2007, the company said it will revise its plan. Ben Gonzales, a...
News Currents
Aug 6 2007 // In Miss. primary, incumbent Dale faces Katrina, Scruggs and fellow Dems Hurricane Katrina has nearly knocked the wind out of George Dale’s reelection campaign for Mississippi insurance commissioner, a job he’s...
More Fla. mobile home owners skipping insurance
Aug 6 2007 // More than half of Florida’s 800,000 mobile homes are no longer covered by homeowner’s insurance — another sign of the state’s soaring insurance costs. The number of insured Florida mobile homes...
180,000 Homeowners Apply to La.’s Road Home Program
Aug 3 2007 // The mailed forms aren’t all in yet. But nearly 9,000 homeowners filed last-day applications for the state’s Road Home hurricane repair and buyout program by phone, online and in person, bringing the total to...
Del. Restricts Insurers’ Use of Credit Scoring for Auto, Home Renewals
Aug 2 2007 // Delaware Gov. Ruth Ann Minner has signed legislation restricting the use of credit information in setting auto and homeowner insurance rates, making Delaware’s credit scoring law one of the toughest in the country...
Construction, Insurance Costs Eating Into Rental Repair Aid in La.
Aug 1 2007 // Rental housing programs for storm-damaged south Louisiana won’t rebuild as many rental units as state officials had hoped because of skyrocketing construction and insurance costs, a Louisiana Recovery Authority...
Mich. Forest Wildfire Damages Homes, Forces Evacuations
Jul 31 2007 // A wildfire that started in eastern Michigan’s Huron National Forest and spread across 500 acres forced the evacuation of 100 residents and damaged at least three homes, police said July 30. State police Sgt. Tim...
Fire Threatening Homes Southwest of Polson, Mont.
Jul 27 2007 // Fire crews in northwest Montana worked to keep a fast-moving wildfire from destroying homes Wednesday, as officials near here asked residents near the Meriwether fire to leave their seasonal homes. The 3,000-acre Garceau...
More Fla. Mobile Home Owners are Skipping Insurance
Jul 25 2007 // More than half of Florida’s 800,000 mobile homes are no longer covered by homeowner’s insurance – another sign of the state’s soaring insurance costs. The number of insured Florida mobile homes...
Some Miss. Coast Homeowners Won’t Have to Repay Grant
Jul 24 2007 // Policyholders who settled Hurricane Katrina lawsuits confidentially with insurance companies can keep those payments, along with federal grants for structural damage other homeowners were ineligible to receive or must...
State Rejects Fla. Farm Bureau Home Insurance Rate Increase
Jul 23 2007 // The state will deny a planned home insurance rate increase by Florida Farm Bureau’s two property insurance companies, which have about 140,000 homeowners policies, the Office for Insurance Regulation said. Florida...
State Farm to Drop 50,000 Coastal Homeowners Policies in Fla.
Jul 23 2007 // State Farm Insurance, Florida’s largest private home insurer, said it will drop about 50,000 homeowners policies next year in what it considers risky areas along the coast. Most of the homes and condos that will lose...
News Currents
Jul 23 2007 // Tahoe Fire losses could reach $150 million, victims may be underinsured Insured loss estimates for the Angora Fire that burned south Lake Tahoe have been upped to $100 million to $150 million, according to Risk Management...
Thousands of Washington homes threatened by faulty fire sprinklers
Jul 23 2007 // Washington Attorney General Rob McKenna and the Office of the State Fire Marshal are warning Washington apartment homes and hotels that their fire sprinkler systems may be defective. The Washington State Fire...
News Currents
Jul 23 2007 // Fireman’s Fund launches Bay Area wildfire readiness program To kick off Fireman’s Fund wildfire readiness program, firefighters from the Marin County, Calif., Fire Department ignited a controlled fire on the...
