Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida Task Force Set to Vote on Citizens Insurance Reforms Today
Jan 6 2009 // An 11-member task force charged with making recommendations on how to depopulate Florida’s high risk property insurer and return it to its original purpose as a market of last resort is voting today in Tampa...
Insurance at Issue for Mo. Homeowners Using Wind Turbines, Solar Panels
Jan 5 2009 // Problems have arisen with a new Missouri law that was supposed to make it easy for residents powering their own homes to put in wind turbines or solar panels. The idea was for the homeowners to be able to send any excess...
Colorado Proposes Rate Filing Changes
Jan 5 2009 // Colorado’s Division of Insurance is proposing to amend regulation 5-1-10, Rate and Rule Filing Submission Requirements for Property and Casualty Insurance, “to ensure that property and casualty insurance rates...
Minnesota Mold Expert Wishes Homeowners Would Take Control
Dec 23 2008 // On the surface, Michael Ring’s business is about finding mold in people’s houses and getting rid of it. But shortly after he started Moldex eight years ago, Ring discovered he’s actually in the education...
Insurers Balk at FTC Order for Consumer Data in Credit Score Probe
Dec 23 2008 // The Federal Trade Commission’s (FTC) decision to order insurance companies to provide a wide array of consumers’ personal information in connection with a study of credit-based insurance scores and homeowners...
FTC Probing Insurers Over Credit-based Homeowners Insurance Pricing
Dec 23 2008 // U.S. regulators have asked nine major insurance companies, including Allstate Corp. and Travelers Cos. Inc., to provide information about how they set prices for homeowners’ coverage, the Federal Trade Commission...
Ho-Ho-Ho Holiday Parties? Survey Says Homeowners Unaware of Risks
Dec 19 2008 // As millions of Americans host and attend holiday parties across the street or across the country, many are unaware of the risks they may be taking or of their own responsibilities to ensure their guests don’t hit the...
West Virginia High Court: Insurer Not Liable in Underage Drinking Case
Dec 19 2008 // The West Virginia Supreme Court says a homeowner’s insurance company should not be held liable for paying damages stemming from a fatal alcohol-related accident involving underaged drinkers. In its unanimous ruling,...
North Carolina Agrees to 4% Home Insurance Rate Hike
Dec 18 2008 // North Carolina Insurance Commissioner Jim Long today signed a settlement agreement with homeowners insurance companies allowing an overall statewide average increase of 4.05 percent in rates beginning May 1. This is below...
TWFG Offers to Replace Coverage for Customers of Failed Texas Insurer
Dec 16 2008 // The Woodlands Financial Group (TWFG) announced that TWFG will offer replacement coverage for the homeowners business of Austin Indemnity Lloyds Insurance Company, effective Jan. 29, 2009. TWFG General Agency, a subsidiary...
Ohio Says Homeowners-Turned-Renters Need Coverage
Dec 16 2008 // The economy is turning more homeowners into renters, and the Ohio Department of Insurance wants them to remember to protect their possessions. Insurance director Mary Jo Hudson says not buying renter’s insurance may...
Oklahoma Lawmaker Selling Interest in Nursing Homes
Dec 15 2008 // State Rep. Doug Cox of Grove, Okla., who in the last legislative session blocked passage of measure that would have required nursing homes to carry a minimum of $250,000 in liability insurance, says he’s selling his...
Mississippi Katrina Suit Challenges Funds for Port Instead of Homes
Dec 12 2008 // Housing advocates and low-income residents sued this week to stop Mississippi from spending a half-billion federal dollars to expand a damaged port rather than replace homes destroyed by Hurricane Katrina. The Mississippi...
Encompass Insurance Stops Writing North Carolina Home Insurance
Dec 10 2008 // An insurance company linked to Allstate says it won’t write new homeowner and dwelling fire policies in North Carolina over concerns about a state-sanctioned program for coastal insurance. Encompass Insurance told...
Plane Crashes in California, Burns Two Homes
Dec 9 2008 // An airplane that was scheduled to land at the Marine Corps Air Station Miramar in San Diego crashed on Monday, Dec. 8, killing at least three people and destroying two homes. According to local news reports, the pilot...
North Carolina Insurers Seeks 19.5% Statewide Home Insurance Rate Hike
Dec 5 2008 // North Carolina homeowners insurers are seeking an average 19.5 percent statewide rate hike which, if approved, would be the first rate hike since 2006. The proposal, being finalized this week by the North Carolina Rate...
D.C. Warns Homeowners to Check on Insurance If Renting for Inauguration
Dec 5 2008 // District of Columbia Insurance Commissioner Thomas E. Hampton of is warning residents wanting to cash in on the Presidential Inauguration festivities by renting their homes, that they may not have full insurance...
Insurers Urge Surcharges, Reforms to Fix North Carolina Beach Plan
Dec 3 2008 // Property/casualty insurers are urging North Carolina officials to impose surcharges on policies in the state’s residual market property insurer, the Beach Plan, and take other financing and mitigation steps to...
Obama Inauguration May Raise Insurance, Legal Issues for Enterprising Homeowners
Dec 2 2008 // The days leading up to the inauguration of Barack Obama could be an economic windfall for residential property owners in and around D.C. Washington Post staff writer David Nakamura reports that droves of people are looking...
AIG Offers First Takaful Homeowners Insurance Product for U.S.
Dec 2 2008 // Risk Specialists Companies, Inc. (RSC), a subsidiary of AIG Commercial Insurance, is introducing what it says is a first in the U.S.: a homeowners insurance product that is compliant with key Islamic finance tenets and...
