Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
TDI Stands by Rate Cuts for State Farm, Farmers
Sep 16 2003 // Ruling on appeals filed by State Farm Lloyds Insurance and Farmers Insurance Companies regarding ordered homeowners rate reductions, Texas Insurance Commissioner Jose Montemayor upheld the rate cuts ordered by the Texas...
Complaints Against Ill. Insurers Decline Slightly
Sep 11 2003 // Illinois consumers filed fewer complaints about their insurance companies and HMOs according to the 2002 consumer complaint statistics released today by Director of Insurance J. Anthony Clark. A major exception to this...
ISO Authorized to Provide Advisory Pricing Info to Texas Insurers
Sep 11 2003 // Insurance Services Office Inc. (ISO) announced that it is now able to provide advisory information services to Texas insurers for four lines of insurance—commercial auto, personal auto, homeowners and dwelling...
Final Round of Homeowners Rate Reviews Over for TDI
Sep 11 2003 // The Texas Department of Insurance (TDI) completed its second and final round of reviews of Texas homeowners’ insurance company rates, in which 29 companies were reviewed and 5 insurers were ordered to reduce rates...
Homeowners Insurance Expects 8% Jump in 2004
Sep 10 2003 // Rapidly rising construction costs prices, home remodeling and increasingly expensive natural disasters are expected to push the cost of homeowners insurance up by 8 percent in 2004, according to a report by the Insurance...
Hearings Underway on TDI Mandated Homeowners Rate Cuts
Sep 8 2003 // Eleven of the state’s largest homeowners carriers have filed appeals with the Texas Department of Insurance, requesting hearings on recent state-ordered rate cuts. On Aug. 8, 2003, Texas Insurance Commissioner José...
IBHS Web Site Offers Information on Protecting Homes, Businesses from Disaster
Aug 27 2003 // The Institute for Business & Home Safety (IBHS) is making access to disaster protection information easier with the next generation of its Web site, www.disastersafety.org. The latest enhancements to the IBHS Web site...
Trade Associations Prevail in Lawsuit Challenging Calif. Homeowners Emergency Regs
Aug 26 2003 // Three insurance trade associations announced that a Sacramento Superior Court sustained their challenge to the legality of a homeowners insurance Emergency Regulation issued by the California Department of Insurance (CDI)...
First Floridian Offers Discounts for ‘Fortified’ Homes
Aug 22 2003 // First Floridian Auto and Home Insurance announced it has begun offering a homeowners insurance discount of up to 10 percent on new homes in the state built to “Fortified …for safer living” standards....
Calif. Commissioner Announces New Emergency Regs for Homeowners
Aug 22 2003 // Watch Video Length: 10 min 36 sec Lo | Hi California Insurance Commissioner John Garamendi reiterated that homeowners are in crisis during a press conference in San Diego Aug. 21, announcing new additions to his...
SCINS Says Costs for Water Damage Growing Rapidly
Aug 21 2003 // The cost of household water damage in South Carolina continues to grow at an alarming rate, according to the South Carolina Insurance News Service (SCINS). The group said that in 2002 water claims cost the insurance...
Never a Dull Moment
Aug 18 2003 // It seems there’s never a dull moment in the Texas homeowners market. Insuring homes has always been a gamble here, what with the state’s notorious propensity for attracting wild weather. But since the Ballard...
Texas Carriers Ordered to Lower Homeowners Rates
Aug 18 2003 // On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save...
Oklahoma Program Under New Management
Aug 12 2003 // Insurance Commissioner Carroll Fisher announced that the Oklahoma Market Assistance Program, which helps Oklahomans purchase homeowners insurance, is under new management. The move came after the program’s long-time...
Texas Carriers Ordered to Lower Homeowners Rates
Aug 11 2003 // On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save...
Abram Interstate Unveils New Homeowner Program
Aug 6 2003 // California-based Abram Interstate has a new homeowners progam available. The program includes: Nuts & Bolts: Abram Interstate, Inc., announced a new Homeowner program. Dollars: Values start at $300,000 and up to $5...
BILL BANNING INSURANCE SCORES FAILS IN CALIF. ASSEMBLY COMM.
Aug 4 2003 // California Senate Bill 691 failed to pass the state Assembly Insurance Committee recently, legislation that would have reportedly banned the use of credit-based insurance scores for underwriting and rating homeowners...
Homeowners
Aug 4 2003 // Nuts & Bolts: Abram Interstate Inc., announced a new Homeowner program. Dollars: Values start at $300,000 & up to $5M. PC 1-10,Brush,w/ 150 ft of clearance,slope to 35%,150% Extended Replacement Cost,up $1M...
ALDOI Urges Homeowners to Review Hurricane Coverage
Aug 1 2003 // August ushers in the peak of hurricane season, so the Alabama Department of Insurance is asking Alabama homeowners to check their insurance policies in regards to hurricanes—particularly in the area of deductibles. In...
Profitable Performance by Safeco’s Auto and Group Lines Drives Q2 Results
Jul 28 2003 // Profitable performance of its Auto and Group stop-loss medical insurance lines drove Safeco’s second-quarter results as the company reported net income of $111.9 million, or $0.81 per diluted share. This compares...
