Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Citizens Board Agrees to Increase Florida Rates; OIR Approval Necessary
Dec 4 2005 // Home insurance rate increases as high as 31 percent for some properties, were approved Nov. 17 by the board of governors of Citizens Property Insurance Co., Florida’s insurer of last resort, and now have to go to the...
A New Home for Lower Value Dwellings
Dec 4 2005 // Heartland Marketing Group Inc. recently introduced a new market for lower valued homes, including mobile/manufactured home, travel trailer and stand-alone dwelling fire risks. Offered through Aegis Security Insurance...
Consumer Advocates and Insurance Groups Urge Texans to Cash in on Competition
Dec 1 2005 // Consumer advocates and insurance groups announced the launch of a public education campaign to encourage Texans to shop around for insurance. The campaign marks the one-year anniversary on Dec. 1 of the implementation of...
IIAT Survey Shows Improved Conditions in Texas Homeowners, Auto Markets
Dec 1 2005 // Independent insurance agents in Texas report improved homeowners insurance coverage and lower premium prices for both homeowners and auto insurance as the year comes to an end. A survey of more than 1,800 member agencies...
Florida’s CFO Gallagher Backs National Catastrophe Fund
Nov 25 2005 // A National Catastrophe Fund that would provide assistance for insurance claims in Florida has been endorsed by Tom Gallagher, Florida’s CFO. The CFO’s recommendations came after officials, including Florida...
Iowa Tornadoes Leave 1 Dead, 70 Homes Damaged
Nov 21 2005 // Nearly one week after tornadoes left more than 20 dead in Indiana, tornadoes on Nov. 12 killed at least one woman and destroyed 70 homes in Iowa. At least three twisters hit two counties in the towns of Stratford and...
Burns & Wilcox to Re-Brand Service General Personal Lines Subsidiary
Nov 21 2005 // Burns & Wilcox, one of the nation’s largest wholesale brokerage firms, announced it will no longer market the company’s personal lines business as Service General, but instead will conduct all personal...
Fla. CFO Gallagher Voices Support for Tax-Deferred CAT Fund Reserves
Nov 21 2005 // The serious challenge to Florida’s economy, the rising cost of property insurance and five solutions to hurricane issues were discussed on Nov. 7 in Tallahassee by Florida’s CFO Tom Gallagher at a briefing...
Hurricanes Katrina and Rita: Exposing Settled (?) Insurance Coverage Issues
Nov 21 2005 // After any natural disaster, people who suffered property damage eventually look for sources of money to repair their damage and/or replace their loss with insurance being the first source for those with policies. In this...
Dwelling Fire–California
Nov 21 2005 // Nuts & Bolts: The Foremost Insurance Co., Grand Rapids, Mich., has introduced a dwelling fire program in California. The program is designed for individuals with lower-valued homes, “fixer-uppers,”...
Iowa Tornadoes Leave 1 Dead, 70 Homes Damaged
Nov 20 2005 // Nearly one week after tornadoes left more than 20 dead in Indiana, tornadoes on Nov. 12 killed at least one woman and destroyed 70 homes in Iowa. At least three twisters hit two counties in the towns of Stratford and...
Fla. CFO Gallagher Voices Support for Tax-Deferred CAT Fund Reserves
Nov 20 2005 // The serious challenge to Florida’s economy, the rising cost of property insurance and five solutions to hurricane issues were discussed on Nov. 7 in Tallahassee by Florida’s CFO Tom Gallagher at a briefing...
Hurricanes Katrina and Rita: Exposing Settled (?) Insurance Coverage Issues
Nov 20 2005 // After any natural disaster, people who suffered property damage eventually look for sources of money to repair their damage and/or replace their loss with insurance being the first source for those with policies. In this...
Burns & Wilcox to Re-Brand Service General Personal Lines Subsidiary
Nov 20 2005 // Burns & Wilcox, one of the nation’s largest wholesale brokerage firms, announced it will no longer market the company’s personal lines business as Service General, but instead will conduct all personal...
Insurance Adjustors Write Checks for Destroyed Homes in Iowa
Nov 16 2005 // Insurance adjustors surveyed tornado damage in central Iowa, with one saying the devastation equals that of Hurricane Andrew that hit Florida in 1992. “I worked Hurricane Andrew and it looks a little bit like...
Commissioner Cautions W. Va. Homeowners: Be Prepared For Winter
Nov 15 2005 // ‘Tis the season…for extreme cold, freezing rain, snow and strong winds, therefore, it is important to inspect and winterize your home, according to West Virginia Insurance Commissioner, Jane L. Cline. The...
Detroit Mayor Targets High Auto, Homeowner Insurance Rates
Nov 14 2005 // Detroit Mayor Kwame Kilpatrick said he will attack the high cost of auto and homeowner’s insurance in Detroit first by negotiating with the insurance industry. If that doesn’t work, Kilpatrick said, he’ll...
Iowa Tornadoes Leave 1 Dead; Dozens of Homes Damaged
Nov 13 2005 // Nearly one week after killer tornadoes left more than 20 dead in Indiana, weekend tornadoes in Iowa killed at least one woman on Saturday and forced the evacuation of people from a college football game. The twisters hit...
AMC Launches Product for Hard-to-Place Homeowners’ Risks
Nov 10 2005 // Conway, Ark.-based American Management Corporation’s new high-end homeowners policy allows agents to bring home clients with hard-to-place risks in Arkansas, Oklahoma and Missouri. The new plan will provide coverage...
Citizens Property Board to Consider Rate Hikes When it Meets Next Week
Nov 9 2005 // Back-to-back insurance rate increases averaging 20 percent for non-hurricane premiums and 32 percent for wind-only premiums could be requested by Citizens Property Insurance Corp.’s board of directors after it meets...
