Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Average Cost of Household Water Damage Still Climbing Despite Drop in Claims
Nov 23 2004 // It may be sunny outside, but water continues to cause nearly a half-billion dollars of insured damage inside California homes each year. A continuing study by the Insurance Information Network of California (IINC) found...
Association Not Likely to Push Liability Cap for Nursing Homes in Ark.
Nov 22 2004 // No effort is planned in the upcoming Arkansas legislative session to gain approval for a measure that would limit damages that could be awarded in suits against nursing homes, a top industry official says. A measure to cap...
Texas Judge Strikes Down Rate Rollbacks for State Farm, Farmers
Nov 22 2004 // TDI, Lt. Governor vow to continue efforts on behalf of homeowners. A state district judge in Texas on Nov. 8, 2004, overturned mandated rate rollbacks in homeowners insurance for State Farm and Farmers insurance companies,...
Enhanced Homeowners Prog.
Nov 22 2004 // Nuts & Bolts: The Chubb Group of Insurance Companies enhanced its Platinum homeowners insurance program for Texas by offering more deductible options, new superior home protection credits and additional coverage. The...
High Value Homeowners
Nov 22 2004 // Nuts & Bolts: Abram Interstate Ins. Services Inc. is offering a new high valued homeowners policy. Extended replacement cost and replacement cost contents are automatically included. They offer flexible underwriting...
Six N.C. Homeowners Dispute Denial of Hurricane Ivan Damage Claims
Nov 19 2004 // Six residents in Peeks Creek, N.C. where four people died in a Hurricane Ivan-triggered landslide have hired lawyers to represent them after being denied insurance claims. Fifteen houses were damaged or destroyed in Peeks...
AIG Private Client Group Unveils Flood Coverage for Homeowner Policies in Several States
Nov 15 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible...
Association Not Likely to Push for Liability Cap for Nursing Homes in Ark.
Nov 14 2004 // No effort is planned in the upcoming Arkansas legislative session to gain approval for a measure that would limit damages that could be awarded in suits against nursing homes, a top industry official says. A measure to cap...
Perry Says Texas Lawmakers Will Deal With Insurers Dodging Rollbacks
Nov 14 2004 // Texas Gov. Rick Perry recently sent a message to State Farm and Farmers insurance companies, who have successfully fought state-ordered rate rollbacks for homeowners policies. “I’m not happy at all when...
Allstate Holding Off On New Homeowner Policies in Florida
Nov 11 2004 // Allstate Corp., the largest property casualty insurer in Florida, has announced it will cease writing new homeowners’ policies in Florida until the state Legislature meets in December and decides what to do about...
State Farm, Farmers Win a Round in Texas as Judge Strikes Down Mandated Rollbacks
Nov 9 2004 // A state district judge in Texas overturned mandated rate rollbacks in homeowners insurance for State Farm and Farmers insurance companies, but the Texas Department of Insurance is reportedly not ready to give up the...
Legislative watchdogs put a fresh spin on traditional lobbying techniques
Nov 8 2004 // Lobbying has been around for as long as any single profession has been around, but it has changed. It isn’t what it used to be,” said John Norwood, managing partner of Norwood & Mattoch, one of...
Underinsured Homeowner Problem Revisited on Anniversary of Calif. Wildfires
Nov 8 2004 // Replacement cost, policy limits, and non-renewal of policies were the source of a heated debate in a day-long hearing investigating underinsured homeowners affected by last year’s wildfires. California Insurance...
Chubb Enhances Texas Platinum Homeowners Program
Nov 3 2004 // The Chubb Group of Insurance Companies reported it enhanced its Platinum homeowners insurance program by offering more deductible options, new superior home protection credits and additional coverage. “Chubb is...
State Farm Easing Miss. Homeowner’s Growth Restrictions as Part of Commitment to Magnolia State
Nov 2 2004 // Mississippi’s largest insurer, State Farm, is easing its homeowner’s growth restrictions in the state. According to Commissioner of Insurance George Dale, this announcement demonstrates the company’s...
Fla. Gov. Bush Reveals More Reimbursement Details
Oct 27 2004 // After Hurricane Frances ripped open the roof of Lisa and Glenn Perrone’s St. Lucie County home, an insurance adjuster told the Perrones they were on the hook for an $8,315 deductible. And after Hurricane Jeanne...
Aon Re’s 3rd Annual Study: Improvement in Homeowners Prospective ROE Keeps Up
Oct 27 2004 // Aon Corp. (www.aon.com) announced Wednesday the results of Aon Re’s third annual study of return on capital in the United States homeowners insurance marketplace. The results of the study reportedly reveal continuing...
Fireman’s Fund Reports Single Deductible for Fla. Claims
Oct 26 2004 // The rapid succession of Hurricanes Charley, Frances, Ivan and Jeanne has reportedly prompted Fireman’s Fund Insurance Co. to allow its homeowners policyholders to treat property damage from the four storms as one...
Calif. Commissioner Stresses Importance of Home Inventory to Lessen Financial Strain in Wake of Disaster
Oct 26 2004 // Standing in a Pasadena resident’s home on the one-year anniversary of the 2003 Southern California Firestorms, Commissioner John Garamendi on Tuesday warned all California homeowners to conduct a home inventory as...
ALLSTATE STOPS WRITING SOME FLORIDA HOMEOWNER’S INSURANCE:
Oct 25 2004 // Allstate, Florida’s third-largest homeowner’s insurance company has stopped writing new policies in some sections of the state. More than 35,000 insurance adjusters traveled to the state after the onslaught of...
