Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Figures
May 21 2007 // 37 The number of new homeowners insurance companies entering Texas since 2003, according to the Insurance Council of Texas. In addition, the state has gained 28 new auto insurance providers during that time. The ICT said...
Claims against insurance agents and brokers: Timing is everything
May 21 2007 // Flood policies at heart of many cases against Gulf Coast producers In the aftermath of Hurricanes Katrina and Rita, many insurance agents and brokers in Louisiana and Mississippi and, to some extent, in Texas have found...
Claims against insurance agents and brokers: Timing is everything
May 21 2007 // In the aftermath of Hurricanes Katrina and Rita, many insurance agents and brokers in Louisiana and Mississippi and, to some extent, in Texas have found themselves being sued for allegedly failing to advise their customers...
Allstate to stop writing homeowners in Calif.
May 21 2007 // Allstate has announced that as of July 1, 2007, it will stop offering new homeowners and landlord package polices (LPP) in California. The announcement does not affect existing property insurance customers in...
Insurers Try to Prevent Losses in Wildfire Hotspots
May 21 2007 // Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush or take other...
Allstate to stop writing homeowners in Calif.
May 21 2007 // Allstate has announced that as of July 1, 2007, it will stop offering new homeowners and landlord package polices (LPP) in California. The announcement does not affect existing property insurance customers in...
Allstate CEO: Shift to Less Risky Business Will Take Years to Do
May 17 2007 // Allstate Corp. CEO Thomas Wilson said at the insurer’s annual meeting this week that the company’s shift away from catastrophe-prone areas and into products other than homeowners insurance will take years to...
Citizens Fields Questions from Fla. Homeowners, Agents at Forum
May 17 2007 // Irma Kelly is frustrated over the cost of her Citizens Property Insurance coverage, so she came to a policyholder’s forum to give the state-run insurer’s chairman an earful. Kelly, a resident of a Broward...
Insurers Call for Additional Reforms for Florida Consumers
May 15 2007 // A new Florida law enacted during a 2007 January special session provides immediate savings for homeowners by shifting potential payments for hurricane losses from the homeowners receiving the current policy benefits to...
Texas Auto, Homeowners Rates Still Falling, Insurer Group Says
May 14 2007 // Data released from the Texas Department of Insurance (TDI) shows the state’s average automobile and homeowners rates continue to fall, the Insurance Council of Texas reported. The ICT says rates have been steadily...
Allstate To Cease Issuing New Homeowners Policies in Calif.
May 11 2007 // Allstate has announced that as of July 1, 2007, it will stop offering new homeowners and landlord package polices (LPP) in California. The announcement does not affect its existing property insurance customers in...
La. House Panel OKs Governor’s Property Insurance Package
May 11 2007 // Louisiana Gov. Kathleen Blanco won a House committee’s approval for her plan to ease Louisiana’s property insurance crisis by offering $100 million in financial incentives to insurance companies. Blanco’s...
Legislation Could Help S.C. Coastal Residents with Insurance
May 10 2007 // Residents on the South Carolina coast could see home insurance costs drop with a bill that received key approval Tuesday in the House. The legislation is part of Insurance Director Scott Richardson’s response to...
Kansas Residents Evacuate Homes as Water Levels Rise
May 10 2007 // Small creeks and broad rivers swollen by heavy rain topped their banks in much of Kansas on this week, forcing residents from their homes in scattered parts of the state. Flooding along the Wakarusa River cut off its...
Insurers Encourage Texas Consumers to Consider Flood Insurance
May 8 2007 // Recent severe weather in Texas has prompted the Southwestern Insurance Information Service, an insurance trade group, to remind consumers that damage to their homes resulting from flooding is not covered by the standard...
Fla. CFO Praises Lawmakers for Mitigation Program Legislation
May 4 2007 // Florida Chief Financial Officer Alex Sink applauded the Legislature’s passage of HB 7057, which makes improvements to the state’s My Safe Florida Home program. HB 7057 was sponsored by State Representatives...
Report: N.C. Kids Suffer from Unsafe Homes
May 4 2007 // Unsafe housing in North Carolina is leaving children with myriad injuries, including broken limbs from falling through rotten floors and asthma from breathing air contaminated by roach and ant droppings, according to a new...
La. Gov. Pitches $100M Insurance Plan
May 1 2007 // With Louisiana’s hurricane recovery stymied in part by skyrocketing property insurance rates, Gov. Kathleen Blanco has a plan to ease the problem: Offer insurance companies $100 million in incentives. But in an...
La. Lawmaker Wants AG’s Opinion on Gov.’s Insurance Incentive Plan
Apr 27 2007 // A lawmaker from Acadiana has asked Louisiana’s attorney general to determine the constitutionality of Gov. Kathleen Blanco’s plan to grant up to $100 million in state money to private insurance...
Mass. to Hear FAIR Plan Bid for 13% Statewide, 25% Cape Rate Hike
Apr 26 2007 // Massachusetts Insurance Commissioner Nonnie Burnes has scheduled a public hearing for April 27, to consider a rate increase for the Massachusetts Property Insurance Underwriting Association, also known as the FAIR...
