Latest Homeowners Headlines

All the headlines from our Homeowners Topic Page, ordered by recency.

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...

Nonadmitted Markets Open Options for Homeowners

Oct 25 2004 // Even before Charley and Frances, insurers were fleeing the homeowners market for high-risk properties at an alarming pace. Over the last several years, large catastrophe and mold losses have caused insurers to dramatically...

GARAMENDI EASES ACCESS TO FAIR PLAN:

Oct 25 2004 // In response to rising difficulty consumers now face in securing homeowners insurance following last year’s firestorms, California Insurance Commissioner John Garamendi announced that he has eased eligibility...

N.C. Commissioner Discusses Good, Bad Side to Insurance Questions

Oct 23 2004 // North Carolina Insurance Commissioner Jim Long showed Friday just how high he would go to get re-elected. He climbed to the top of the New Bern Fire and Rescue Department’s 40-foot training tower during a campaign...

Calif. Commissioner Grills Insurers on Underinsured Homeowner Problem

Oct 22 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...

Northern Capital Insurance Co. to Begin Writing Homeowners Policies in South Florida in 2005

Oct 22 2004 // Northern Capital Insurance Company announced it plans to begin writing homeowners policies in Southeast and Southwest Florida in 2005. Alexander Anthony and Albert Fernandez, the principal shareholders of Citizens...

State Farm Partners with HFSC’s Steering Committee to Increase Home Safety

Oct 21 2004 // The nonprofit Home Fire Sprinkler Coalition (HFSC) announced that State Farm Insurance is the first representative of the insurance industry to join HFSC’s Steering Committee. “From the Coalition’s...

Fla. DFS Reminds Construction Contractors of Workers’ Comp Requirements

Oct 20 2004 // In response reportedly to hundreds of calls from homeowners and construction contractors, both in and out-of-state, concerned about Florida requirements for workers’ compensation insurance coverage, the Florida...

Wind Insurance Hikes Slap Coastal Residents

Oct 15 2004 // Coastal homeowners are getting socked again, and it has nothing to do with Charley, Frances, Ivan or Jeanne. Homeowners who buy hurricane insurance on their homes through Citizens Property Insurance Corp., the...

Survey Says Nearly 8 in 10 Calif. Homeowners in Fire Danger Areas Think Wildfire Losses ‘Unlikely’

Oct 14 2004 // Seventy-eight percent of California homeowners living in identified fire danger areas believe that it is “somewhat” or “very” unlikely their home will be damaged or destroyed by a wildfire,...

Garamendi Eases Access to FAIR Plan

Oct 13 2004 // In response to rising difficulty consumers now face in securing homeowners insurance following last year’s firestorms, California Insurance Commissioner John Garamendi announced Oct. 13 that he has eased eligibility...

California Homeowners

Oct 11 2004 // Nuts & Bolts: J.E. Brown & Associates is offering a homeowners program. The program is available to rate, quote and bind, all online and can be accessed through their Web site. The program accepts brush hazards,...

Nonadmitted Markets Open Options for Homeowners

Oct 11 2004 // Myths about the E&S market should not prevent homeowners from securing high-quality coverage. High-quality nonadmitted markets can provide consistent, reliable coverage for high-value and high-risk properties. Even...

Nonadmitted Markets Open Options for Homeowners

Oct 11 2004 // Even before Charley and Frances, insurers were fleeing the homeowners market for high–risk properties at an alarming pace. Over the last several years, large catastrophe and mold losses have caused a number of...