Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
North Carolina Agrees to 4% Home Rate Hike
Jan 11 2009 // North Carolina Insurance Commissioner Jim Long has agreed to permit homeowners insurance companies to hike their rates an overall statewide average of 4.05 percent beginning May 1. This is below the statewide increase than...
States Rate Poorly on Consumer Insurance Information on Web
Jan 11 2009 // A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of...
FTC Probing Insurers Over Credit-based Homeowners Insurance Pricing
Jan 11 2009 // 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...
Florida Panel Backs Rate Hikes, Stricter Rules for Citizens
Jan 9 2009 // A special task force is recommending that Florida’s state-backed property insurer – Citizens Property Insurance — be permitted to raise its rates beginning in 2010 and that restrictions on what homeowners...
Louisiana Homeowners to Get Cash From Insurance Incentive Fund
Jan 7 2009 // Louisiana homeowners could receive cash from the unused portion of an expired pot of government money used to lure insurance companies to the state, Insurance Commissioner Jim Donelon said. Donelon estimated the checks...
Allstate To Raise California Homeowners’ Insurance Rates 6.9%
Jan 6 2009 // The California Department of Insurance has approved Allstate Insurance’s request to raise its homeowners multi-peril insurance rates 6.9 percent. For information, visit...
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...
