Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Florida’s Homeowners Choice Makes Bid for 21st Century Holding
Oct 15 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...
Virginia Officials Tour Homes Built with Chinese Drywall
Oct 15 2009 // Three Virginia lawmakers are asking lenders to help homeowners whose homes were built with suspect drywall imported from China. U.S. Sen. Mark Warner and Congressmen Bobby Scott and Glenn Nye Reps issued their appeal...
Louisiana Rolls Out New Online Auto and Homeowners Rate Guides
Oct 14 2009 // The Louisiana Department of Insurance announced that its 2009 online auto and homeowners rate comparison guides are now available for viewing on the Department of Insurance Web site at www.ldi.state.la.us. “The rate...
Florida’s American Keystone Insurance to Be Liquidated
Oct 13 2009 // Leon County Circuit Court Judge John C. Cooper has granted a request by state insurance officials to place American Keystone Insurance Co. in Ponte Vedra Beach into state receivership to be liquidated. American Keystone...
California Warns Homeowners of Flood Threat
Oct 12 2009 // With the first big rain storm of the year bearing down on Northern California, the California Department of Insurance has put out an advisory to the public to check their homeowners insurance and to look into whether they...
Mississippi Court Rules Home Insurance Policy Covers Hurricane Wind Damage
Oct 9 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...
Illinois AG Calling for Crackdown on Nursing Homes
Oct 9 2009 // Illinois Attorney General Lisa Madigan is calling for unannounced inspections of nursing homes and revised criminal histories of identified offenders living in the facilities. Madigan’s sent a letter on Oct. 7 to the...
Nationwide Insurance to Drop 60,000 Home Policies in Florida
Oct 8 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...
Tell Parents to ‘Mind The Gaps’ When Kids Head to College
Oct 5 2009 // As Students Arrive on Campus, New Exposures Can Arise As legions of students head back to college this fall, parents should be mindful of gaps in insurance that can exist while their children are living away from...
Florida Home Insurers Losing Money; Will State Farm Stay?
Oct 5 2009 // Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up. Also, the state’s largest private home insurer, State...
745 Georgia Homes Destroyed By Flooding, Says Red Cross
Oct 1 2009 // The American Red Cross has released preliminary disaster assessment information from flooding that swamped parts of Georgia. The organization said an estimated 2,803 Georgia homes have been affected by the flooding. Of...
Insurance Agent Jailed for Falsely Representing Lloyd’s in Kentucky
Sep 23 2009 // A financial service worker in South Carolina was sentenced today to two years in prison for using a scheme to dupe mortgage companies and homeowners in Eastern Kentucky. David C. Thomas, of Greenville, S.C. admitted he...
Newest Florida Carrier, Prepared Insurance, Targets ‘Older’ Homes
Sep 23 2009 // Florida has given the go-ahead to a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002. Prepared Insurance Co., headquartered in Tampa, intends to use...
Georgia Bill Would Require Background Checks on Workers Sent Into Homes
Sep 22 2009 // A Georgia Republican is pushing a measure that would require employers to perform background checks on staffers who work inside other people’s homes. The measure sponsored by state Rep. Allen Peake of Macon would...
