Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
News Briefs
May 23 2005 // GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to...
PIFC: California Commissioner’s Proposed Homeowner Regs Flawed
May 23 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
PIFC: California Commissioner’s Proposed Homeowner Regs Flawed
May 23 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
Allstate Floridian Scaling Back on Risk; Applies to Drop 95,000 Homeowners
May 19 2005 // Allstate Floridian, the state’s third-largest provider of homeowners insurance has applied to the Florida Office of Insurance Regulation in Tallahassee to scale back its insurance risk in Florida by dropping 95,000...
Hurricane Relief Property Tax Refunds Being Mailed to Fla. Homeowners
May 18 2005 // Florida homeowners forced out of their homes for 60 days or more last year as a result of named tropical storms or hurricanes have begun to receive hurricane relief payments from the Department of Revenue. Checks averaging...
La. Suit Challenges State Farm’s Conversion of Homeowner Policies
May 17 2005 // Two State Farm Insurance Co. customers have filed suit, claiming the company illegally converted the homeowner policies of hundreds of thousands of Louisiana residents in ways that effectively raised their rates and...
NHC Director: Homes Meeting New Building Codes Fared Better in Hurricanes
May 12 2005 // Upgrading older homes to meet new building standards, which require new homes to withstand hurricane-force winds, is a key to surviving hurricanes, Max Mayfield, director of the National Hurricane Center in Miami,...
Union General Now Offering Online Underwriting and Rating System
May 12 2005 // Union General is now offering its producers an online underwriting and rating system for Mobile Home; Homeowners, and Dwelling Fire Business. The online system is more than just a rater – agents can type in the...
State Farm Trims Del. Homeowners Rates by Average of 5%
May 11 2005 // Delaware Insurance Commissioner Matt Denn announced that State Farm Insurance, the state’s largest insurer of homes and second largest insurer of automobiles, would cut its automobile and homeowners insurance rates...
SIIS Warns Texans About Coverage for Flood Damage
May 10 2005 // 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 too late that it is not, according to Jerry...
Conn. Dog Bill Would Muzzle Insurers
May 9 2005 // When Connecticut state Rep. Melissa Olson called around for homeowner’s insurance recently, an agent on the other end of the line asked what kind of dog the Norwich Democrat owned. Olson didn’t really know for...
The Facts About Credit Information and Insurance
May 9 2005 // The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used...
Florida CFO Lauds Passage of Homeowners Insurance Protections for Residents
May 9 2005 // Florida’s Chief Financial Officer Tom Gallagher on Monday said that the homeowners insurance legislation that passed late Friday contains numerous provisions that will benefit Florida’s...
PCI Submits Comments to FTC on Credit Scoring Research
May 5 2005 // The main benefit of using credit history to underwrite auto and homeowners insurance policies is that it allows insurers to charge lower risk consumers less for their coverage, according to the Property Casualty Insurers...
Best Affirms Ratings for American Modern; Assigns Issuer Credit Ratings
May 5 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Ohio-based American Modern Insurance Group (American Modern) and its property/casualty affiliates. A.M. Best has also affirmed the financial...
Calif. Credit Regulation Bill Passes First Committee
May 4 2005 // Legislation sponsored by the Association of California Insurance Companies (ACIC) to impose strong regulation of the use of credit information by homeowners insurers passed its first committee test today. The bill, AB 1454...
PCI Ad Campaign: Alerts Lawmakers About Negative Effects of ‘Pro-Consumer’ Proposals
May 2 2005 // The Property Casualty Insurers Association of America launched an advertising campaign today in Florida warning lawmakers about misguided hurricane insurance bills that will raise rates, make insurance harder to find and...
PIFC: Garamendi’s Proposed Homeowner Regs Flawed
Apr 29 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
California Panel To Consider Anti-Consumer Insurance Bills
Apr 27 2005 // The Senate Banking, Finance and Insurance Committee this week will consider three bills that have one thing in common – provisions that ultimately will hurt consumers if enacted, according to Sam Sorich, president of...
PCI Submits Comments to Federal Trade Commission on Credit Scoring Research
Apr 27 2005 // The main benefit of using credit history to underwrite auto and homeowners insurance policies is that it allows insurers to charge lower risk consumers less for their coverage, according to the Property Casualty Insurers...
