Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Fla. Approves New 2.5% Surcharge on Citizens Insurance Homeowners
Nov 28 2006 // Florida homeowners will pay a 2.5 percent surcharge on their insurance premium when they renew policies in a plan approved last week by state regulators, a move to help bail out the state-backed insurance company for...
Blanco and Donelon Urge Insurers to Speed La.’s ‘Road Home’
Nov 27 2006 // Amid complaints the Road Home program is moving too slowly, Louisiana Gov. Kathleen Blanco and Insurance Commissioner Jim Donelon asked insurance companies to speed their cooperation with the state’s hurricane...
Mississippi Seeks Public Comment on Homeowner Grant Program
Nov 21 2006 // Mississippi homeowners who did not qualify under the original multibillion-dollar grant program have another opportunity to apply for assistance to repair, rebuild or relocate under a second phase that has opened for...
Burden of proof to determine insurance coverage in ‘slab’ case
Nov 20 2006 // When asked to determine coverage under an insurance policy, courts frequently recite the principle that the insured has the burden of proving coverage under the policy and the insurer has the burden of proving exclusions...
Burden of proof to determine insurance coverage in ‘slab’ case
Nov 19 2006 // When asked to determine coverage under an insurance policy, courts frequently recite the principle that the insured has the burden of proving coverage under the policy and the insurer has the burden of proving exclusions...
Smoke Alarm Donated by Texas Coalition Alerts Disabled Homeowner
Nov 16 2006 // A 62 year old Waco, Texas, resident can thank a donated smoke alarm for possibly saving her life and her home recently. Madeline Goff, who is assisted by a walker, was alerted by smoke alarms that she had a potential fire...
Gov. Blanco Wants Overhaul for Louisiana’s ‘Last Resort’ Insurer
Nov 16 2006 // Louisiana’s Legislature needs to overhaul the Louisiana Citizens Property Insurance Corp., created by the state as an “insurer of last resort,” because of problems created by last year’s hurricanes,...
La. State Insurance Program to Seek rate Increases
Nov 15 2006 // Louisiana Citizens Property Insurance Corp., the state’s insurer of last resort, wants to increase homeowners rates by an average 31.7 percent for its 135,000 policyholders. Citizens, the third-largest insurer in the...
Progress Reported in Handling La.’s Road Home Grants
Nov 13 2006 // The number of rebuilding grants through Louisiana’s Road Home program tripled over the past week and officials say they expect to meet the goal of approving 10,000 grants by the end of November. The increase came as...
Lawmakers say New Orleans insurance analysis reveals racial imbalance
Nov 6 2006 // Outreach measures never reached many minority homeowners, study found Associated Press analysis showing white homeowners in New Orleans were three times as likely as minorities to appeal insurance settlements after...
Homeowners want insurance carriers to offer identity theft coverage
Nov 6 2006 // More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The “2006 Homeowners Insurance...
Hawaii’s earthquake losses, not earthquake policies, on the rise
Nov 6 2006 // Estimated damages from the two earthquakes that struck Hawaii on Oct. 15 have been rising. Yet the recent disaster has not spurred homeowners and businesses to purchase earthquake coverage, according the state’s...
Insurance credit scoring plagued with fundamental problems
Nov 6 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
News Currents
Nov 5 2006 // Even though the storm disproportionately affected poor blacks, many residents of predominantly black neighborhoods said they were not aware they could seek state help, or else were skeptical about the help...
Hawaii’s earthquake losses, not earthquake policies, on the rise
Nov 5 2006 // Estimated damages from the two earthquakes that struck Hawaii on Oct. 15 have been rising. Yet the recent disaster has not spurred homeowners and businesses to purchase earthquake coverage, according the state’s...
Homeowners want insurance carriers to offer identity theft coverage
Nov 5 2006 // More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The “2006 Homeowners Insurance...
Insurance credit scoring plagued with fundamental problems
Nov 5 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
U.S. Considers Mandating Sprinkler Systems in All Nursing Homes
Nov 3 2006 // All nursing homes could soon be required to have sprinkler systems, a move aimed at updating an estimated 2,500 older facilities around the country. The federal agency that oversees the safety of nursing homes has asked...
Water Tanks, Washing Machines Likely to Soak the House
Nov 1 2006 // Of all the appliances found in the home, the water heater and washing machine are the most likely to cause serious damage and leave home owners financially high and dry. According to a nationwide analysis by Safeco...
Evacuees Return to Find Homes Destroyed by Calif. Wildfire
Nov 1 2006 // While crews made progress on a wildfire that killed four firefighters, evacuees began returning to their homes — often to find nothing left. Carol Hurley stood Saturday at the still-smoldering wreckage of a...
