Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
N.Y. Agents Seeking Alternatives for Downstate Homeowners
Jul 12 2007 // Downstate New York insurance agents say they are seeking alternative sources of coverage, as many of their regular homeowners insurance companies continue to reduce exposure in their area. A membership survey conducted by...
Thousands of Washington Homes Threatened by Faulty Fire Sprinklers
Jul 11 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...
Massive Central Utah Wildfire Continues to Grow
Jul 9 2007 // A massive wildfire that has swept across two central Utah counties and closed two highways continued to grow over the weekend, officials said. So far, the Milford Flat Fire has burned an estimated 160,000 acres, or 250...
Tahoe Fire Losses Could Reach $150 Million, Victims May Be Underinsured
Jul 2 2007 // Insured loss estimates for the Angora Fire burning in Lake Tahoe have been upped to $100 million to $150 million, according to Risk Management Solutions, a Newark, Calif.-based risk modeling company. However, the...
Streamlining surplus lines
Jul 2 2007 // Declarations “Non-admitted insurance reform is a pro-consumer piece of legislation. HR 1065 makes it clear that the state where the policyholder resides should be the state that is in charge of regulation. …...
Crist: Fla. Home Insurance Rates Haven’t Fallen as much as Hoped
Jun 28 2007 // Gov. Charlie Crist knows a new law hasn’t cut home insurance rates as much as he and consumers had expected. Crist said some insurance companies have not filed for rates as low as he had hoped after lawmakers changed...
La. Senate Adds Homeowner Tax Breaks to $100M Insurance Plan
Jun 27 2007 // If Louisiana Gov. Kathleen Blanco is offering $100 million to insurance companies, then homeowners deserve a $93 million tax break on the premiums they’ve paid since the 2005 hurricanes, the Senate voted June...
Fla. Gov. Launches ‘Shop and Compare Insurance Rates’ Web Site
Jun 26 2007 // Gov. Charlie Crist launched “Shop and Compare Rates” today, a Web site that assists consumers comparing homeowners insurance rates throughout Florida. “Many Florida homeowners find it difficult and...
State Farm Announces Rate Decrease for W. Va. Homeowners
Jun 25 2007 // Just weeks after announcing an automobile insurance rate decrease, State Farm Insurance, the largest insurance provider in West Virginia, says it also will lower rates statewide for home insurance. The average West...
Calif. Reports Most Agricultural Freeze Claims Settled
Jun 21 2007 // California Insurance Commissioner Steve Poizner says most of the farmers affected by the January 2007 freeze have had their crop insurance claims settled, following his meeting with Fresno-area agricultural leaders...
Wildfire Burns on Colorado’s Western Slope
Jun 21 2007 // The New Castle Fire burning near Glenwood Springs, Colo., has forced the evacuation of about 90 homes with another 100 on high alert, according to the Rocky Mountain Insurance Information Association. In light of the fire,...
La. Commissioner Wants 100% Participation in Flood Insurance Program
Jun 21 2007 // For Louisiana Insurance Commissioner Jim Donelon in the best of all possible worlds 100 percent of the citizens in his state would have flood insurance coverage for their homes. As such, Donelon has been on a statewide...
Survey: Inlanders Oppose Subsidies for Risky Drivers, Coastal Homes
Jun 20 2007 // A new survey is reporting that 80 percent of drivers and 64 percent of homeowners in non-coastal areas in two states disagree with state insurance pricing regulations that benefit risky drivers and homeowners in high-risk...
More Arizonans Working to Protect Homes from Wildfires
Jun 19 2007 // Efforts to better safeguard homes from the threat of wildfire have taken off in mountain communities throughout Arizona, with homeowners cutting down trees, removing wood piles, raking leaves and caulking around windows to...
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...
