Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
High Value Homeowners
Jul 7 2003 // Nuts & Bolts: Arrowhead General Insurance Agency is offering a high value homeowners program. Endorsements—Scheduled valuable possession—unlimited appetite and capacity, blanket coverage is available. Also...
STATE FARM HOMEOWNER RATES INCREASE IN NEV:
Jun 23 2003 // Nevada Insurance Commissioner Alice Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
Homeowners
Jun 23 2003 // Nuts & Bolts: Heartland Marketing Group Inc., a provider of standard markets to independent agents, announced a new Surplus Lines Homeowner Product for Texas, Oklahoma, Arkansas, Kansas and Missouri. The product will...
NAII: La., Texas Lighten Regulatory Load
Jun 20 2003 // Louisiana and Texas legislators opted to overhaul their insurance regulatory systems this year with competition-based solutions that should help to address the insurance availability and affordability crises that have...
State Farm Resumes Writing New Policies in Ark.
Jun 17 2003 // Arkansas Insurance Commissioner Mike Pickens announced that State Farm Fire and Casualty Insurance Company would immediately resume writing new homeowner’s policies in the State of Arkansas. The company returns to...
Farmers Files for Lower Rates for Nevada Homeowners
Jun 17 2003 // Farmers Insurance Group announced it has filed for a rate reduction with the Nevada Department of Insurance on all homeowners business in the state of Nevada. If approved by the department, beginning with September 16th...
Gov. Perry Signs Reform Legislation
Jun 11 2003 // Texas Gov. Rick Perry signed Senate Bill 14, the recently passed insurance reform legislation, during a signing ceremony at a construction site in Temple. According to a statement released by the governor’s office,...
Garamendi Responds to Trade Assoc.’s Lawsuit on Homeowners Advisory Notice
Jun 9 2003 // California Insurance Commissioner John Garamendi released the following statement in response to the lawsuit filed June 4 by the Personal Insurance Federation of California; the Association of California Insurance...
IIABA SURVEY REPORTS NEARLY 2.5 MILLION HOUSEHOLDS LOST HOMEOWNERS COVERAGE PAST TWO YEARS:
Jun 9 2003 // A new independent consumer survey conducted for the Independent Insurance Agents & Brokers of America (IIABA) confirms that non-renewals and premium increases are becoming more common in the current homeowners...
Texas Regulation Bill Passes in Last Hours of Session
Jun 9 2003 // In the waning hours of the 78th Legislature Texas lawmakers passed Senate Bill 14, the long-awaited insurance reform bill, giving additional power to the Insurance Commissioner to control residential and automobile...
PIFC, ACIC, AIA File Lawsuit Challenging CDI’s Homeowners’ Advisory Notice
Jun 5 2003 // Three insurance trade associations filed a lawsuit June 4 in Sacramento Superior Court challenging the legality of an “Advisory Notice” issued by the California Department of Insurance (CDI) on April 24, 2003...
Heartland Unveils Homeowners Product for Texas, Nearby States
Jun 3 2003 // Heartland Marketing Group Inc., a provider of standard markets to independent agents, announced that a new Surplus Lines Homeowner Product will soon be available in Texas, Oklahoma, Arkansas, Kansas and Missouri. Heartland...
State Farm Homeowner Rates Increase in Nev.
Jun 2 2003 // State Insurance Commissioner Alice A. Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...
Mold Claims Hit $4 Billion in Texas
May 27 2003 // Texas insurance companies have paid out just under $4 billion for mold claims in the past three years. According to the Insurance Council of Texas, an insurance trade association, mold claims have represented a larger...
Palisades Group Acquires Prudential’s NJ P/C Company
May 23 2003 // The Palisades Group, based in Berkeley Heights New Jersey, announced that it has agreed to acquire The Prudential Property and Casualty Insurance Company of New Jersey (PRUPAC-NJ), the New Jersey property and casualty unit...
Insurance Losses From Tornadoes Could Be Most Costly Event Ever, Says I.I.I.
May 20 2003 // U.S. insurers have taken another hit these past few weeks as tornado season continues to wreak havoc on the nation. The tornadoes, which swept across parts of the U.S. from May 2-11, have the potential to be the costliest...
Homeowners Associations
May 19 2003 // Nuts & Bolts: Union General is offering coverage for common area exposure for homeowners associations. Pricing is on a per unit basis. Coverage is available for tennis courts, basketball courts, baseball diamonds,...
Alliance Responds to IIABA Survey on Homeowners Market
May 14 2003 // The Alliance of American Insurers (AAI) responded Tuesday to a recent report from the Independent Insurance Agents and Brokers of America (IIABA), addressing the homeowners market (see IJ Web site May 13) in the...
