Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Crist, Davis Vow Different Approaches if Elected Fla. Governor
Oct 30 2006 // Charlie Crist and Jim Davis agree that three challenges facing Florida are skyrocketing homeowners insurance rates, rising property taxes and public schools that some rank among the nation’s worst. That’s where...
HUD Charges Erie, Agents with Unfair Bias; Erie Calls Charges ‘Misguided’
Oct 30 2006 // The U.S. Department of Housing and Urban Development has charged Erie Insurance Group and five independent insurance agencies with violating the Fair Housing Act. HUD alleges that they provided inferior insurance products...
J.D. Power: Homeowners Want Carriers to Offer Identity Theft
Oct 30 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 Study reported...
Lawmakers: AP’s New Orleans Insurance Analysis Points to Need for Legislation and Outreach
Oct 27 2006 // An Associated Press analysis showing white homeowners in New Orleans were three times as likely as minorities to appeal insurance settlements after Hurricane Katrina points to a deep racial imbalance and the need for...
Palm Springs Homes Evacuated as Wildfire Sweeps Through Dry Brush
Oct 27 2006 // A wildfire swept through dry brush near Palm Springs, Calif., early Thursday, threatening homes and businesses and forcing evacuations. The blaze had burned more than 800 acre (320 hectares) within its first six hours, and...
Whites Pursued Katrina Insurance Complaints More than Blacks in La.
Oct 25 2006 // The Littles and the Kitchens watched helplessly as Hurricane Katrina battered their New Orleans homes. Both families waited patiently for an insurance adjuster to settle their losses. And both were sorely disappointed with...
Crawley Warren Insurance Services Announces Customized Calif. Homeowners Program
Oct 24 2006 // San Francisco-based Crawley Warren Insurance Services Inc. has a new customized high value homeowners program (HVH) for high net worth clients in California. The nonadmitted product is designed for dwellings more than...
Declarations
Oct 23 2006 // Economic outlook “The challenge for both the Federal Reserve Board and the U.S. economy is that this period of sub-par growth is likely to have little impact on inflation and short-term interest rates.” Gail D....
News Currents
Oct 23 2006 // Fla. gubernatorial candidates offer property insurance proposals If he is elected governor, Democratic gubernatorial candidate Jim Davis says Florida homeowners would see lower property insurance rates as soon as next year...
Miss. looks to speed delivery of Katrina housing grants
Oct 23 2006 // The state of Mississippi is trying to speed up the processing of housing grants to get checks faster to homeowners in Hurricane Katrina damaged areas, according to aides to Gov. Haley Barbour. “(Barbour’s) not...
States have common, and unique, concerns with homeowners coverage
Oct 23 2006 // The homeowners markets in Arkansas, Louisiana, Oklahoma and Texas, while sharing some similarities, all have their own special considerations and concerns. Oklahoma has some of the highest property insurance rates in the...
P/C market takes hold of rapidly developing identity theft solutions
Oct 23 2006 // Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology- information-driven...
Poor stepchild HO market about to smarten up
Oct 23 2006 // It’s worth $53 billion a year but the homeowners insurance market is largely unsophisticated and unloved, according to Brian Sullivan, editor of Risk Information Inc., which publishes the Property Insurance Report....
