Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Judge Rules in Favor of Insurer in Miss. Wind vs. Water Case
Aug 15 2006 // In a highly anticipated ruling in one of the first wind vs. water insurance claims arising out of Hurricane Katrina, a Mississippi judge has upheld the exclusion for damage caused by water and water-borne materials in an...
USAA Seeks 40% Homeowners Rate Hike in Fla.
Aug 14 2006 // USAA Casualty, which primarily insures military personnel and their families, has asked the state to increase its homeowner and condominium premiums by an average of 40 percent. The company made the request last Friday to...
Another Katrina Suit Filed Against State Farm by Mississippi Insured
Aug 14 2006 // Judy Dutruch has long questioned why her insurance company refused to send an engineer to investigate Hurricane Katrina’s destruction of her Diamondhead home on Aug. 29, 2005, before denying her claim. Batesville...
100,000 Homeowners in La. Register for The Road Home
Aug 14 2006 // Louisiana’s The Road Home program achieved a critical milestone in the program’s initial phase with the registration of more than 100,000 homeowners, the governor’s office reported. This figure well...
Insurers in Louisiana Agree to Extend Hurricane Lawsuit Deadline
Aug 14 2006 // Commissioner of Insurance Jim Donelon says nearly all of Louisiana’s homeowners insurance companies, including State Farm and Allstate, have complied with his order to extend the prescriptive period for policyholders...
Delaware Weighs Options as Westfield Insurance Drops 850 Policies
Aug 9 2006 // Delaware Insurance Commissioner Matt Denn has issued a bulletin to property insurance companies telling them to better inform property owners of the option of coverage from the residual market, the FAIR Plan. The bulletin...
State Farm to Reduce W.Va. Homeowners Rates
Aug 9 2006 // State Farm announced Tuesday in Charleston, W.Va. it is lowering homeowners insurance rates in West Virginia by an average of 5 percent starting in December. It marked the first time since 1989 that State Farm has won...
Linda Watters
Aug 7 2006 // Michigan Insurance Director of Insurance Linda Watters wants to make sure drivers in urban areas get a fair shake on the premiums they pay for auto and homeowners insurance. She has developed an initiative that would...
Companies step up to take Texas Select policyholders
Aug 7 2006 // Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously...
Fla., Miss., S.C. top five in flood insurance growth
Aug 7 2006 // Florida, Mississippi and South Carolina now rank as three of the top five states in the nation in flood insurance policy growth according to data released by the National Flood Insurance Program and FloodSmart. In order,...
Florida offers grants to encourage hurricane damage mitigation
Aug 7 2006 // Florida’s Department of Financial Services is working out the details of a program offering grants of up to $5,000 to homeowners who take steps to mitigate hurricane damages. Individual matching grants of up to...
Hawaii obtains reinsurance to take control of Vesta subsidiary
Aug 7 2006 // Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously...
Fighting future losses in the midst of fire season
Aug 7 2006 // With 68,775 blazes already this year, the 2006 wildfire season is well on its way to becoming the worst in 10 years, according to the National Interagency Fire Center (NIFC). Its data shows 5.03 million acres have burned,...
News Currents
Aug 7 2006 // Companies step up to take Texas Select policyholders Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the...
Fighting future losses in the midst of fire season
Aug 7 2006 // With 68,775 blazes already this year, the 2006 wildfire season is well on its way to becoming the worst in 10 years, according to the National Interagency Fire Center (NIFC). Its data shows 5.03 million acres have burned,...
Hawaii obtains reinsurance to take control of Vesta subsidiary
Aug 7 2006 // News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as...
GeoVera Offers Homeowners Coverage to Texas Select Policyholders
Aug 4 2006 // Fairfield, Calif.-based GeoVera Holdings Inc., which entered the Texas homeowners market in April 2006, announced they are actively working with Texas producers to secure replacement coverage for policyholders insured with...
State-run Insurer Could Cover Dropped Allstate Policies in La.
Aug 4 2006 // Louisiana Citizens Property Insurance Corp., Louisiana’s state-run insurance company, could provide wind damage coverage for about 30,000 homeowners along the coast if Allstate Insurance Co. drops that coverage,...
USAA Insurance Seeks Approval for 22 Percent Rate Decrease
Aug 4 2006 // California Insurance Commissioner John Garamendi has issued a statement announcing his intention to review and consider approval of an average 22 percent decrease in homeowners insurance rates for policyholders of United...
Allstate Seeks Options for South La. Homeowners Policies
Aug 2 2006 // Allstate Insurance Co. has no immediate plan to drop wind coverage for homeowners in 18 coastal parishes, but the insurer wants to find new ways to offset potential losses if more hurricanes trigger big claims in south...
