Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Construction Defects Burning a Hole through the Residential Contractors Market
Jul 19 2004 // Whether real or imagined, the threat of construction defects litigation has burned through the residential contractors liability insurance market like a California wildfire. Over the past couple of years, contractors and...
Wildfire Victims Question Industry’s Cost Calculator
Jul 19 2004 // Don Robinson says his Residence Mutual insurance policy pegged the cost of replacing his San Diego home at $233,000. After Southern California’s wildfires destroyed the 40-year-old biologist’s four bedroom...
Losses Drive High Cost of Detroit Metro Auto Coverage, Insurance Lobby Says
Jul 14 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...
Chubb Warns Homeowners to Make Hurricane Preparations as Percentages Increase
Jul 14 2004 // Tropical storm experts are forecasting a 71 percent chance of a major hurricane hitting the U.S. coastline in 2004 – a significant jump from the long-term average of 52 percent. The National Oceanic Atmospheric...
Calif. Building, Reconstruction Costs at All Time High
Jul 13 2004 // Salt Lake City-based Castle Data Services, a nationwide provider of residential replacement cost data, announced the results of a comprehensive statewide review of California building costs. The results showed that while...
Wildfire Victims Question Industry’s Cost Calculator
Jul 12 2004 // Don Robinson says his Residence Mutual insurance policy pegged the cost of replacing his San Diego home at $233,000. After Southern California’s wildfires destroyed the 40-year-old biologist’s four-bedroom...
Homeowners in Hurricane Paths Hit with High Insurance Costs
Jul 5 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...
LT. GOV. WANTS LOWER RATES FASTER:
Jul 5 2004 // Texas Lt. Governor David Dewhurst has reportedly taken State Farm and Farmers to task for not lowering their homeowners rates in the state at a faster pace and contesting the decreases in court. A report in the Houston...
Homeowners Coverage
Jul 5 2004 // Nuts & Bolts: The Hartford Financial Service Group Inc. introduced a homeowners’ insurance program designed to meet the changing coverage needs of families over their lifetime. Highlights of The Hartford’s...
S.C. Homeowners’ Flex Rating Bill Gets House Backing
Jul 5 2004 // Southeast News • May 28, 2004 Kudos to Ernie and South Carolina for their progressive thinking. Louisiana passed a 10% Flexband for ALL lines last year. Hopefully it will bring carriers back to our State. Congrats to...
Homeowners Coverage
Jul 5 2004 // Nuts & Bolts: The Hartford Financial Service Group Inc. introduced a homeowners’ insurance program designed to meet the changing coverage needs of families over their lifetime. Highlights of The Hartford’s...
High Valued Homes
Jul 5 2004 // Nuts & Bolts: Cascade/Amstar is offering a new High Valued Homes: HO3 program. Dollars: $2.5 million in house authority, higher limits available on a submitted basis and a minimum deductible of $1,000. Carrier: Lloyds...
S.C. Homeowners’ Flex Rating Bill Gets House Backing
Jul 5 2004 // Southeast News • May 28, 2004 Kudos to Ernie and South Carolina for their progressive thinking. Louisiana passed a 10 percent Flexband for ALL lines last year. Hopefully it will bring carriers back to our State. Congrats...
ACIC: Consumers Benefit From Committee Action
Jun 24 2004 // Action taken by the Assembly Insurance Committee on pending homeowner insurance bills will benefit consumers in California, according to the Association of California Insurance Companies. “Consumers are best served...
MAINE LIST AIDS HOMEOWNERS:
Jun 21 2004 // Maine Superintendent of Insurance Alessandro A. Iuppa has compiled an online list of 39 property and casualty insurance companies that have indicated a willingness to consider insuring certain types of risks in the...
Homeowners
Jun 21 2004 // Nuts & Bolts: The Hartford Financial Service Group Inc. introduced a homeowners’ insurance program designed to meet the changing coverage needs of families over their lifetime. Highlights of the Hartford’s...
South Carolina Lawmakers Back Homeowners’ Flex-band Rating
Jun 21 2004 // Concurring with a series of House amendments, the South Carolina State Senate approved a bill recently that creates a flex-band rating bill for homeowners’ insurance, similar to that enacted for the state’s...
