Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Farmers Refuses TDI Offer
Sep 25 2002 // The Farmers Insurance Group of Companies announced it will not renew current homeowners insurance policies in Texas beginning November 2002, and will no longer be able to provide the state’s customers with homeowners...
Help for Texas Homeowners from Allstate, UNT
Sep 25 2002 // Allstate Insurance Company and the University of North Texas (UNT) announced the launch of a consumer education Web site, www.insuretexas.org, to help Texans learn about and compare the new homeowners policy forms approved...
TDI Offers Settlement Proposal to Farmers
Sep 25 2002 // As rumors and speculation swirled about whether Farmers Insurance is planning to completely withdraw from the Texas homeowners market, the Texas Department of Insurance (TDI) proposed a resolution to its dispute with...
Local Reports Find Big Increases in Med Mal, Home Owners Rates
Sep 20 2002 // One report spotlights the crisis among doctors in North-eastern Ohio, who are refusing to deliver babies due to higher medical malpractice insurance premiums; another report from Detroit says that home owners insurance...
AIA Urges Calif. Gov. to Approve Measure Giving Builders the Right to Repair Construction Defects
Sep 18 2002 // The American Insurance Association (AIA) is calling upon Gov. Gray Davis (D) to sign a measure that will give California builders the right to repair construction defects. AIA says this measure will reduce the number of...
NAII Provides Overview on Recent Homeowners Trends
Sep 17 2002 // Growing losses and expenses from an increase in mold claims, weather-related losses, and a significant reduction in investment income have contributed to rising rates for many homeowners’ insurers, according to the...
Nursing Homes
Sep 16 2002 // Nuts & Bolts: The Managed Insurance Programs Division of Arrowhead General Insurance Agency has launched a new nursing home insurance and risk management program, “Silver Lining.” Dollars: The Division...
Texas Approves ISO Homeowners 200 Program
Sep 16 2002 // The Texas Department of Insurance (TDI) has cleared the way for insurers to provide policyholders expanded coverage options under Insurance Services Office, Inc.’s (ISO) Homeowners 2000 program. With Texas on board,...
Privacy, Auto Repair Shop Bills Fail in Calif. 2002 Legislative Session
Sep 10 2002 // California’s 2002 legislative session came to a close recently without passage of bills aiming to restrict insurers’ use of personal financial information and investments in auto repair shops. Both measures...
Texas Commissioner to Limit Denials for Homeowners Coverage
Sep 6 2002 // Insurance Commissioner Jose Montemayor revealed his intention to issue a rule preventing insurance companies from using past water damage claims as the sole basis for denying homeowners insurance in Texas. Montemayor made...
Quotesmith.com Unveils Homeowners Ins. Comparison Service for Calif. Residents
Sep 6 2002 // Quotesmith.com announced the launch of a brand new homeowner insurance price comparison service for residents of California. The California debut includes an initial lineup of six leading insurers that are now immediately...
Battle Over Financial Privacy Dominates Final Days of Calif. Legislative Session
Sep 5 2002 // For the second year in a row, the California Assembly defeated a measure to restrict the information flow within financial services companies, said the American Insurance Association (AIA). Privacy “Once again,...
EIGHT INSURERS EXPOSED TO WESTERN FIRE RISKS
Sep 2 2002 // In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc. At year-end 2001, eight...
Farmers to Stop Selling New Homeowners
Sep 2 2002 // Farmers Insurance Company’s troubles in Texas mounted with an August 13 emergency cease and desist order issued against Farmers by the Texas Department of Insurance in an effort to “stop unfair pricing...
TDI Updates Homeowner’s Rate Guide
Aug 30 2002 // The Texas Department of Insurance recently updated its Homeowners Insurance Rate Guide. It can be found on TDI’s Web site at www.tdi.state.tx.us. The guide compares compare rates among companies that sell homeowners...
Texas AG Freezes Assets of Mold Clean-up Company
Aug 29 2002 // Texas Attorney General John Cornyn filed suit in Houston against Mold Restoration Inc., a mold remediation company, to stop alleged practices that have left many homeowners with unfinished restoration work meant to correct...
Farmers to Stop Selling New Homeowners Policies in Texas
Aug 23 2002 // Farmers Insurance Company has directed its agents to discontinue selling new homeowners policies in Texas beginning Oct. 31. The company will also stop offering replacement policies, existing policies that are not renewed...
Groups Urge Regulatory Constraint at Fla. Mold Hearings
Aug 21 2002 // Both the American Insurance Association (AIA) and the Alliance of American Insurers urged Florida policyholders, insurers, and regulators to take a rational approach to mold issues at a recent hearing held by the...
New La. Auto, Homeowners Rate Comparison Guides Available
Aug 20 2002 // Louisiana Acting Commissioner of Insurance J. Robert Wooley announced the compilation of new rate comparison guides for auto and homeowners insurance, which are available free of charge. “Both the auto and the...
Texas AG Files Suit Against Farmers
Aug 19 2002 // Texas Governor Rick Perry and Attorney General John Cornyn announced that his office filed suit against Farmers Group Inc., the state’s second largest homeowners insurer, Aug. 5 for allegedly charging unnecessarily...
