Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Ala. Gov. Bentley Touts New Homeowner’s Insurance Laws
Jun 15 2012 // Alabama’s governor visited the Gulf coast this week to promote new laws designed to make homeowner’s insurance more affordable after hurricanes drove up prices. Gov. Robert Bentley told Foley residents that he...
Farm Mutual Insurance Co. Under Montana Supervision
Jun 8 2012 // Montana’s insurance commissioner has placed Great Falls-based Westland Farm Mutual Insurance Co. under her office’s supervision, citing the company’s diminishing cash reserves. Commissioner of Securities...
Habitat to Build Homes for Indiana Tornado Victims
Jun 8 2012 // Habitat for Humanity is planning to build nine houses in Madison for southern Indiana residents displaced by tornadoes. Madison’s local planning commission recommended that the city council rezone 1.25 acres of...
AAIS Revises Mobile-Homeowners Forms, Endorsements, Manual
Jun 8 2012 // The American Association of Insurance Services (AAIS) has developed and filed a comprehensive revision to its mobile-homeowners program. AAIS is a national insurance advisory organization that develops policy forms and...
Penn. Officials Say Summer Activities Bring Special Insurance Concerns
Jun 4 2012 // Pennsylvania insurance regulators are reminding consumers to keep insurance needs in mind when vacationing, entertaining or enjoying other warm-weather activities. Regulators are advising consumers to check for the...
Florida’s Citizens Hears Depopulation Ideas
Jun 4 2012 // When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the...
Tennessee Cracks Down on Roofing Contractor Fraud
Jun 4 2012 // Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under...
N.Y. Holds Hearings on ‘Force-Placed’ Insurance
Jun 4 2012 // Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the...
R.I. Enacts New Hurricane Insurance Law
Jun 4 2012 // Rhode Island Gov. Lincoln Chafee on May 22 signed into law legislation designed to provide additional protection to homeowners when their properties suffer damages from hurricanes. The legislation (House bill 2012-H7484A...
Home Insurance Rates Rising
Jun 4 2012 // Homeowners insurance premiums went up 19 percent on average nationwide, according to a report from an online insurance provider. Homeinsurance.com said the typical premium for a new policy in December 2011 was $810...
Travelers Introduces New Wind Credit for Fortified Homes in Texas
Jun 1 2012 // Travelers Insurance announced it is introducing a wind credit for fortified homes in Texas that meet established standards designed to resist the impacts of tropical storm and hurricane winds. Travelers currently offers...
Delaware Weighs Mortgage Assistance Plans for Struggling Homeowners
May 31 2012 // Members of Delaware legislature’s budget committee are wrestling with competing proposals from the governor and attorney general on how to help struggling homeowners. Delaware is slated to get about $46 million in a...
Md. Officials Ask Homeowners: ‘Are You Ready for Hurricane Season?’
May 30 2012 // As the Atlantic hurricane season approaches, Maryland’s insurance regulators are asking homeowners, “Do you know what your homeowners insurance policy covers if your property is damaged?” The Atlantic...
The Next New Thing: Coverage Issues from Fracking Claims
May 25 2012 // Every few years it seems that there are predictions a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear...
New Fund Created to Help Displaced Vermont Mobile-Home Owners
May 25 2012 // Glenn French and his wife lost their mobile home and much of its contents when floodwaters from Tropical Storm Irene ripped through Weston’s Mobile Home park in Berlin.Debris from destroyed homes is stacked for...
South Carolina Weighs Sprinkler Mandate for New Homes
May 25 2012 // The debate over whether all new homes should have fire sprinklers is heating up in South Carolina. The South Carolina Building Code Council is considering whether to adopt the International Residential Code requiring...
R.I. Enacts New Law to Assist Homeowners With Hurricane-Related Claims
May 24 2012 // Rhode Island Gov. Lincoln Chafee on Tuesday signed into law legislation designed to provide additional protection to homeowners when they suffer damages from hurricanes. The legislation (House bill 2012-H7484A and Senate...
Tennessee Cracks Down on Roofing Contractor Fraud
May 21 2012 // Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under...
The Next New Thing
May 21 2012 // Coverage Issues from Fracking Claims Every few years there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed...
Massachusetts Regulators Reject FAIR Plan’s Rate Hike Request
May 21 2012 // Massachusetts insurance regulators on May 11 rejected FAIR Plan’s request to raise rates by an average of more than 7 percent. FAIR Plan, whose official name is Massachusetts Property Insurance Underwriters...
