Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
An Improving Texas Homeowners Market
Mar 22 2004 // The Texas homeowners insurance market is apparently on the rebound, according to data reports filed by carriers with the Texas Department of Insurance. TDI said the top Texas homeowners insurers reported a loss ratio of 58...
AARP, Texas Watch Call for ‘True Insurance Reform’
Mar 17 2004 // The AARP Texas and Texas Watch announced a new statewide campaign to pass true homeowners insurance reforms and eliminate unjustified rate hikes. Together, the organizations represent over two million Texans. The...
TDI: Data Shows Improvement in Homeowners Market
Mar 16 2004 // The Texas homeowners insurance market has turned the corner and is regaining momentum to be more competitive, according to year-end reports that carriers file with the Texas Department of Insurance (TDI). TDI said the top...
PCI Disappointed with WY Legislature’s Action on Homeowners Insurance
Mar 9 2004 // As the Wyoming Legislature wrapped up its 30-day session on March 5, the Property Casualty Insurers Association of America (PCI) expressed disappointment in the passage of a key bill dealing with homeowners...
MAJORITY OF CALIF. WILDFIRE CLAIMS RESOLVED, SAYS IINC:
Mar 8 2004 // A new insurer survey estimates that roughly three-quarters of claims stemming from the devastating October wildfires have been resolved. A poll by the Insurance Information Network of California of insurers representing...
Nursing Homes, Assisted Living
Mar 8 2004 // Nuts & Bolts: Arrowhead Managed Insurance Programs is offering a market for nursing homes and assisted living. Dollars: Minimum deductible SIR of $50,000. Minimum premium, $50,000; policy limits: $1 million to $3...
Mountaineer State Faces Many of the Nation’s Same Issues
Mar 8 2004 // While not the biggest state in the southeastern region, West Virginia like all other states has its insurance issues. Insurance Commissioner Jane Cline recently set aside some time to talk with Insurance Journal Southeast...
Allmerica CEO: Mass. Personal Lines Capacity Woes Could Spread to Other Lines
Mar 4 2004 // Massachusetts has a capacity crisis not just an auto market crisis which is being played out most vividly on Cape Cod and could spill over into other lines if more and bigger companies are not attracted to the state,...
IIABNY Survey Finds Most Northeast In-Home Businesses Vulnerable
Mar 1 2004 // A survey, conducted by the Independent Insurance Agents & Brokers of New York Inc, found that “tens of thousands of home-based businesses in New York and eight other Northeast states are needlessly at risk...
Auto, HO Rate Changes in the Works in Pennsylvania
Mar 1 2004 // The industry’s Insurance Services Office, Inc. has asked the Pennsylvania Insurance Department to permit a loss cost decrease of 1.8% on all policies written on or after Dec. 1, 2004 for private passenger automobile...
Farmers Cuts N.D. Homeowners Rates Up to 15%
Feb 26 2004 // Captive agency carrier the Farmers Insurance Group of Cos. announced the introduction of the new home/life discount for its North Dakota homeowners customers. Customers who have both a life insurance policy and a...
Mass. Officials Respond To Cape Homeowners Crisis
Feb 26 2004 // The Massachusetts Division of Insurance has responded to concerns over the lack of homeowners insurance in coastal areas in the state. The Division confirmed that the Andover Group insurers, Cambridge Mutual Fire and...
21st Century Holding Co. Sub, Federated National Insurance Co., Approved for Policy Take Out in Florida
Feb 26 2004 // 21st Century Holding Company, a vertically integrated financial services holding company, announced that one of its subsidiaries, Federated National Insurance Company, has been granted approval by the Florida Office of...
Mountaineer State Faces Many of the Nation’s Same Issues
Feb 26 2004 // While not the biggest state in the southeastern region, West Virginia like all other states has its insurance issues. Insurance Commissioner Jane Cline recently set aside some time to talk with Insurance Journal Southeast...
Majority of Calif. Wildfire Claims Resolved, Says IINC
Feb 24 2004 // A new insurer survey estimates that roughly three-quarters of claims stemming from the devastating October wildfires have been resolved. A poll by the Insurance Information Network of California of insurers representing...
Massachusetts Agents Cite Crisis in Homeowners Market on Cape Cod
Feb 24 2004 // The lack of availability of insurance for properties in Cape Cod coastal communities and in some Massachusetts urban areas has reached “crisis” proportion in the opinion of the state’s insurance agents,...
Underwriting the Dream Home
Feb 23 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 more than 81 million single-family homes...
Nursing Homes Under the Microscope
Feb 23 2004 // As we age in life, thoughts oftentimes turn to just who will take care of us when that day comes when we can’t fend for ourselves. Even those in society with many relatives are not guaranteed that they one day...
SOUTH CAROLINA HOMEOWNERS RATE MODERNIZATION BILL CLEARS FIRST HURDLE:
Feb 23 2004 // The South Carolina Senate Banking and Insurance Committee recently approved a flex rating bill supported by the American Insurance Association that would reportedly eliminate prior approval for homeowners insurance rates....
Underwriting the Dream Home
Feb 23 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...