Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE
May 13 2001 // 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...
Conning Predicts Rise in Premium Rates for All P/C Lines
Apr 30 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Conning Predicts Rise in Premium Rates for All P/C Lines
Apr 28 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...
Homesite Insurance Products Available in Indiana
Apr 18 2001 // Boston, Mass. based Homesite Insurance is expanding to offer homeowners, condominium and renters insurance products to consumers in Indiana. By focusing exclusively on the homeowner’s market, Homesite has brought...
Oregon Hopes ‘Fleming Fix’ Will Clear the Clutter
Apr 9 2001 // To the nearly endless list of issues over which trial lawyers and insurance companies have waged legal battles, we can now add… Point sizes and capitalization? Fortunately for the insurance industry, Oregon’s...
New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market
Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...
Seattle Earthquak Wracks Up Insured Losses
Mar 12 2001 // The most telling number about the earthquake that hit Western Washington on Feb. 28 was neither its 6.8 magnitude nor the fact that it was the largest temblor in the state in more than half a century; it was its depth,...
Homeowner MAP Barely Breathing
Mar 5 2001 // In September of 1994, a busload of insurance industry members, legislators and business folks toured some of inner city Houston to see what Democratic Sen. Rodney Ellis saw in his district. Insurable houses. That’s...
When Your Insureds Remodel Their Homes, You Should Remodel Their Coverage
Mar 5 2001 // One in three American homeowners have recently remodeled their home or are planning to do so within the next year. That could make for a lot of financial risk exposure, according to a recent study commissioned by the...
State Audit Finds CEA Reinsurance Costs Reasonable
Mar 2 2001 // The California Earthquake Authority has made significant progress in reducing what it pays for reinsurance, according to a report by the California State Auditor released yesterday. The State Auditor concluded that...
Homeowners Premiums in Ireland to Increase
Feb 26 2001 // Home insurance premiums are expected to increase by as much as 30 percent this year as building costs push up underwriting losses from weather-related claims. Royal and Sun Alliance, with a 28 percent market share in...
IIAA and CIAB Join Homeownership Alliance
Feb 23 2001 // The Homeownership Alliance has added The Council of Insurance Agents + Brokers and The Independent Insurance Agents of America as its newest members. The Council represents over 250 member firms, all among the top one...
The Hartford Offers Homeowners’ Insurance Claim “Credit” Card
Jan 17 2001 // Homeowners can now pay for losses with a credit card-type innovation introduced by The Hartford. Owners can now opt to receive their claim settlements in the form of The Hartford Insurance Claim Card, a stored value Visa...
PIFC Looks Back on the Seven Years Since the Northridge Quake
Jan 17 2001 // Exactly seven years ago to the day, America experienced its most costly insurance disaster as the Northridge earthquake rumbled through California, killing 60 people and destroying or damaging thousands of homes,...
Electric Ins. Offers Online Homeowners’ Quotes
Jan 10 2001 // Electric Insurance Company, a Massachusetts-based direct writer of automobile and homeowner’s insurance has unveiled its new online homeowner’s insurance quoting feature for 18 states. The new home quoting...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Reach of Contruction Defect Litigation Extends Beyond Condos
Nov 27 2000 // Editor’s note: Following the cover story “Cracks in the Stucco: Construction Defect Litigation Spreads” in our July 24, 2000, issue, several readers called in to share stories of how the problem of...
Homesite Purchases Royal Special Risks
Nov 10 2000 // Homesite Insurance announced today that it has purchased the Royal Special Risks Insurance Company, which is comprised of 40 property-casualty state licenses, from Royal & Sun Alliance, one of the world’s...
Federal Appellate Court Rules Again on Slab Damage Claim
Nov 6 2000 // In 1998, the Texas Supreme Court addressed the question of whether the standard Texas homeowners’ policy covered damage to a home’s foundation resulting from a plumbing leak. The court decided that the standard...
Drawing the Line: New Maps Put More Homes in Floodplain
Oct 30 2000 // A routine update of floodplain maps in Pleasant Hill and San Pablo, Calif. has added more than 1,000 households to flood zones in both of the cities. Richmond, Martinez, Concord, Pittsburg, Danville and Clayton will also...
