Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Regulators Release Annual Homeowners Insurance Comparison
Feb 8 2007 // The National Association of Insurance Commissioners (NAIC) today announced the release of the 2004 Homeowners Insurance Report, which provides data on market distribution and average cost by policy form and amount of...
USAA Defends Its Katrina Response Against Comments by Miss. AG Hood
Feb 1 2007 // In response to a recent pending settlement involving State Farm Insurance, certain victims of Hurricane Katrina and the State of Mississippi, USAA or United Services Automobile Association, came forward to define what it...
Many La. Residents Reluctant to Rebuild on Coast
Jan 31 2007 // More than 16 months after Hurricanes Katrina and Rita forced an unprecedented exodus from the Louisiana Gulf Coast, tens of thousands of homeowners have decided not to rebuild or have yet to make up their minds, an...
Allstate Profit Rose 17% in 4th Quarter
Jan 31 2007 // Allstate Corp., the second-biggest U.S. personal-lines insurer behind State Farm, said its fourth-quarter profit rose 17 percent as it continued to benefit from a benign year for hurricanes. The $1.21 billion (euro930...
There’s a lot insurers do not like in Florida’s property insurance fix
Jan 29 2007 // Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and...
Homeowners win key water v. wind Katrina claims case against State Farm
Jan 29 2007 // Insurer then settles next case without going to trial; U.S. Rep. Taylor calls for Congressional probe of industry claims practices In a Hurricane Katrina claims decision watched closely by the insurance industry, a federal...
Fla. Homeowner Rates may now Edge Texas, Insurer Group Says
Jan 29 2007 // Texas may no longer have the highest homeowner insurance rates in the country, according to the Insurance Council of Texas. For the second year in a row, both homeowners and automobile insurance premiums in Texas have...
Ill. developer plans to build 11 homes on Segal estate
Jan 29 2007 // A developer’s preliminary plans for jailed insurance executive Michael Segal’s estate include building 11 new residences and turning the coach house into two homes. Lincolnshire, Ill.-based Orren Pickell...
LIRC says Citizens can raise rates
Jan 29 2007 // Louisiana’s state-run insurer won approval for big rate increases on Jan. 17, 2007, meaning double- and triple-digit hikes in insurance costs for homeowners and businesses along the coast. The increases for Citizens...
Remapping California flood zones might spur wave of policy sales
Jan 29 2007 // Homeowners who witnessed the devastation wrought by Hurricane Katrina seem to have boosted flood insurance sales dramatically in 2006, and federal government actions also might force others to purchase flood coverage, as...
Homeowners win key water v. wind Katrina claims case against State Farm
Jan 28 2007 // In a Hurricane Katrina claims decision watched closely by the insurance industry, a federal judge in Mississippi ruled that State Farm failed to properly settle a claim involving both wind and water damage from Hurricane...
News Currents
Jan 28 2007 // R.I. lawmakers study ways to assist coastal homeowners A group of Rhode Island legislators examining insurance companies’ recent changes to homeowners’ policies for coastal areas met recently at the University...
There’s lot insurers do not like in Florida’s property insurance fix
Jan 28 2007 // Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and...
LIRC says Citizens can raise rates
Jan 28 2007 // Louisiana’s state-run insurer won approval for big rate increases on Jan. 17, 2007, meaning double- and triple-digit hikes in insurance costs for homeowners and businesses along the coast. The increases for Citizens...
State Farm Storm Surge Settlement Could Scare Insurers from Mississippi Market
Jan 26 2007 // A landmark legal settlement with State Farm Fire & Casualty Co. promises to jump-start the rebuilding process for thousands of Mississippi homeowners devastated by Hurricane Katrina, but critics warn the deal could...
Fla. Insurance Bill On Gov. Crist’s Desk Comes with Risks
Jan 24 2007 // The Florida Legislature on Monday overwhelmingly passed a bill members hope will lower Floridians’ skyrocketing property insurance rates and sent the measure to Gov. Charlie Crist, who has demanded meaningful relief...
Miss. Commissioner Sets Hearing for Consumer Bill of Rights
Jan 23 2007 // Mississippi Commissioner of Insurance George Dale twill hold a public hearing for the his proposed regulation regarding a homeowner insurance policyholder bill of rights. The hearing will be held at 9 a.m. on Friday,...
La. Insurance Regulators, Already Weakened, Face Extinction
Jan 23 2007 // Of all the obscure parts of state government, the Louisiana Insurance Rating Commission is among the most ignored and misunderstood. And the panel may now be in its death throes. The commissioners ostensibly have power to...
Fla. Mortgage Lenders Unlikely to Back Homes Without Wind Coverage
Jan 22 2007 // Florida homeowners might want to go without wind coverage, and may decide on a higher deductible in return for lower rates, but mortgage companies could keep these options from producing what the Florida Legislature wants:...
Blanco Administration Admits Error in La. Insurance Rebate Letters
Jan 22 2007 // The Blanco administration mailed 1.8 million letters to Louisiana homeowners with incorrect information about credits for post-Katrina surcharges on their property insurance policies, a Blanco aide said. Taxpayers reported...
