Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
PCI: Mobile Homes Bear Brunt of Charley’s Wrath in Florida
Aug 27 2004 // Despite improvements in construction and safety standards since Hurricane Andrew, damage to mobile homes in the path of Hurricane Charley was significant according to the Property Casualty Insurers Association of America...
Ill. Homeowners Complaints Up 2nd Year in Row
Aug 26 2004 // While Illinois consumers filed fewer complaints about their insurance companies and HMOs in 2003, complaints regarding homeowners insurers were up for the second consecutive year, according to statistics released by the...
State Farm Ruling Could Expand to Other Home Insurers
Aug 25 2004 // Attorney General Mike Hatch is intervening in a lawsuit that seeks to stop a State Farm insurance rate increase approved by the Department of Commerce earlier this year. The agency’s decision would allow...
Yuma Homeowners Insurance Rates Could Go Up
Aug 25 2004 // A national insurance organization has lowered its rating on Yuma, Arizona’s family home building codes, a move that could result in higher home insurance rates here. The Insurance Services Office reviewed the codes...
PCI Shares Montemayor’s Optimism About Texas Homeowners Market
Aug 25 2004 // National insurance trade association Property Casualty Insurers Association of America (PCI) reported that Texas Insurance Commissioner Jose Montemayor told the House Insurance Committee that the reforms implemented...
IBHS Engineers Advise on Homeowner Repairs
Aug 24 2004 // Homeowners having roofs repaired after Hurricane Charley must make sure the plywood panels protecting their homes are nailed in place. Engineers from the Institute for Business & Home Safety (IBHS) surveying damage...
Fire Safety Lapses Widespread in Nursing Homes
Aug 23 2004 // Fire safety problems at nursing homes are widespread and government oversight is lacking, according to congressional investigators who issued a report spurred by deadly fires in homes in Connecticut and Tennessee. Nearly...
Homeowners in Hurricane Paths Hit with High Insurance Costs
Aug 23 2004 // Retired police officers Ed and Nancy McCue are thinking about leaving their dream home near the shores of Biscayne Bay because it’s in a prime area for hurricanes. It’s not the storm threat itself that’s...
Bracing for the Worst: Industry Prepares for Another Wildfire Season
Aug 23 2004 // The fire season started early this year. Wildfires erupted all over California and in Nevada in mid-July, forcing thousands to evacuate and destroying several homes and outbuildings. Affected areas in California included...
ACIC Urges Governor to Sign Three Post-Fire Bills
Aug 19 2004 // The Association of California Insurance Companies (ACIC) today urged Gov. Arnold Schwarzenegger to sign into law three significant bills that respond to issues raised following last year’s Southern California...
Allstate to Pay $60M in Refunds to Texas Homeowners
Aug 17 2004 // Allstate Texas Lloyds, an affiliate of the Allstate Corporation will issue refunds of 8.75 percent of the premium paid by its Texas home insurance customers for policies with effective dates from Sept. 7, 2003, through...
Conn. Appeals Court Reverses Lower Court on Coverage for Husband’s Shooting of Wife in Bed
Aug 12 2004 // The state Appellate Court in Connecticut has reversed a Superior Court ruling that the shooting of his wife by a husband is covered under a homeowners policy. The unanimous ruling denies the imprisoned husband coverage for...
Fla. CFO Activates Storm Line
Aug 12 2004 // Florida’s Chief Financial Officer Tom Gallagher will keep the Department of Financial Services’ storm line, 1-800-22-STORM, operating throughout the weekend to assist Floridians in the event of damage from...
Michael E. James Offering Free Cabo Trips for Agents
Aug 12 2004 // Mike James, president of Michael E. James Insurance Agency plans to send agents out of the country to Mexico next year by implementing a reward program that enables qualifying agents and brokers to win an all expense paid...
High-Valued Homeowners
Aug 9 2004 // Nuts & Bolts: Canon Insurance announced a series of expanded benefits to its respected high-valued homeowners program. This program features a revamped and improved policy form designed around high-value homes for...
Losses Drive High Cost of Detroit Metro Auto Coverage, Insurance Lobby Says
Aug 9 2004 // Higher claims frequency and severity make it twice as expensive for insurers to offer full auto and homeowners coverage to residents in metropolitan Detroit than the state as a whole, according to a recent study conducted...
Atlantic Mutual Reducing Deductibles to Reward Claim-Free Homeowners and Drivers
Jul 22 2004 // Atlantic Mutual Insurance Co.announced that it will reduce home and auto insurance policy deductibles by 10 percent for many customers each year they are claim-free˜providing long-term savings. “So many of our...
Oregon and Idaho Seminars Focus on CLUE Reports
Jul 22 2004 // The use of loss history reports in underwriting homeowners insurance policies was the subject of seminars held recently in Oregon and Idaho. Sam Sorich, Western Region vice president for the Property Casualty Insurers...
Safeco Posts Strong Profits in All Major P/C Segments
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
California Legislative Committee Takes Action on Homeowners Bills
Jul 19 2004 // The Assembly Insurance Committee took action on several pending homeowners insurance bills in late June. According to the Association of California Insurance Companies (ACIC), consumers will benefit from the recent...
