Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...
A Preliminary Take on Mold Coverage
Jun 24 2002 // Mold. Stachybotrys. The stuff of broken refrigerators and the aftermath of floods is now the scourge of insurance companies. In the humid South, the epidemic of claims has led to actions by carriers and regulators similar...
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...
State Farm Shuns New Homeowners Policies in Kansas, Missouri
Jun 21 2002 // State Farm Insurance Company imposed a moratorium on new homeowners customers in Missouri and Kansas, expanding its ban against new residential policies to five states. According to the Kansas City Star, the company is the...
State Farm Places Moratorium on Homeowners Policies in 17 States
Jun 21 2002 // State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes...
Colo. Wildfires Won’t Increase Homeowners Rates
Jun 18 2002 // Despite the severity of the Colorado wildfires that have blazed through the state in recent weeks, the good news is that insurance companies insist homeowners rates won’t rise due to the immense amount of claims...
Texas GOP Lawmakers Give Word on Rate Regulation Bill
Jun 17 2002 // A key Senate lawmaker says Texas homeowner insurance rates should be regulated by the state, promising to put forth a bill in the next session to get a handle on rising premiums. Sen. Troy Fraser, a Republican, said that...
Superior Access Unveils Wholesaler Comparative Auto and Home Insurance Quoting
Jun 10 2002 // California-based Superior Access Insurance Services Inc. has unveiled a new online comparative quoting and application feature for 5,300 of its 8,000 appointed agents writing home and auto insurance in...
Fake Stucco Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Coverage Already in Place Can Help Protect Travel Plans
Jun 10 2002 // Ahh, summer—vacations to the coast or the mountains, cruises to Alaska, treks to far-off, exotic lands. Even if you’re not treating yourself or your family to a once-in-a-lifetime vacation this year, some of your...
IIAT’s Stromberger Plans to Gather no Moss
Jun 10 2002 // Upon his retirement as the executive director of the Independent Insurance Agents of Texas later this summer, Ernie Stromberger has no intention of resting long enough to gather any moss. Instead, travel, time with family...
Fake Stucco, Real Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
AIA and NAII Oppose California’s SB 1763
Jun 10 2002 // California senators recently approved Senate Bill 1763, designed to restrict insurance companies from writing mold and liability restrictions into their policies. The bill, which was introduced by Senator Deborah Ortiz...
Standard and Poor’s says Auto, Homeowners Outlook Stable
Jun 7 2002 // Higher pricing underlies the prospect of improved earnings among U.S. auto and homeowners’ insurers, according to a midyear report released by Standard & Poor’s. The outlook has been revised to stable...
Calif. Insurers’ Homeowner Profits Drowning in Water Damage Claims
Jun 6 2002 // Rising household water damage claims have cost California insurers billions of dollars and are constricting the homeowners insurance market, according to a study done by the Insurance Information Network of California. The...
Politics of a Long, Hot Summer
May 27 2002 // Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general...
Watch the Skies, Weather Still Causing Trouble for Homeowners Markets
May 27 2002 // For the past year, while the Texas homeowners insurance market reeled from the effects of mold claims on premium (and still does), homeowners markets in other states have begun bracing themselves for similar nightmare...
Politics of a Long, Hot Summer
May 27 2002 // Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general...
ARIZ. COMPANIES MAKE LIMITS
May 27 2002 // Following the lead of State Farm, Prudential Insurance will limit Arizona customers seeking new auto and homeowner’s coverage in order to maintain control of its policyholder base, according to The Tribune....
STATE FARM WITHDRAWS FROM LA.
May 13 2002 // State Farm has decided to take a hike from the Louisiana homeowners market and Acting Insurance Commissioner Robert Wooley acknowledged the pullout comes as no surprise. In a statement, Wooley noted that the company cited...
