Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
News Currents
Jun 18 2007 // R.I. House members forward coastal measures The leaders of a special Rhode Island House commission studying the effects of natural disasters on property insurance costs have introduced legislation they say is aimed at...
Editor’s Note: Consumer education still needed
Jun 18 2007 // An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t. — Anatole France (1844 –...
Declarations
Jun 18 2007 // Declarations Camera, lights, action “In addition to improvements in economic and political conditions, a number of countries are developing into attractive film locales.” — Chris Palmer, director of risk...
Figures
Jun 18 2007 // 3 Million A new survey by Trusted Choice and the Independent Insurance Agents & Brokers of America found that nearly three million households have lost their homeowners coverage since 2003, and most homeowners have...
Editor’s Note: Consumer education still needed
Jun 18 2007 // An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t. — Anatole France (1844 –...
Consumers not informed about homeowners insurance, study says
Jun 18 2007 // A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from an array of perils, according to research by the National Association of Insurance Commissioners, which...
News Currents
Jun 18 2007 // Group challenges Fireman’s Fund’s earthquake rates Consumer advocates have filed a challenge to block a proposed 25 percent increase in Fireman’s Fund’s earthquake rates in California, a move that...
UK Bank Barclays to Challenge Homeowners 2-Year Renewal Quotes
Jun 12 2007 // Bancassurance in the UK has gotten increasingly competitive with standard policies, and it looks set to continue. Barclay’s, one of the UK’s largest banking groups announced that it would offer homeowners...
Harleysville Insures Families’ ‘Extreme Makeover’ Homes…for Free
Jun 8 2007 // For the next year, the Oatman-Gaitan family of Schenectady, N.Y., will not have the financial burden of paying for homeowners insurance. That’s because Harleysville Insurance, a regional property/casualty insurer...
U.S. Appeals Court Hears Arguments in Katrina Levee Lawsuits
Jun 8 2007 // A U.S. appeals court judge promised a swift ruling in a case pitting New Orleans homeowners against insurance companies for their refusal to cover damage from the failure of levees in Hurricane Katrina’s aftermath in...
Plans to Shrink La. Citizens Insurance Move to House Floor
Jun 7 2007 // A Louisiana House of Representatives committee recently approved two proposals to reduce the number of homeowners insurance policies written by the state-backed company known as the “insurer of last...
Consumer Group Challenges Fireman’s Fund’s Calif. Earthquake Rates
Jun 6 2007 // Consumer advocates have filed a challenge to block a proposed 25 percent increase in Fireman’s Fund’s earthquake insurance rates in a move that they say could save each of the company’s earthquake...
Progressive, Asi Lloyds Partner to Offer Discounts in Texas
Jun 6 2007 // Progressive County Mutual, a member of the Progressive Group of Insurance Companies, and ASI Lloyds announced they will each offer discounts on their products to Texans who buy both through a local independent insurance...
Consumers Not Informed about Homeowners Insurance, Study Says
Jun 5 2007 // A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from a wide array of perils, according to new research by the National Association of Insurance Commissioners...
RenRe’s Starbound II Adds Capacity to Florida Homeowners Market
Jun 5 2007 // Bermuda-based RenaissanceRe Holdings Ltd. announced the formation and funding of Starbound Reinsurance II Limited, a new Bermuda reinsurance company, that will make approximately $375 million in new reinsurance capacity...
L.A. Governor: Up to $700 Million in State Money Found for Damaged Homes
Jun 5 2007 // Louisiana Gov. Kathleen Blanco said her administration has found up to $700 million in state money to put into Louisiana’s grant program for rebuilding hurricane-damaged homes, which faces a deficit of as much as $5...
Florida Welcomes Insurers to Anxious Market
Jun 5 2007 // Eight new insurers entered the property and casualty insurance marketplace in Florida since January 1, 2007 according to the Florida Office of Insurance Regulation The insurers represent a variety of insurance entities...
S.C.: Clemson Studies How to Make Homes Safer in Storms
Jun 4 2007 // South Carolina’s Clemson University researchers are looking for ways to reduce damage in hurricanes done to small structures – the ones that people live in. “There are lots of labs all over the country...
Property insurance rate hikes in store for La.
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission...
From Cuba to Capitol Hill
Jun 4 2007 // Not your typical agent: Big “I” President and Miami independent agent Alex Soto in a one-on-one interview Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance...
