Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Most Texas Insurers Profited Despite Hurricane Rita
Mar 24 2006 // Texas home insurers turned substantial profits last year despite Hurricane Rita’s destruction, prompting state regulators to question whether some companies’ rates are too high, the Associated Press...
Fla. Lawmaker Pushes Hurricane Insurance Surcharges for Vacation Homes
Mar 22 2006 // Owners of vacation and second homes would be slapped with a 25 percent surcharge on policies obtained from the state’s insurer of last resort under a proposal unveiled by a Senate committee chairman. That’s one...
Arrowhead Rolls Out New Homeowners Product in Texas
Mar 21 2006 // San Diego, Calif.-based Arrowhead General Insurance Agency Inc. introduced a new HOB homeowners program for Texas. The program is offered in conjunction with Balboa Insurance Company, an admitted insurer, rated...
Officials Hope ’06 Quake Centennial Prompts More to Get Insurance
Mar 20 2006 // When San Francisco resident Charlie Bott got an offer in the mail recently for earthquake insurance, he stared long and hard at the bottom line. Then he threw it away. “It was way beyond anything you pay for house...
Is your agency’s newsletter a snooze-letter?
Mar 20 2006 // If your agency sends out a newsletter, take a moment, sit back and honestly evaluate it. Is it interesting and informative, packed full of helpful insurance information and ideas. Or is it loaded with canned facts and...
S.C. Coastal Homeowners Offered Catastrophe Coverage Product
Mar 20 2006 // A homeowners catastrophe product for residential dwellings in South Carolina’s coastal counties has been introduced by International Catastrophe Insurance Managers, LLC and Praetorian Financial Group, Inc....
Few homeowners buy flood insurance when not required, RAND study says
Mar 20 2006 // Only about half of homeowners living in some of the most flood-prone areas of the United States buy federal flood insurance, leaving millions of families at risk for severe financial losses when floods strike, according to...
DFS suggests Fla. homeowners reforms
Mar 19 2006 // The Florida Department of Financial Services in Tallahassee has announced a new round of homeowner-friendly insurance reforms to better protect and prepare Floridians for a catastrophic event, and to help them shop for...
Growing Your Property Casualty Agency
Mar 19 2006 // The top functions of an agency newsletter are to keep in touch with existing insureds at times other than renewal and to establish or maintain contact with selected prospects. Is your agency’s newsletter a...
Few homeowners buy flood insurance when not required, RAND study says
Mar 19 2006 // News Currents Only about half of homeowners living in some of the most flood-prone areas of the United States buy federal flood insurance, leaving millions of families at risk for severe financial losses when floods...
Farm Bureau gets OK to Hike Homeowners Rates in La.
Mar 17 2006 // Roughly 70,000 homeowners in areas hard hit by Hurricane Rita will face insurance hikes of 49 percent that were approved by Louisiana state regulators. The increase affects Louisiana Farm Bureau policyholders. The increase...
Dale Reports Miss. Insurers Have Made Solid Progress
Mar 15 2006 // A report in Jackson, Miss. by Insurance Commissioner George Dale shows that six months after Hurricane Katrina struck a devastating blow to the Gulf Coast, major insurers have made solid progress and are committed to...
La. Homeowners Face Waiting Game in State’s Housing Assistance Plans
Mar 15 2006 // Anita Richardson’s insurance company gave her $4,500 to repair what her contractor says is $50,000 worth of damage done when Hurricane Katrina ripped apart the roof of her New Orleans, La., home and poured about two...
Poe Financial Group Cancels New, Renewed Fla. Homeowners, Commercial Policies
Mar 9 2006 // Florida agents have been notified by Poe Financial Group that thousands of policyholders with its Southern Family Insurance Company will no longer be able to renew or insure new homeowner or commercial lines business. The...
Auto, Homeowners Coverage for Police, Firefighters Offers Unique Benefits
Mar 8 2006 // St. Louis, Mo.-based Stuckey and Company unveiled a new a homeowners and auto insurance program designed exclusively for police and firefighters. “We believe that police and firefighters are deserving of special...
FLA. CFO WANTS TO EXPEDITE PAYMENTS
Mar 6 2006 // New legislation to expedite the rebuilding process for hurricane victims has been suggested to the Florida Legislature by Tom Gallagher, the state’s CFO. The measure would ensure homeowners receive insurance money...
Homesite Insurance Co. Rate Hearing Underway in Tallahassee, Fla.
Mar 3 2006 // A public hearing is now underway in Tallahassee with the Florida Office of Insurance Regulation discussing a Homesite Insurance Company of Florida request for a statewide average increase of 21.8 percent. The requested...
Survey Reports Katrina Doesn’t Move Many Homeowners to Protect Their Investment
Mar 2 2006 // Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for their homes. Only 14 percent of Americans say they have purchased flood insurance...
Survey of Agents Finds No Immediate Crisis in N.Y. Homeowners Market
Feb 28 2006 // The Professional Insurance Agents of New York State Inc. reported that a week-long survey of its members regarding the current conditions of the homeowners market in downstate New York found there is no immediate crisis in...
N.Y. Homeowners Insurance Market: Strong or Weak?
Feb 28 2006 // New York’s homeowners insurance market is either strong, stable or fragile depending upon whether the speaker is an agent or an insurer. Also, Allstate Insurance Co.’s decision to limit its business in eight...
