Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Comment Sparse in Florida on 80% State Farm Insurance Hike
Jun 7 2006 // Lynn Martin took a day off work and drove all the way from Punta Gorda to Lake Buena Vista, Fla. to talk about homeowner’s insurance. In just under a decade, the 51-year-old has seen her State Farm premiums rise 300...
Competition Predicted for Insurance Business in Northern La.
Jun 6 2006 // Most homeowners in northern Louisiana won’t see their insurance rates increase and many will even see rate reductions, according to insurance industry experts. Though all Louisiana homeowners will be charged a 15...
California Commissioner says insurers earning ‘excess profits’
Jun 5 2006 // California Insurance Commissioner John Garamendi has released a new report, “Lower Claims, Higher Profits: Where Do Your Premium Dollars Go?” on the profitability of homeowners and private passenger automobile...
Katrina, Rita complaints breed probes in La.
Jun 5 2006 // As an aftereffect of consumer complaints, the Louisiana Department of Insurance hit Allstate Insurance Co. and St. Paul Travelers Cos. with investigations into their handling of homeowners’ claims resulting from...
Allstate moving windstorm coverage in Texas coastal areas to TWIA
Jun 5 2006 // In a move it says will “help protect its ability to meet future customer needs throughout Texas while maintaining a strong presence along the Texas coast,” Allstate Texas Lloyds announced it is phasing out...
Carrot and stick, or bail-out?
Jun 5 2006 // Insurance debate in the Florida Legislature wound down to the final hours of the 2006 spring sessions in Tallahassee, with the final decision ending in the passage of a bill viewed by bystanders as a band-aid approach in...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has the fact that many people in those states did not have flood insurance coverage. As a result,...
‘Significant’ Fla. reform bill could be national model, says PIA chief
Jun 5 2006 // Elements of a property insurance reform bill signed into law May 16 by Florida Governor Jeb Bush could be included and effective in national legislation, according to Len Brevik, executive vice president and CEO of the...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi...
Katrina, Rita complaints breed probes in La.
Jun 5 2006 // As an aftereffect of consumer complaints, the Louisiana Department of Insurance hit Allstate Insurance Co. and St. Paul Travelers Cos. with investigations into their handling of homeowners’ claims resulting from...
Allstate moving windstorm coverage in Texas coastal areas to TWIA
Jun 5 2006 // In a move it says will “help protect its ability to meet future customer needs throughout Texas while maintaining a strong presence along the Texas coast,” Allstate Texas Lloyds announced it is phasing out...
California Commissioner says insurers earning ‘excess profits’
Jun 5 2006 // News Currents California Insurance Commissioner John Garamendi has released a new report, “Lower Claims, Higher Profits: Where Do Your Premium Dollars Go?” on the profitability of homeowners and private...
State Farm Files for Auto, Home Rate Changes in Texas
Jun 2 2006 // State Farm Insurance announced it has submitted several filings to the Texas Department of Insurance as it prepares to implement rate adjustments in the state. The company is reducing auto rates but increasing homeowners...
Texas Watch Launches Insurer Accountability Network
Jun 1 2006 // On May 31, the eve of the 2006 hurricane season, Texas Watch, a non-profit consumer advocacy organization active on insurance issues, announced the launch of its Hurricane Insurance Company Accountability Network (ICAN) in...
Class Action Suit Filed in New Orleans Against 15 Homeowners Insurers
Jun 1 2006 // A class action lawsuit was filed in the United States District Court for the Eastern District of Louisiana on May 24, 2006, on behalf of Greater New Orleans Metropolitan Area homeowners insurance policyholders who have...
Fla. Judge Approves Poe Insurance Companies Liquidation
Jun 1 2006 // A Leon County, Fla. circuit judge has approved putting three financially-troubled insurance companies under the state’s control, a move Florida’s Chief Financial Officer Tom Gallagher said will protect more...
Lexington Enhances LexElite Homeowners Coverage
May 31 2006 // Lexington Insurance Company, a member company of American International Group, Inc. (AIG), has expanded its LexElite homeowners insurance policy to now include coverage for mechanical breakdowns, identity theft and...
Texas Windstorm Association to Increase Rates
May 30 2006 // Texas Insurance Commissioner Mike Geeslin on May 26 signed a Commissioner’s Order allowing the Texas Windstorm Insurance Association (TWIA) to increase rates for residential homeowners’ wind coverage by 3.1...
Wholesale Purchases Homeowners Business from Swett & Crawford
May 26 2006 // Wholesale Connection Insurance Services has announced that it has purchased a book of homeowners business from Swett & Crawford. In conjunction, Chris Nitz and Yul Hur have joined WCIS. Both previously handled the...
Miss. Coastal Residents Struggle to Find Deeds, Records
May 26 2006 // Robert Genin embarked on a paper chase in Bay St. Louis, Miss. soon after Hurricane Katrina swamped the house he and his wife, Mary, bought here 35 years ago. The Aug. 29 storm washed away all his belongings, including...
