Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New England Flood Damage Estimates Rising But Most Lack Insurance
May 18 2006 // Receding flood waters revealed deep economic damage that hit a broad range of New Englanders — from homeowners who must dry out soggy carpets and replace rotted beams without help from flood insurance, to shopkeepers and...
Insurer Group Reminds Homeowners of the Need for Flood Coverage
May 16 2006 // Many Texas homeowners are under the impression that flooding caused by rising water is covered under the standard homeowners insurance policy in Texas and often they discover that fact too late, according to Sandra Ray,...
Royal Palm to Offer Coverage to Allstate Floridian Customers
May 15 2006 // St. Petersburg, Fla.-based Allstate Floridian has reached an agreement with Royal Palm Insurance Co., a new property insurer in the state, to offer Allstate Floridian customers and Florida consumers property insurance...
State Farm Seeks Homeowners Rate Increase in Florida
May 15 2006 // State Farm Insurance Co. is seeking to boost premiums by an average of about 70 percent in Florida, the company said Friday. If approved by state regulators, the increase would be effective Aug. 15. The Bloomington,...
State Farm Sued by Gulf Coast Homeowners Over Katrina Claims
May 11 2006 // A lawsuit filed by more than 650 Gulf Coast homeowners accuses State Farm Insurance Co. of using a “one-size-fits-all” engineering report as the basis for refusing to cover damage to homes destroyed by...
Tobacco-trial Lawyer ‘Poster Child’ for Katrina Insurance
May 10 2006 // A private jet is waiting for Richard Scruggs, but first the millionaire lawyer wants to squeeze in a quick lunch. Smiles and nods greet him as he walks into Lu-Cher Doe’s Diner, a soul food restaurant down the street...
Mass. personal lines: a surplus of disagreement
May 8 2006 // Claims by Massachusetts regulators that the combined surplus of the insurers serving the state’s homeowners market is inadequate and that changing the auto system will help boost the homeowners market are untrue,...
Case Law Watch
May 8 2006 // Tenant’s PolicyMinges Creek, LLC v. Royal Insurance Company of America (6th Cir. [Mich.] April 6, 2006) Ruling: Mall owner was not entitled to additional insured status on mall tenant’s policy for accident...
After the storms, 2006 a ‘critical’ year for Louisiana
May 8 2006 // The number of bills filed by members of the Louisiana Legislature for the regular session that began March 27 was relatively low, according to the Tatman Group’s David Tatman, a lobbyist for the Louisiana Surplus...
Judge orders Southern Family rehabilitation
May 8 2006 // Leon County, Fla. Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Co., one of three financially-troubled property insurers of the Tampa-based Poe Financial Group into rehabilitation. To ensure the...
Mass. personal lines: a surplus of disagreement
May 8 2006 // Claims by Massachusetts regulators that the combined surplus of the insurers serving the state’s homeowners market is inadequate and that changing the auto system will help boost the homeowners market are untrue,...
Case Law Watch
May 8 2006 // Tenant’s Policy Minges Creek, LLC v. Royal Insurance Company of America (6th Cir. [Mich.] April 6, 2006) Ruling: Mall owner was not entitled to additional insured status on mall tenant’s policy for accident...
Judge orders Southern Family rehabilitation
May 8 2006 // Leon County, Fla. Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Co., one of three financially-troubled property insurers of the Tampa-based Poe Financial Group into rehabilitation. To ensure the...
After the storms, 2006 a ‘critical’ year for Louisiana
May 8 2006 // The number of bills filed by members of the Louisiana Legislature for the regular session that began March 27 was relatively low, according to the Tatman Group’s David Tatman, a lobbyist for the Louisiana Surplus...
Man Accused of Bilking La. Homeowner by Posing as Adjuster
May 5 2006 // A man who allegedly posed as an insurance adjuster to bilk at least one hurricane victim in New Orleans, La., has been arrested. Steven Lee Cylka, 31, of Metairie was jailed in lieu of $20,500 bond after he was booked with...
Ky. Mine Subsidence Insurance Fund Homeowners Premiums Lowered
May 3 2006 // A decrease in the rates charged to consumers living in Kentucky counties that participate in the Kentucky Mine Subsidence Insurance Fund has been announced by the Kentucky Office of Insurance in Frankfort, Ky. Due to this...
Fla. House Passes Bill Intended to Fix Property Insurance Problems
May 3 2006 // With hurricane season looming just one month away, the Florida House has passed a bill aimed at making sure that if Florida has another bad run of storms there will be insurance companies there to cover people’s...
Gallagher Calls On Lawmakers to Make Insurance Reforms
May 1 2006 // As state lawmakers enter the home stretch of the 2006 legislative session, Tom Gallagher, Florida’s CFO, renewed his call for immediate rate-relief, improved access to property coverage and reforms to help strengthen...
La. Recovery Authority Sheds Income Limits in Housing Plan
Apr 28 2006 // Lawmakers in Louisiana next week are expected to vote on Gov. Kathleen Blanco’s $7.5 billion housing plans, after several provisions were altered to make the post-hurricane rebuilding and buyout program more...
Fla. Insurance Council Describes Pending Legislation
Apr 27 2006 // The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of...
