Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Poe Dropping Storm-Damaged Homes
Apr 24 2006 // Florida insurance officials confirmed that complaints filed recently against troubled Poe Financial Group came from people who said their policies were dropped before their homes were repaired. A condominium association in...
Republic Launches HO- 3 Homeowners Product in Texas
Apr 24 2006 // The Republic Group, based in Dallas, has introduced a new Homeowners Form 3 product for Texas homeowners. “We are pleased to announce the introduction of our HO-3 product”, stated Parker Rush, Republic’s...
Fla. Dept. of Consumer Services, Poe Discuss How to Reduce Consumer Complaints
Apr 21 2006 // Florida’s Consumer Services representatives held a meeting on Friday morning with officials of the Tampa, Fla.-based Poe Insurance Group to discuss how to reduce the number of consumer complaints about the firm and...
Allstate Objects to Texas Ruling It Overcharges Homeowners 10%
Apr 20 2006 // Two judges have ruled that Allstate Insurance charges excessive rates for homeowners insurance and should reduce them. State insurance regulators want the company to reduce its homeowners rates by 10 percent and refund its...
Louisiana Approves Rate Hikes for Allstate, Other Insurers
Apr 20 2006 // Louisiana’s second-largest insurer has received permission to boost homeowners’ rates an average of 20.6 percent for nearly half its customers, while the remainder will see rates rise an average of 9...
Gallagher Praises Legislators for Acting on Rate Relief
Apr 20 2006 // When the House and Senate appropriation committees set aside hundreds of millions of dollars to provide insurance rate relief for Florida homeowners, both the consumer and the insurance industry scored a victory, according...
Fla. House Proposal Would Use Full Surplus to Mitigate Citizens Deficit
Apr 19 2006 // Nearly $1 billion in state tax dollars would go to offset the deficit faced by Citizens Property Insurance under an amendment approved in Tallahassee, Fla. by a House panel that would help out Florida homeowners who are...
Miss. AG Hood: Insurance Companies Intentionally Delaying Paying Katrina Claims
Apr 17 2006 // Mississippi Attorney General Jim Hood has sharply criticized insurers’ denial of Hurricane Katrina claims in Mississippi, saying companies are “in lockstep like Nazis locking arms, coming at those people down...
$960M in Unanticipated Fla. Revenue Could Provide Rate Relief
Apr 17 2006 // The Florida General Revenue Estimating Conference has released new estimates stating Florida is expected to receive an additional $960 million in unanticipated revenue this year and the next. This estimate is in addition...
George Dale, Mississippi Insurance Commissioner
Apr 17 2006 // Mississippi Insurance Com-missioner George Dale has expanded the Hurricane Katrina mediation program for homeowners. Dale said that the administrators of the program, the American Arbitration Associa-tion, will increase...
Closer Look: Louisiana Homeowners
Apr 17 2006 // However, insurer trade group says it can be found by those who shop After the wreckage caused by last year’s Hurricanes Katrina and Rita, many home insurers in southern Louisiana are refusing to write new policies,...
LA. HOMEOWNERS MARKET
Apr 17 2006 // TSLA’S PATTERSON 25 years but who’s counting? CHALLENGING WIND DATA Critics say modelers need oversight
News Currents
Apr 17 2006 // Insurers well-braced for next big California earthquake When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property...
N.Y. Central Mutual Cuts Rates for Homeowners, Renters Statewide
Apr 14 2006 // New York Central Mutual Fire Insurance Company, the largest regional writer of homeowners insurance in New York State, has announced that it is reducing rates on homeowners policies by an average of 10 percent statewide...
Romania Mandates Home Insurance
Apr 14 2006 // Romania will introduce a mandatory insurance policy for all home owners, according to a government official in Bucharest. Interior Minister Vasile Blaga said the insurance would cost about 20 euros (US$24) per year, with...
Fla. Group Applauds Spring Legislative Proposals
Apr 14 2006 // With Spring meetings of the Florida Legislature coming to an end in Tallahassee in May, the Florida Insurance Council has applauded House and Senate leaders for proposals supporters believe will help entice capital into...
Summation of Insurance-Related Bills Speeding Through Fla. Legislature
Apr 14 2006 // With Spring meetings of the Florida Legislature coming to an end in Tallahassee in May, the Florida Insurance Council has summarized insurance-related bills now being considered in the House and Senate. Sam Miller,...
Proposed California Homeowners Regs Bad Public Policy, Associations Say
Apr 14 2006 // Homeowners’ insurance regulations proposed by the Department of Insurance would result in higher premiums for many Californians, force insurers to charge unfair homeowner rates and cause subsidies among...
Federal Judge in Mississippi ‘Storm Surge’ Case Upholds Home Insurance Flood Exclusion
Apr 13 2006 // A federal judge in Mississippi has upheld the water damage exclusion in homeowners insurance policies in a ruling welcomed by insurers. U.S. District Judge L.T. Senter, Jr. of the Southern District of Mississippi denied a...
State-Run Wind Coverage Proposal Would Hurt Florida Consumers
Apr 12 2006 // The problems in the Florida homeowners insurance market will not be solved by the “overly simplistic” idea of establishing a state-run wind coverage program as proposed by Americans for Insurance Reform,...
