Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida Approves 5.4% Citizens Homeowners Rate Hike for 2010
Nov 15 2009 // Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze the rates of Citizens...
Chinese Drywall Link to Home, Health Woes Remains Mystery
Nov 15 2009 // Federal investigators have been unable to prove a definite link between imported Chinese drywall, and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said...
Florida Weighs Citizens’ Rate Hikes for High-Risk Accounts
Nov 10 2009 // Owners of nearly 420,000 high risk properties in Florida could see their insurance premiums rise next year. State-backed Citizens Property Insurance Corp. has requested an average 7.5 percent hike for homeowners with...
Florida’s Citizens Reconsiders, Renews House With Chinese Drywall
Nov 1 2009 // Florida’s state-backed property insurer has taken a second look at a home with corrosion from defective Chinese drywall and decided to renew its homeowners’ insurance policy on the house after all. Citizens...
Florida’s Homeowners Choice Has Eye on Merger with 21st Century Holding
Nov 1 2009 // Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12...
21st Century Holding Targeted by Florida Insurer
Nov 1 2009 // Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12...
Flooded Georgia Homeowners Seek Buyouts by Cobb County
Oct 30 2009 // Many Cobb County homeowners say they’d like the county to buy their flood-damaged homes, but a county official says it’s impossible to accommodate all of them. About 300 people gathered at a recreation center...
Homeowners Choice to Pick Up American Keystone Business in Florida
Oct 30 2009 // Homeowners Choice, Inc. reports it has been selected as the replacement home insurer for policyholders of American Keystone Insurance Co., which was placed into receivership earlier this month. All of American...
Research Can’t Yet Explain Link of Chinese Drywall to Home, Health Woes
Oct 30 2009 // Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that...
Florida Approves 5.4% Citizens Homeowners Rate Hike
Oct 30 2009 // Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze the rates of Citizens...
21st Century Holding Firmly Rejects Homeowners Choice Buyout
Oct 29 2009 // Lauderdale Lakes, Fla.-based 21st Century Holding Co. said its board of directors has unanimously rejected an unsolicited buyout proposal by Florida-only insurer Homeowners Choice, Inc., which sought to acquire all...
U.S. Says Chinese Officials Helping with Probe of Tainted Drywall
Oct 27 2009 // China is helping American officials investigate reports of contaminated Chinese drywall after thousands of American homeowners complained the building material made them sick or damaged their houses, a top U.S. safety...
Florida’s Citizens Reconsiders, Renews House With Chinese Drywall
Oct 23 2009 // Florida’s state-backed property insurer has taken a second look at a home with corrosion from defective Chinese drywall and decided to renew its homeowners’ insurance policy on the house after all. Citizens...
Florida Urged to Hike All Citizens Property Insurance Rates By 10%
Oct 22 2009 // Florida insurance regulators are failing in their duties if they don’t make the state-backed Citizens Property Insurance Corp. raise property insurance rates by 10 percent across the board, a business group lobbyist...
Florida Approves 14.6% Homeowners Insurance Rate Hike for Universal
Oct 22 2009 // Universal Property and Casualty Insurance Co. (UPCIC) reports it has received approval for a premium rate increase for its homeowners program in Florida. The premium rate increase, which will average approximately 14.6...
Nationwide to Drop 60,000 Policies in Florida
Oct 19 2009 // Nationwide Insurance Co. of Florida plans to reduce its personal lines property exposure in the state of Florida by nonrenewing 60,000 homeowners policies across the state. Nationwide said that Tower Hill Group, a Florida...
Mississippi Court Rules Home Policy Covers Hurricane Wind Damage
Oct 19 2009 // In a 9-0 decision, the Mississippi Supreme Court has ruled that so-called “all-risk home insurance policies may cover wind damage from hurricanes, even in situations where the loss is later exacerbated by water from...
Customers Happier with Homeowners Insurers
Oct 19 2009 // For the first time in five years, customers are significantly happier with their homeowners insurer than they were in the past, according to market research firm J.D. Power and Associates 2009. In its survey, the National...
Insurers Backing Away from Homes with Chinese Drywall
Oct 16 2009 // James and Maria Ivory’s dreams of a relaxing retirement on Florida’s Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes...
Foremost Expands Dwelling Fire Program in Kansas
Oct 16 2009 // Foremost Insurance Group has expanded its Dwelling Fire program in Kansas effective Oct. 15, 2009. The company said it will write a broad spectrum of landlord and rental coverages, with lower rates and new, larger...
