Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Colorado Wildfire Rages: 189 Homes Destroyed
Jun 18 2012 // Another eight structures burned in the High Park Fire in Colorado overnight, bringing the tally to 189 homes burned and making it the most destructive fire in the state’s history, officials said on Monday. No...
Colorado Wildfire Burns Most Homes in State History
Jun 18 2012 // A wildfire in northern has scorched about 85 square miles of forest land and destroyed at least 181 homes, the most in state history. The destructiveness of the High Park Fire burning 15 miles west of Fort Collins...
Farm Mutual Insurance Co. Under Montana Supervision
Jun 18 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...
The Next New Thing
Jun 18 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...
Habitat to Build Homes for Tornado Victims
Jun 18 2012 // Habitat for Humanity is planning to build nine houses in Indiana for residents displaced by tornadoes. Madison’s local planning commission recommended that the city council rezone 1.25 acres of former city property...
Deductible Reminder
Jun 18 2012 // Eighteen coastal states permit insurers to use hurricane deductibles in their homeowners policies. But the Insurance Information Institute is concerned insureds may not see them even though they are clearly listed on their...
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...
