Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Personal Lines Update
Feb 19 2006 // Florida’s Standard Personal Lines Committee has recommended to the Florida Legislature that a task force with extensive insurance knowledge regarding the legalities of insurance contracts and actuarial support review...
N.Y. Sets Agenda for Public Hearing on Homeowners Insurance Market
Feb 13 2006 // New York Superintendent of Insurance Howard Mills released the agenda for a public hearing on the state’s current homeowners’ insurance marketplace that is scheduled for Monday, Feb. 27. The public hearing will...
Judge: La. Homeowners Can Opt Out of Suit Against Murphy Oil
Feb 10 2006 // Terms of a class-action lawsuit against Murphy Oil USA does not prevent Louisiana homeowners from leaving the suit and settling their own claims stemming from the refinery’s oil spill after Hurricane Katrina, a judge...
National Statistics Show Wisconsin Great Buy on Auto/Home Insurance
Feb 9 2006 // National statistics show insuring your home and vehicle is cheaper in Wisconsin than nearly any other state, according a report from Wisconsin Public Radio. Data from the National Association of Insurance Commissioners...
Michigan Territorial Rating Bill Could Raise Rates for Most Consumers
Feb 8 2006 // Legislation supported by Detroit-area lawmakers, which seeks to lower insurance costs in their city, could increase premiums up to 60 percent for other Michigan consumers by prohibiting insurance companies from using...
Fla. CFO Wants to Expedite Payments for Living Expenses, Personal Contents
Feb 7 2006 // New legislation that would expedite the rebuilding process for hurricane victims will be suggested to the Florida Legislature by Tom Gallagher, the state’s CFO. The measure would ensure homeowners immediately receive...
Mass. needs new insurance capital to weather big storm
Feb 6 2006 // The Massachusetts economy could be battered if a major storm were to hit the metropolitan Boston area because the state’s homeowners insurance market is undercapitalized, the state’s insurance regulator is...
VERMONT MUTUAL LATEST TO BE DRIVEN OFF CAPE COD
Feb 6 2006 // While the Massachusetts insurance regulator is warning about problems in the homeowners market, another insurer has decided it can’t continue to write homeowners insurance on Cape Cod. Starting April 1, Vermont...
AAA to sell auto, homeowners policies in Hawaii
Feb 6 2006 // Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha...
Vermont Mutual latest to be driven off Cape Cod
Feb 5 2006 // While the Massachusetts insurance regulator is warning about problems in the homeowners market, another insurer has decided it can’t continue to write homeowners insurance on Cape Cod. Starting April 1, Vermont...
News Currents
Feb 5 2006 // Mass. needs new insurance capital to weather big storm The Massachusetts economy could be battered if a major storm were to hit the metropolitan Boston area because the state’s homeowners insurance market is...
AAA to sell auto, homeowners policies in Hawaii
Feb 5 2006 // Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, allowing it to begin offering homeowners and auto insurance policies to AAA members in the Aloha...
Fla. Committee Recommends More Study; Releases ‘Quick-Check’ Guides
Feb 2 2006 // Florida’s Standard Personal Lines Committee has recommended to the Florida Legislature that a task force with extensive insurance knowledge regarding the legalities of insurance contracts and actuarial support should...
I.I.I. Says Nearly 70% of Katrina Homeowner Claims Settled in Louisiana, Mississippi
Feb 2 2006 // Homeowners insurers have settled nearly 70 percent of claims from Hurricane Katrina in Louisiana and Mississippi, according to the Insurance Information Institute (I.I.I.). The I.I.I. estimated that more than 732,000...
Homeowners’ Insurance Focus of Feb. 27 Public Hearing in New York
Feb 1 2006 // Superintendent of Insurance Howard Mills reported that the New York State Insurance Department will hold a public hearing focusing on conditions in the homeowners’ insurance market in light of Allstate’s...
Miss. Commissioner Dale: Leader, Follower or Shill?
Jan 30 2006 // George Dale walks a tightrope in his job as Mississippi’s insurance commissioner. He is charged with the responsibility of regulating the industry that provides most of his election support while protecting consumers...
Mass. Economic Warning: Insurance Market Short on Capital
Jan 27 2006 // Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm hits the metropolitan Boston area, the Commonwealth’s insurance regulator is...
AAA To Offer Auto, Homeowners Insurance in Hawaii
Jan 27 2006 // Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, to allow it to begin offering homeowner’s and auto insurance to AAA Hawaii members. Auto and...
Vermont Mutual Latest to Exit Cape Cod Mass. Homeowners Market
Jan 26 2006 // Another insurer has decided it can’t continue to write homeowners insurance policies on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 dwelling policies, Tom Tierney,...
Texas Comptroller Says Construction Commission Favors Builders
Jan 25 2006 // The Texas Residential Construction Commission is acting as a “builder protection agency” and has no power to force homebuilders to repair construction defects in new houses, according to state Comptroller...
