Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
North Carolina Delays Rate Hearing on Dwelling Fire, Extended Coverage Policies
Jun 9 2011 // A public rate hearing on a proposed increase in North Carolina’s dwelling fire and extended coverage policies has been delayed until July 25. North Carolina Insurance Commissioner Wayne Goodwin announced the change...
Homeowners Seek $90M for Massachusetts Tornado Damage
Jun 9 2011 // Homeowners in western Massachusetts have filed $90 million in insurance claims for damage caused by deadly tornadoes that ravaged Springfield and several smaller communities last week, state officials said Tuesday. The...
Florida’s HomeWise Insurance Completes Merger with First Home
Jun 8 2011 // HomeWise Insurance Co. and First Home Insurance Co. have completed their previously-announced merger. The two Florida domiciled companies, with $25 million of surplus, are combined under the HomeWise Insurance Co....
Will New Legislation Help Florida’s Property Insurance Market?
Jun 7 2011 // Florida hasn’t been hit by a hurricane since the disastrous years of 2004 and 2005, but the state’s property insurance companies say they are still losing money despite collecting billions in premiums. That has...
Home Insurer Dropping 73,000 Policies in Alabama
Jun 6 2011 // Alabama’s second largest insurer of homes, Alfa Insurance, announced plans Friday to not renew policies on one out of every six homes it insures in Alabama. The company said it will send notices involving about...
Louisiana Closer to Recouping ‘Road Home’ Money
Jun 6 2011 // State Supreme Court: Contested Policies Must Be Evaluated Separately Louisiana may be able to recoup much of the money it handed out after Hurricanes Katrina and Rita in 2005 to help storm victims repair their homes,...
Tornado-Hit States Rank High in Uninsured
Jun 6 2011 // Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance despite being among the most...
Mississippi Caps Premiums Tied to Fire Risk
Jun 6 2011 // Mississippi regulators have moved to limit homeowners’ insurance premium hikes that result from changes in an insurer’s fire grading system. Mississippi Insurance Commissioner Mike Chaney has instructed...
States Hit Hardest by Recent Tornadoes Among Least Insured
Jun 6 2011 // Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance despite being among the most...
Virginia Regulators Urge Homeowners to Check Coverage
Jun 3 2011 // Virginia regulators are urging homeowners to review their insurance policies with the start of hurricane season this week. The State Corporation Commission, which regulates insurers, said that some companies automatically...
USAA Reducing Calif. Homeowners Insurance Rates 15%
Jun 1 2011 // USAA is reducing insurance rates for most of its California policyholders an average of 14.9 percent, the California Department of Insurance announced, noting it had approved the rate filing. “This is good news for...
Homeowners of America Insurance Names Rosentraub CFO
May 27 2011 // Homeowners of America Insurance Co., based in Irving, Texas, has named Michael C. Rosentraub as chief financial officer. Rosentraub has over 20 years of experience in the insurance and financial services industries in the...
States Hit Hardest by Recent Tornadoes Among Least Insured
May 27 2011 // Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance despite being among the most...
Website Helps Homeowners Manage Property, Connect to Insurers, Contractors
May 26 2011 // YourHomeStuff, a community connecting website designed specifically for homeowners has launched at www.yourhomestuff.com. YourHomeStuff simplifies the process of maintaining and protecting a home, and managing family and...
Missouri Tornado: 116 Dead; Thousands of Homes, Businesses Destroyed
May 24 2011 // A monster tornado killed at least 116 people in Joplin, Missouri, when it tore through the heart of the small Midwestern city, ripping the roof off a hospital and destroying thousands of homes and businesses. Weather...
Tornado Kills Man, Destroys 20 Homes in Kansas
May 23 2011 // A tornado swept through a small eastern Kansas town, killing one person and destroying at least 20 homes, as severe thunderstorms pelted the region with hail that some residents said was the size of baseballs, authorities...
Mississippi Limits Home Premium Hikes Tied to Fire Risk Classification
May 20 2011 // Mississippi regulators have moved to limit homeowners’ insurance premium hikes that result from changes in an insurer’s fire grading system. Mississippi Insurance Commissioner Mike Chaney has instructed...
Fidelity National Seeks 27% Florida Homeowners Rate Hike
May 20 2011 // Jacksonville-based Fidelity National Property and Casualty Insurance Co., which covers some 12,000 homeowners in the state, is seeking a statewide average 27 percent rate increase. At a public rate hearing, Fidelity...
April’s Tornadoes Destroyed, Damaged 14,000 Alabama Homes
May 19 2011 // The swarm of tornadoes that killed more than 230 people across Alabama last month destroyed or heavily damaged more than 13,000 homes statewide and will smash the record set by Hurricane Ivan in 2004 to become the...
Report: Hurricanes Pose Risk to 1.8M Coastal Homes
May 16 2011 // More than 1.8 million homes along the Gulf and Atlantic coasts are at great risk of being damaged by a hurricane, three times the number located in federally defined flood zones, according to a recently released...
