Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Allstate’s Castle Key Insurers Seek 18-33% Rate Hikes in Florida
Jul 13 2010 // Allstate Insurance subsidiaries in Florida are seeking rate increases from 18 percent to 33 percent. Castle Key Insurance Co. has filed with the Florida Office of Insurance Regulation (OIR) to increase homeowners rates by...
Baltimore Requires Automatic Sprinklers in New Homes
Jul 5 2010 // Baltimore has become the largest American city to require automatic sprinklers in new single family homes and duplexes, after a law change signed in June. The law change goes into effect July 1. Mayor Stephanie...
North Carolina Increases Home Insurance Discounts for Stormproofing
Jul 5 2010 // North Carolina coastal homeowners will soon be entitled to bigger breaks on their insurance premiums for taking steps to protect their homes against storms. Insurance Commissioner Wayne Goodwin has ordered a schedule of...
Hartford Agrees to Reduce Texas Homeowners Rates, Pay Refunds
Jul 2 2010 // Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers that purchase homeowner...
Homeowners Offered Few Insurance Choices in Hurricane States
Jun 28 2010 // In most hurricane-prone states, homeowners have few choices of insurance coverage, with just eight property and casualty insurers in each state controlling up to 77.2 percent of the market share, according to Weiss...
North Carolina Increases Home Insurance Discounts for Stormproofing
Jun 24 2010 // North Carolina coastal homeowners will soon be entitled to bigger breaks on their insurance premiums for taking steps to protect their homes against storms. Insurance Commissioner Wayne Goodwin has ordered a schedule of...
Death Toll Rises to 132 in Southern China Floods; 860,000 Flee Homes
Jun 21 2010 // Massive flooding in southern China has killed 132 people and forced 860,000 to flee their homes, and more storms were forecast, the government said Sunday. Another 86 people are missing and more than 10 million people have...
Squatters Taking Over Abandoned Homes in Florida
Jun 18 2010 // Imagine going to a house or condo you own and finding a stranger living there who claims the property no longer belongs to you. It’s happening across Florida and other parts of the country through what authorities...
May 7- 8 Northern Ohio Storms Losses Top $31M
Jun 16 2010 // A series of storms on May 7 and 8 centered across the top half of the state caused at least $31.4 million in damages, according to preliminary insured loss estimates released by the Ohio Insurance Institute...
Farmers & Mechanics Offers Service Line Homeowners Coverage
Jun 14 2010 // Farmers & Mechanics Insurance in West Virginia is now offering a new Service Line coverage, which pays to repair underground outdoor water, sewer and electrical service lines that fail because of perils that would not...
The Competitive Advantage: Opportunity Knocks
Jun 11 2010 // When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for...
Michigan Court Upholds Denial of Basic Home Insurance Rate Hike
Jun 10 2010 // In a unanimous decision this week, the Michigan Court of Appeals upheld a 2008 order by Insurance Commissioner Ken Ross that denied the state’s property insurer of last resort an 18.9 percent rate hike. In reversing...
Louisiana Tells Illinois Pair to Cease Unlicensed Insurance Business
Jun 9 2010 // The Louisiana Department of Insurance has issued a Cease and Desist Order against Shel St. Clair and Richard Rinalo, doing business as Integrity Claims Consulting and/or Red River Insurance Construction. The department...
Judge: Policy Didn’t Cover Chinese Drywall Damage
Jun 7 2010 // An insurance company doesn’t have to pay for damages at a Virginia man’s home ruined by Chinese-made, sulfur-emitting drywall, a decision by a federal judge Thursday that could affect how lawsuits by thousands...
Agents: How to Avoid Traps of Selling on Price
Jun 7 2010 // The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners...
Agents: How to Avoid Traps of Selling on Price
Jun 7 2010 // The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners...
Agents: How to Avoid Traps of Selling on Price
Jun 7 2010 // The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners...
Agents: How to Avoid Traps of Selling on Price
Jun 7 2010 // The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners...
Agents: How to Avoid Traps of Selling on Price
Jun 7 2010 // Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To...
Calif. Agents Could Face New CE Requirements
Jun 7 2010 // Agents, Insurer Groups Discuss Homeowners Replacement Cost Regulations California insurance agents and producers may face new continuing education requirements on estimating replacement value on homeowners insurance. The...
