Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
J.D. Power: Hurricanes Play Major Role in Homeowners Customer Satisfaction
Nov 1 2005 // Major hurricanes, such as the ones that have ravaged the Gulf Coast states in the past two years, have had a significant negative impact on homeowners insurance customer satisfaction in those states, according to the J.D....
Insurers Investigate Fires at Flood-Damaged Homes in La.
Oct 31 2005 // Some of the New Orleans homes drowned by the flooding that followed Hurricane Katrina have been damaged by a second calamity – fire, according to the Associated Press. Louisiana investigators and insurance companies...
AAA Minnesota Offering 20 Percent Homeowner Discounts
Oct 24 2005 // AAA Minnesota is offering new policyholders an average 20 percent rate reduction on its homeowner’s product. Existing customers also will receive a 20 percent rate reduction on their homeowner’s insurance,...
Nationwide to Lower Homeowner Rates in Texas
Oct 19 2005 // Nationwide Insurance is reducing homeowner rates for Nationwide Lloyds customers in Texas effective Jan. 7, 2006. The average decrease will be 10.75 percent for renewing customers in Texas. “This rate decrease...
Fla. Insurance Industry Preps for Wilma
Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin. After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...
Foremost Insurance Introduces Dwelling Fire in California
Oct 19 2005 // The Foremost Insurance Company, Grand Rapids, Mich., has introduced a dwelling fire program in California. Starting October 1, agents can start writing business designed to provide customers with insurance that other...
Growing a Niche in the Bed and Breakfast Industry
Oct 17 2005 // As leaves begin to fall in the Midwest, city dwellers are making an exodus to quaint towns like Galena, Ill. and Dubuque, Iowa to soak up the autumn colors and ambiance. For many, their stays center around a country inn or...
Continuing Battle against Wildfires Fuels Need for Insurance
Oct 17 2005 // As firefighters battled into last week trying to contain one of a number of brush fires in the Los Angeles area, residents throughout California are keeping a close eye on weather conditions and their insurance policies,...
MOST WASH. RESIDENTS LACK HOME INVENTORY SUMMARY:
Oct 17 2005 // The aftermath of Hurricanes Katrina and Rita revealed horrible stories of property loss. However, according to a recent PEMCO Insurance poll, most Washingtonians have not taken a simple step that could prevent similar...
Growing a Niche in the Bed and Breakfast Industry
Oct 17 2005 // As leaves begin to fall in the Midwest, city dwellers are making an exodus to quaint towns like Galena, Ill. and Dubuque, Iowa to soak up the autumn colors and ambiance. For many, their stays center around a country inn or...
Continuing Battle against Wildfires Fuels Need for Insurance
Oct 17 2005 // As firefighters battled into last week trying to contain one of a number of brush fires in the Los Angeles area, residents throughout California are keeping a close eye on weather conditions and their insurance policies,...
San Francisco-based Woodruff-Sawyer & Co. announced that William Dougherty has joined the firm as an Account Executive w
Oct 17 2005 // Hilb Rogal and Hobbs Company, headquartered in Glen Allen, Va., has appointed Michael Crowley to the position of president. In that role, Crowley will have overall responsibility for profit and loss, revenue growth,...
News Briefs
Oct 17 2005 // California Judge throws out $700 million jury award in Executive Life Suit A federal judge has thrown out a $700 million (euro586 million) award for punitive damages won by the state of California in a lawsuit stemming...
Citizens Completes Analysis: Board to Consider Increases in Three South Florida Counties
Oct 14 2005 // An analysis rate structure analysis of Citizens Property Insurance Corp. was just completed after an order by the Office of Insurance Regulation, indicates that Palm Beach, Broward and Dade county policyholders could soon...
California Supreme Court Upholds Insurance Commissioner’s Authority
Oct 14 2005 // The California Supreme Court ordered to “de-publish” a Court of Appeal ruling — AIA vs. Garamendi — often touted by insurance companies as limiting the regulatory authority of the Insurance...
N.H. Grapples with Worst Flood in Decades; Lives, Homes, Businesses Lost
Oct 11 2005 // New Hampshire Gov. John Lynch, joined by state emergency officials, today toured communities devastated by flooding from this weekend’s rains. “This weekend’s floods devastated a number of our...
Mich. Gov. Seeks 20% Reduction on Auto, Homeowners
Oct 10 2005 // Michigan Gov. Jennifer Granholm and Democratic lawmakers want to give homeowners and motorists a 20 percent cut in their insurance rates, a move the insurance industry says isn’t justified. Granholm and lawmakers...
XN Financial Unveils Products for High Value Homeowners’ on Fla. Coast
Oct 5 2005 // XN Holdings, parent company of XN Financial Services and XN Risk Insurance Services, will enter the Florida high value homeowners’ market with a comprehensive suite of products that includes wind-only coverage. The...
Miss. Attorney General Hood Accuses Carriers of Cheating
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
Case Law Watch
Oct 3 2005 // Exclusions–Criminal Acts Bamert v. Johnson (La. App. Aug. 17, 2005) Insured claims self-defense/question of fact on applicability of intentional, willful and malicious acts exclusion: This concerned an...
