Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Figures
Sep 4 2006 // 95 The percent of homeowners insurance claims that have been settled in Louisiana and Mississippi one year after Hurricane Katrina, according to the Insurance Information Institute. The I.I.I. estimates that more than...
Hurricanes Katrina and Rita spawn legislation, bulletins in Miss. and La.
Sep 4 2006 // Hurricanes Katrina and Rita exposed many misconceptions and misunderstandings that consumers had, or claimed to have had, with respect to their insurance coverage for hurricane related damage. The aftermath of these two...
First post-Katrina court decision a victory for insurers
Sep 4 2006 // On Aug. 15, 2006, a decision was handed down in the first post-Katrina insurance lawsuit to go to trial. Because there are thousands of lawsuits raising the same claims with millions, if not billions, of dollars at stake,...
Editor’s Note: Hurricane Katrina, a year later, another perspective
Sep 4 2006 // The Midwest is not affected by hurricanes or hurricane seasons because obviously our only coastal regions involve the Great Lakes, not oceans. The central region of this country does have its own natural disasters in the...
La. Officials Hope to Create ‘Medical Homes’ for Poor, Uninsured
Sep 1 2006 // A proposed health care overhaul in the New Orleans area after Hurricane Katrina centers on the creation of “medical homes” – community clinics, health centers and other neighborhood facilities to...
Texas Supreme Court Upholds Mold Exclusion in Homeowners Policy
Sep 1 2006 // Asked by the United States Court of Appeals for the Fifth Circuit to clarify whether a homeowners insurance policy that contains language excluding mold provides coverage for mold contamination caused by water damage that...
Fla. Gubernatorial Hopefuls Focus on Rising Insurance Costs
Aug 31 2006 // Gerlinde Thomas doesn’t often get deeply involved in politics, and during a recent interview she wasn’t even 100 percent sure what party she’s in. “I think I’m a registered Democrat,”...
La.’s Road Home Forced to Shut Down Online Applications
Aug 31 2006 // A Louisiana state agency doling out $7.5 billion in federal housing aid to hurricane victims shut down its online application system after it discovered personal information was inadvertently being shared with others. The...
40 Miss. Katrina Victims Receive Grants to Begin Rebuilding Homes
Aug 29 2006 // A year after Hurricane Katrina struck the Gulf Coast, Mississippi has begun to distribute grant checks to homeowners to help them rebuild property that was damaged by the huge storm. As of Monday, the state had paid out 40...
La. Judge Rules Claims Deadline Extension Laws Constitutional
Aug 25 2006 // A Louisiana state judge on Aug. 23 ruled as constitutional two new state laws giving insurance policyholders more time to sue their insurers or file claims over damage from hurricanes Katrina and Rita. District Court Judge...
Heritage General Agency Offers Semi-Exclusive Homeowner Coverage
Aug 24 2006 // Los Angeles based Heritage General Agency has added a new carrier for homeowner coverage in California. Ed Galvez, personal lines specialist, will be the contact person for this coverage. This is a semi-exclusive program...
Fla. Sets Hearings on Home Insurers’ Rate Hikes
Aug 23 2006 // The Florida Office of Insurance Regulation has scheduled public hearings on rate filings submitted by First Home Insurance Company, Metropolitan Casualty Insurance Company, Southern Fidelity Insurance Company, and First...
Rebuilt Homes Higher, More Varied, In Line with Stricter Building Codes
Aug 22 2006 // As homeowners along the Gulf Coast have started rebuilding and repairing since Hurricane Katrina hit nearly a year ago, they’ve been learning a new vocabulary and have been bombarded with recommendations. In many...
Coalition Says Insurer Group’s Disaster Plan is Insufficient
Aug 22 2006 // With the first anniversary of Hurricane Katrina one week away, the American Insurance Association (AIA) has unveiled a National Catastrophe Agenda designed to reinforce resilience to catastrophic hurricanes. But not...
A Year Later, Insurers Report 95% of Katrina Claims in La. and Miss. Settled
Aug 22 2006 // One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...
Insurers: Trial Bar Short on Facts in Katrina Charges
Aug 22 2006 // Trial attorneys’ charges that the insurance industry is putting profits over people in the handling of claims from Hurricane Katrina are being dismissed by industry trade groups. The Florida Insurance Council (FIC),...
Finding the ‘Road Home’ in Louisiana
Aug 21 2006 // Louisiana officials expect 123,000 homeowners with damage from hurricanes Katrina and Rita are eligible to receive grants from the state’s $7.5 billion “Road Home” housing aid program, The Associated...
News Currents
Aug 21 2006 // Miss. weighs changes to wind pool Mississippi lawmakers are considering revamping the Mississippi Windstorm Underwriting Association to help stabilize the state’s post Hurricane Katrina insurance crisis. The...
Judge Who Decided First Katrina Case Now Faces Hundreds
Aug 18 2006 // One down, hundreds to go. That’s the tally for a federal judge who ruled this week in favor of Nationwide Mutual Insurance Co. in the first trial to challenge insurers for refusing to cover billions of dollars in...
Dale: Ruling, Notices Remind Miss. Residents to Get Flood Coverage
Aug 18 2006 // A federal judge’s ruling that damage from wind-driven water isn’t covered on standard homeowner policies should motivate more Mississippians to purchase flood insurance, says state Insurance Commissioner George...
