Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Homeowners
May 13 2002 // Nuts & Bolts: Multi-State Insurance Services has available a program for homeowners insurance. Mobile home and dwelling fire is also available. Dollars: Policy limits of $500,000; Deductibles of $250, $500, $1,000,...
STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE
May 13 2002 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
Companies Limiting Ariz. Home, Auto Policies
May 8 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....
Is the Texas Personal Auto Market Another Homeowners in the Making’
Apr 29 2002 // The personal automobile insurance market in Texas may not be approaching the crisis level at which the homeowners market currently finds itself, but signs indicate that it may be in for a rough ride. According to the Texas...
Zurich Offers Home Environmental Protection Insurance for Homeowners with a Residential Fuel Oil Tan
Apr 25 2002 // Zurich North America’s Environmental Group has come up with an innovative program to provide today New York, New Jersey and Pennsylvania residents with coverage for their residential fuel oil tanks. The Home...
State Farm Withdraws from Homeowners Insurance in Calif.
Apr 25 2002 // State Farm Insurance Company recently announced that it would no longer sell homeowners insurance in California due to the increasingly large payouts over the past two years, according to the Los Angeles Times. The company...
Ohio Insurance Director Asks State Supreme Court to Uphold Homeowners Standard
Apr 23 2002 // Ohio Insurance Director Lee Covington weighed in on a case before the Ohio Supreme Court, asking it to uphold the state insurance department’s longstanding policy that homeowners policies do not cover automobile...
State Farm Puts Moratorium on Calif. Homeowners’ Insurance
Apr 22 2002 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
PIFC Claims Higher Costs and Disruption in Homeowners Costs if SB 1763 Passes
Apr 17 2002 // Diane Colborn, vice president of the Personal Insurance Federation of California (PIFC) remarked that SB 1763, a bill authored by Senator Deborah Ortiz requiring all property and liability insurance policies to cover mold...
High Value Homeowner
Apr 15 2002 // Nuts & Bolts: Abram Interstate Inc. in Citrus Heights, Calif., is offering a new High Value Homeowner product. Coverage includes extended replacement cost, personal article floaters, replacement cost contents,...
Homeowners Associations
Apr 15 2002 // Nuts & Bolts: Union General has a coverage available for common area exposure for homeowners associations. Pricing is on a per unit basis. Coverage is available for tennis courts, basketball courts, baseball diamonds,...
Woodland, Calif. Homeowners to Purchase Flood Coverage
Apr 9 2002 // Woodland, Calif. homeowners are likely to soon receive letters from their mortgage letters requiring them to purchase homeowners insurance, according to the Sacramento Bee. The Federal Emergency Management Agency (FEMA)...
NAIC Study Finds Wis. Has Lowest Homeowner Rates
Apr 3 2002 // A study by the National Association of Insurance Commissioners (NAIC) found that Wisconsin has the lowest prices for homeowners insurance in the U.S. Wisconsin insurance commissioner Connie O’Connell expects these...
IIAA Applauds Introduction of Natural Disaster Bill
Apr 2 2002 // The Independent Insurance Agents of America (IIAA) is endorsing a just-introduced House bill that would increase availability and affordability of homeowners insurance in disaster-prone areas, according to the...
Manufactured Homes
Mar 25 2002 // Nuts & Bolts: First Premium Insurance Group is offering a manufactured homes program, by appointment. Dollars: Policy limits to $150,000; deductibles $250/$500. Carrier: Lloyd’s, rated “A.”...
Approval of State Farm HO-W Policy Applauded
Mar 25 2002 // State Farm Lloyds, the Dallas-based property insurance unit of State Farm Insurance Companies, received approval from the Texas Department of Insurance (TDI) to sell its nationwide homeowners policy, the HO-W, in Texas,...
AAIS Updates Rating Factors for Age of Homes and Utilities
Feb 26 2002 // The American Association of Insurance Services (AAIS) has begun filing Homeowners and Farmowners manual supplements that will provide an expanded series of premium credit and surcharge factors related to the age of a home...
Illinois Insurance Department Releases Credit History Survey Results
Feb 25 2002 // Illinois Director of Insurance Nat Shapo announced the release of the results of a survey on the use of consumers’ credit histories by the Illinois property and casualty insurance industry. In response to public...
Texas Gubernatorial Hopefuls Target Homeowners Insurance
Feb 25 2002 // Two Texas gubernatorial candidates—current Republican governor, Rick Perry, and Tony Sanchez, who’s seeking the Democratic spot on the ballot next November—announced separately that they want to investigate and...
The Politics of Mold
Feb 25 2002 // The politicians have gotten into the fray. Sounding off on the twin issues of severe rate hikes for homeowners insurance and the scourge of mold/water damage claims that insurers insist are threatening their very existence...
