Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
MONTANA COMMISSIONER SAYS HOMEOWNERS INSURANCE RATES LEVELING OFF:
May 3 2004 // After three years of steep increases, homeowner insurance rates in Montana appear to have leveled off as the economic condition of the industry has improved, state Insurance Commissioner John Morrison said April 15....
Fla. CFO Applauds Lawmakers for Approving Legislation to Increase Availability of Homeowners Insurance
May 3 2004 // Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s...
AIR’s Severe Thunderstorm Model Key Component to New Peril-Based Fla. Homeowners Rates
Apr 29 2004 // For the first time, homeowners rates that include a severe thunderstorm component based on sophisticated catastrophe modeling have been included as part of a rating plan subject to approval by state regulators. Florida...
Minnesota: An Inside Look at the Land of Lakes
Apr 19 2004 // The U.S. Census Bureau’s 2000 census estimated the Minnesota population at 4.9 million. About 88 percent of the adult residents had graduated from high school and about 27 percent had earned a bachelor’s degree...
Fla. Taxwatch Backs Gallagher, Legislative Push to Increase Availability of Homeowners Insurance
Apr 16 2004 // Florida TaxWatch President & CEO Dominic Calabro said today that he supports Chief Financial Officer Tom Gallagher and state lawmakers in their efforts to increase the availability of homeowners insurance through...
Montana Commissioner: Homeowner Insurance Rates Leveling Off
Apr 16 2004 // After three years of steep increases, homeowner insurance rates in Montana appear to have leveled off as the economic condition of the industry has improved, state Insurance Commissioner John Morrison said April...
Maine High Court Upholds Insurer for Non-Renewing Homeowners Policies Over Day Care in Home
Apr 12 2004 // The Maine Supreme Court has upheld the right of an insurer not to renew a homeowners policy for insureds operating at-home day care centers, even though the operators had a separate commercial policies for their...
Up for Sale: Success in Today’s Homeowners Market
Apr 5 2004 // States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Barbies, Apes, Model Trains Galore; Don’t Forget Those Collectibles
Apr 5 2004 // Let’s say you’re sitting in a client’s living room, putting the finishing touches on a homeowners policy renewal. Everything is going as planned. That is, of course, until you see it. Perched on the...
Underwriting a Fast-Growing Segment: The Dream Home
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in...
Florida OIR Charges Ahead with Credit Score Workshop
Apr 5 2004 // Give the Florida Office of Insurance Regulation (OIR) credit, it has been a good listener when it comes to questions and concerns on the role of credit scoring. During a rule development workshop last month in Tallahassee,...
Underwriting the Dream Home
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high value, a dream home requires special handling from property insurers. High value homes represent a growing segment of the over 81 million single-family homes in...
Insuring the American Dream
Apr 5 2004 // Food, clothing and shelter. Economically speaking, those are the bare essentials without which a human being has a tough time existing on this planet. With this edition of Insurance Journal, we focus on insurance issues in...
Underwriting Upscale Homes the Right Way
Apr 5 2004 // Whether it’s called custom, upscale, mansion or high-value, a dream home requires special handling from property insurers. High-value homes represent a growing segment of the over 81 million single-family homes in...
Surplus Lines Products For Homeowners – Salvation or Cause for Concern’
Apr 5 2004 // In 2004, the California homeowners and dwelling marketplace continues to erode. In October 2003, catastrophic wildfires destroyed 790,000 acres of brush and forest land, and along the way destroyed 3640 homes, 1141...
Flood, Credit Rank Among Top 2004 Maryland Issues as Session Ends
Apr 5 2004 // As the 2004 Maryland legislative session draws to a close, a myriad of property/casualty insurance bills reportedly benefiting consumers in providing disaster relief and fair underwriting and rating practices are...
New Carrier for Fla. Homeowners Market
Mar 26 2004 // Coral Insurance Company, an admitted Florida insurance carrier and fully-owned subsidiary of Coral Enterprises LLC, has now begun underwriting homeowners insurance, initially with a dozen Dade, Broward and Palm County...
Mass. Eyes Fla.-style Hurricane Fund to Ease Coastal Homeowners Crisis
Mar 22 2004 // Massachusetts officials, searching for ways to ease a homeowners insurance availability crisis on Cape Cod and other coastal areas, are researching how Florida dealt with its insurance difficulties 10 years ago when it set...
Pennsylvania: Home to Gene Kelly, Liberty Bell and Hershey Chocolate
Mar 22 2004 // The states boasts a good homeowners loss ratio and a diversified economy The United States Census Bureau’s Census 2000 estimated the population of the Pennsylvania at 12,281,054. Approximately 82 percent of the adult...
Insurance Scoring Reportedly Provides Significant Benefits to Fla. Consumers
Mar 22 2004 // Insurance scoring is a proven, accurate, objective and consistent risk assessment tool that provides significant benefits to Florida consumers, the Florida insurance industry testified Monday at a Florida Office of...
