Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
State Farm Sues TDI; Files to Increase Homeowners Rates in Louisiana
Apr 19 2010 // State Farm Fire and Casualty Co. filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hike proposals by the...
Calif. Proposes Agent/Broker Regs to Alleviate Under-Insurance
Apr 19 2010 // To alleviate concerns about homeowner under-insurance, the California Department of Insurance has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations governing standards and training for...
Louisiana Citizens OKs 7% on Average Residential Rate Hike
Apr 19 2010 // Homeowners who are dependent on Louisiana’s property insurer of last resort will see rates increasing by an average 7 percent statewide. Rate increases — as well as decreases — will vary widely, especially in...
Who’s Going to Pay?
Apr 19 2010 // Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that...
Judge Says Texas Can’t Post Some State Farm Rate Hike Information
Apr 19 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site some documents on two rate rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...
Many Midwest Homeowners Reject FEMA Flood Buyouts, Despite Benefits
Apr 19 2010 // Two years ago, Larry Frese thought he’d escaped the worst of a flood that had left a lot of his neighbors’ homes in Chelsea, Iowa, and a large swath of the state underwater, even as overflowing Otter Creek...
Who Pays?
Apr 19 2010 // Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that...
How Agency Helps Preserve Historic Homes, Business Districts
Apr 16 2010 // While other insurance agents are visiting manufacturing plants, shopping malls and office parks, Brian Phoebus is hanging out in historic homes, renovated museums, art galleries and performing arts theaters. His haunts...
Pacific Gateway Acquires Homestate’s California P/C Division
Apr 15 2010 // Pacific Gateway Insurance Agency (PGIA), a wholly owned managing general agent/managing general underwriter of National Indemnity Insurance Co. (NICO), a member of the Berkshire Hathaway Group of Insurance Companies, has...
Report: February Storms in Ohio Caused More than $28M in Losses
Apr 14 2010 // The Ohio Insurance Institute (OII) has reported that amount of insured losses from the series of February winter storms will be at least $28.2 million, with 12,173 claims filed to-date across the state. Because some...
PURE to Offer Personal Lines Coverage in Maryland and D.C.
Apr 13 2010 // New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal...
Calif. Proposes Agent/Broker Regs To Alleviate Under-Insurance
Apr 9 2010 // To alleviate concerns about homeowner under-insurance, the California Department of Insurance has informed Insurance Journal that it has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations...
Tennessee Homeowner Gets $19K Bill for Firefighter Services
Apr 8 2010 // A Knox County man whose house caught fire in January has received a $19,000 firefighting bill. WVLT-TV reported Chris Curl was flabberghasted at the charge, but Rural/Metro Fire Chief Jerry Harnish says such charges are...
Federal Judge in New Orleans Awards $2.6M in Chinese Drywall Case
Apr 8 2010 // A federal judge in New Orleans has awarded seven plaintiffs from Virginia more than $2.6 million in a consolidated case involving damage to the plaintiff’s homes as a result of the installation of substandard drywall...
P/C Insurers Can Handle Chinese Drywall Costs, Says Moody’s
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service. Losses from...
P/C Insurers Can Handle Chinese Drywall Costs, Says Moody’s
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service. Losses from...
Louisiana Citizens Insurance OKs 7% on Average Rate Hike
Apr 5 2010 // Homeowners who are dependent on Louisiana’s property insurer of last resort will see rates increasing by an average7 percent statewide. However, rate increases – as well as decreases – will vary widely,...
FEMA Nixes Aid for Florida Chinese Drywall Damage
Apr 5 2010 // Florida asked for federal assistance for thousands of homeowners with property damage caused by defective Chinese drywall but the Federal Emergency Management Agency, which typically deals with hurricanes and other natural...
State Farm Sues Texas Department of Insurance Over Web Postings
Apr 1 2010 // State Farm Insurance has filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hikes by the company. Texas’ largest...
State Farm Files to Increase Homeowners Rates in Louisiana
Mar 31 2010 // State Farm Fire and Casualty Co. has filed an average 9.9 percent rate increase request for homeowners coverage in Louisiana, according to the Associated Press. State Farm is Louisiana’s largest home insurer with...
