Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Union General Now Offering Online Underwriting and Rating System
May 12 2005 // Union General is now offering its producers an online underwriting and rating system for Mobile Home; Homeowners, and Dwelling Fire Business. The online system is more than just a rater – agents can type in the...
State Farm Trims Del. Homeowners Rates by Average of 5%
May 11 2005 // Delaware Insurance Commissioner Matt Denn announced that State Farm Insurance, the state’s largest insurer of homes and second largest insurer of automobiles, would cut its automobile and homeowners insurance rates...
SIIS Warns Texans About Coverage for Flood Damage
May 10 2005 // Many Texas homeowners are under the impression that flooding caused by rising water is covered under the standard homeowners insurance policy in Texas and often they discover too late that it is not, according to Jerry...
Conn. Dog Bill Would Muzzle Insurers
May 9 2005 // When Connecticut state Rep. Melissa Olson called around for homeowner’s insurance recently, an agent on the other end of the line asked what kind of dog the Norwich Democrat owned. Olson didn’t really know for...
The Facts About Credit Information and Insurance
May 9 2005 // The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used...
Florida CFO Lauds Passage of Homeowners Insurance Protections for Residents
May 9 2005 // Florida’s Chief Financial Officer Tom Gallagher on Monday said that the homeowners insurance legislation that passed late Friday contains numerous provisions that will benefit Florida’s...
PCI Submits Comments to FTC on Credit Scoring Research
May 5 2005 // The main benefit of using credit history to underwrite auto and homeowners insurance policies is that it allows insurers to charge lower risk consumers less for their coverage, according to the Property Casualty Insurers...
Best Affirms Ratings for American Modern; Assigns Issuer Credit Ratings
May 5 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Ohio-based American Modern Insurance Group (American Modern) and its property/casualty affiliates. A.M. Best has also affirmed the financial...
Calif. Credit Regulation Bill Passes First Committee
May 4 2005 // Legislation sponsored by the Association of California Insurance Companies (ACIC) to impose strong regulation of the use of credit information by homeowners insurers passed its first committee test today. The bill, AB 1454...
PCI Ad Campaign: Alerts Lawmakers About Negative Effects of ‘Pro-Consumer’ Proposals
May 2 2005 // The Property Casualty Insurers Association of America launched an advertising campaign today in Florida warning lawmakers about misguided hurricane insurance bills that will raise rates, make insurance harder to find and...
PIFC: Garamendi’s Proposed Homeowner Regs Flawed
Apr 29 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
California Panel To Consider Anti-Consumer Insurance Bills
Apr 27 2005 // The Senate Banking, Finance and Insurance Committee this week will consider three bills that have one thing in common – provisions that ultimately will hurt consumers if enacted, according to Sam Sorich, president of...
PCI Submits Comments to Federal Trade Commission on Credit Scoring Research
Apr 27 2005 // The main benefit of using credit history to underwrite auto and homeowners insurance policies is that it allows insurers to charge lower risk consumers less for their coverage, according to the Property Casualty Insurers...
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...
