Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
State Farm Back in W.Va. Market; Will Write New Homeowners, Business Policies
Apr 26 2005 // State Farm Insurance has announced that as of May 1 it will begin accepting applications from West Virginia homeowners and businesses for new insurance policies. The company is the largest property and casualty insurer in...
Heartland Adds Lexington for High Value Homes
Apr 25 2005 // Heartland Marketing Group announced they are now quoting Lexington’s High Value Homeowners Product in house, allowing for rapid turnaround. Lexington targets homes over $100,000 in value ($200,000 in Texas) with a...
Simulated Exercises Teach Homeowners How to Prepare for Hurricanes
Apr 22 2005 // Widespread hurricanes have blown through several Florida cities during the past several days, and Hurricane Armando, a simulated hurricane, is expected to hit Tallahassee April 23. Florida American Red Cross and Emergency...
Task Force Suggests Ala. Homeowners Need An Insurance Referral Service
Apr 21 2005 // An insurance referral service to connect Alabama consumers with insurers has been suggested by the Hurricane Insurance Issues Task Force to assist homeowners in finding insurance along the state’s Gulf Coast,...
Abram Interstate Offers New Homeowners Market
Apr 21 2005 // Rocklin, Calif.-based, Abram Interstate Insurance Services Inc. announces a new Preferred and Standard Homeowners and Dwelling Fire market with Travelers Insurance Company. The addition of this new market, A.M. Best...
Fla. Legislature Mulls Over Insurance Proposals, Sessions End in Three Weeks
Apr 20 2005 // With three weeks remaining before the end of the 2005 sessions of the Florida Legislature, it appears that only a few insurance-related proposals have made it through the process of elimination. Remaining proposals...
ACIC President Responds to California Commissioner’s Homeowners Insurance Proposal
Apr 20 2005 // Calling insurers “dead wrong” for canceling or non-renewing homeowners who file a legitimate insurance claim, California Insurance Commissioner John Garamendi announced new regulations to protect homeowners...
Fla. Homeowners Have Money, But Contractors, Roofers Unavailable to Make Repairs
Apr 19 2005 // April 18 was the deadline for insurers to finish processing and paying off 1.69 million hurricane damage claims across Florida, but they still have nine days to go before they have to tell the state how many claims remain...
Identity Crisis: Coping With Today’s ID Thievery
Apr 18 2005 // Insurance, Recovery Services and Preventive Measures One in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to the 2005 Identity...
W.Va. Releases E-mail Proposals; House Committee Advances SB 30
Apr 18 2005 // Details of negotiations between West Virginia insurance companies, Gov. Joe Manchin and Brian Kastick were released after a court decision requiring e-mails sent on Feb. 22 and 23 to be revealed to the public. Also, after...
Study Shows Hot Water Tanks, Washing Machines Most Likely to Cause Damage
Apr 18 2005 // Of all the appliances found in the home, the water heater and washing machine are the most likely to cause serious damage and leave homeowners financially high and dry. According to a nationwide analysis by Safeco...
Garamendi Proposes New Regulations for Homeowners Insurance Market
Apr 14 2005 // California Insurance Commissioner John Garamendi on April 14 announced new regulations to protect homeowners from unfair “use it and lose it” practices in the homeowners insurance market. “We all pay...
Florida’s CFO, Jupiter, Fla. Homeowners Discuss Unpaid Hurricane Claims; Final Meeting Slated April 9
Apr 8 2005 // Thursday night, six months after Hurricane Jeanne hit the east coast, Tom Gallagher, Florida’s CFO, met for the sixth in a series of seven town hall meetings to discuss unpaid claims with 250 homeowners in Jupiter,...
AIA Reports Being Pleased with New Direction of Calif. Homeowners Bill
Apr 8 2005 // A pending measure, once thought to be bad public policy by homeowners insurers, is moving in the right direction in California, according to the American Insurance Association (AIA). “During debate in the Senate...
ACE Expands Disaster Mortgage Distribution Channels Through General Agents
Apr 5 2005 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies, announced that it has expanded distribution of its ACE Disaster Mortgage Protection(SM) (DMP(SM)) product outside of its traditional mortgage service...
Report Suggests Texans Overpaying for Insurance
Apr 5 2005 // Insurance companies in Texas overcharged homeowners and drivers by $4 billion last year despite recent legislation designed to limit rising rates, according to a report released recently by two state consumer groups. The...
Home Insureds Face Lowest Hike in 6 years
Apr 4 2005 // While coastal homeowners are expected to face rising prices and restrictions on their insurance, those on drier land should fare better in 2005. The Insurance Information Institute has projected that the average cost of...
An Underinsurance Lesson from the West Coast
Apr 4 2005 // In the aftermath of the devastating Southern California Wildfires of October 2003, claim adjusters went to work in an area where an estimated 3,631 structures were destroyed. In many cases the only remaining indication of...
Regulators Look for a Clue
Apr 4 2005 // Was it Colonel ChoicePoint in the Conservatory With a Knife? When ChoicePoint Asset Co. finally disclosed Feb. 15 that criminals had gained access to the personal information of as many as 145,000 people in all 50 states,...
Michigan DOI Study Finds Competition Doesn’t Equal Affordability
Apr 4 2005 // Michigan’s Office of Financial and Insurance Services last month released the results of its long-awaited study of competitiveness in the state’s insurance market. While the report found competition under the...
