Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Colorado Casualty Offers Policyholders Disaster Planning Guides
Jul 18 2006 // Colorado Casualty, a member of Liberty Mutual Group, is helping its 14,000 homeowner insurance policyholders and homeowners throughout the West and Southwestern states protect their families and homes during wildfire...
Florida Announces Initial Hurricane Damage Mitigation Program Details
Jul 18 2006 // Roof deck attachment, secondary water barriers, roof coverings, brace gable ends, reinforced roof-to-wall connections, opening protection and exterior doors, including garage doors, are included in a two-step process to be...
Commerce Insurance Offers Identity Theft Service to Homeowners
Jul 17 2006 // Commerce Insurance Company has joined with Identity Theft 911 to offer eligible homeowner policyholders identity resolution services to assist them should they fall victim to identity theft. The services Commerce Insurance...
Agent Says He Never Advised Couple Against Buying Flood Insurance
Jul 17 2006 // The agent at the center of a landmark hurricane insurance case on Friday denied telling a policyholder that he didn’t need flood insurance years before Nationwide Mutual Insurance Co. denied much of his claim...
La. Authority May Go After Insurance Claims of ‘Road Home’ Participants
Jul 17 2006 // Louisiana’s program to help storm-damaged homeowners rebuild or relocate may take over insurance claims and sue for additional insurance payments on behalf of recipients, a top official with the Louisiana Recovery...
Miss. Trial Could Help Decide Claims from Hurricane Katrina
Jul 12 2006 // Hurricane Katrina left thousands of Gulf Coast homeowners battling their insurance companies. A Mississippi police officer and his wife are the first to take their fight to court. A federal judge on Monday began hearing a...
Sen. Smith Unveils ‘Comprehensive Plan’ to Fix Florida’s Insurance Woes
Jul 11 2006 // Without a real, comprehensive and workable plan, accumulating financial stress could destroy the viability of the Florida’s insurance market and leave millions of Floridians without affordable and reliable insurance...
La. Commissioner Orders Insurers to Extend Hurricane Prescription Period
Jul 11 2006 // Just over a month after he asked insurance companies in his state to voluntarily do so, Louisiana Commissioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana...
Little Help from La. Lawmakers for Skyrocketing Insurance Costs
Jul 10 2006 // Louisiana homeowners hoping for relief from insurance bills that were boosted by the hurricanes received little help from lawmakers. Legislators lamented, complained and worried about rising insurance costs that could...
Main Street America Launches Three New Homeowners Programs
Jul 10 2006 // Three new homeowners package endorsements, collectively called the Homeowners Elite Program, have been implemented by The Main Street America Group in Jacksonville, Fla. The program consists of platinum, gold and silver...
Reinsurance Poses Dilemma for Mass. Fair Plan and Regulator
Jul 9 2006 // Last summer when the Massachusetts Fair Plan, the state’s involuntary homeowners insurance market, looked into purchasing reinsurance, the premium was about $17.5 million. The plan did not purchase the reinsurance...
N.Y. Agents Decry Failure to Make Back-Up Property Insurer Permanent
Jul 7 2006 // The New York State Legislature once again missed an opportunity to help calm a growing homeowners insurance crisis in the downstate region, according to the state’s insurance agents. With insurance companies such as...
Survey Shows Texans 50% Ready for Major Hurricane
Jul 7 2006 // Insured homeowners in Eastern and Southern Coastal Texas have, on average, taken roughly 50 percent of the steps to prepare their homes and property to recover from a major hurricane, according to a new Hurricane Readiness...
Nationwide Requests 71 Percent Homeowners Increase in Florida
Jul 6 2006 // Nationwide Insurance Company of Florida has filed with the Florida Office of Insurance Regulation for a statewide average increase in homeowner’s insurance rates of 71 percent. The Office of Insurance has 90 days to...
Lawmakers Want Miss. Casino Funds to Help Cover Insurance Rise
Jul 6 2006 // Two Mississippi lawmakers are proposing a stream of money, generated by taking a portion of the growth in the state’s gambling revenue, to hold down homeowner insurance rates on the hurricane-ravaged Gulf...
California construct defect litigation creating perfect storm
Jul 3 2006 // In The Perfect Storm, the book that inspired the movie of the same name, author Sebastian Junger defined “the perfect storm” as a tempest that may happen only once in a century, a storm created by so rare a...
California Commissioner Questions Homeowners’ Insurance Rates
Jun 30 2006 // California Insurance Commissioner John Garamendi has announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford’s filing for a decrease contrasts...
Miss. Announces Another Chance for Housing Grants
Jun 29 2006 // Mississippi has increased by 35 percent insurance values used in calculating homeowner grant amounts to compensate for higher post-Katrina construction costs. Scott Hamilton, spokesman for the Mississippi Development...
ACE USA Report Details Consumer Costs in Extreme Weather Disasters
Jun 22 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, reports that the increase in extreme weather events has long-term financial implications for consumers and their communities, according to...
Lloyd’s forecast for Northeast: Storms, global warming threats are real
Jun 19 2006 // The prospect of another nasty hurricane season has everyone in the insurance industry braced for a white-knuckle ride. The spectre of a hurricane hitting a major Northeast population center is hardly the stuff of Hollywood...
