Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Rates, Scores & the WTC
Mar 24 2003 // It looks like changes are underway in the Texas homeowners market. The legislature seems determined to bring down rates one way or another, and Insurance Commissioner Jose Montemayor’s preliminary report—developed...
Is the Economy Driving the Sub-Standard Auto Market in Texas’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite, but it is my opinion that we are closing in. Although insurance company annual statements do not...
La.’s Deputy Commissioner Takes on Rating Board, Struggling Firm
Mar 24 2003 // According to Jim Donelon, Chief Deputy Commissioner of the Louisiana Department of Insurance (LDI), the answer to the homeowners’ insurance crisis in Louisiana is to move to a file and use rating system, and to...
AAIS Gains Approval in Texas for Homeowners Forms
Mar 21 2003 // Property/casualty insurers that write homeowners insurance in Texas can now use policy forms developed by the American Association of Insurance Services (AAIS). AAIS is a national advisory organization that develops forms...
Aon Says Return on Homeowners Insurance Up but Still Not Earning Its Cost of Capital
Mar 18 2003 // Aon Corporation reports that significant rate and underwriting initiatives in the U.S. homeowners’ insurance marketplace continue to fall short of the cost of capital, in a continuing study of return on capital by...
CaliforniaSelect Releases Homeowners Program to Ind. Agents
Mar 18 2003 // CaliforniaSelect Insurance Agency, Inc., an affiliate of the Vesta Insurance Group (NYSE: VTA) announced the launch of a residential property program in California. CaliforniaSelect, part of Vesta’s Select Group of...
Montemayor Says Homeowners Rates Are Too High
Mar 14 2003 // In a highly anticipated preliminary report to the Texas Legislature, Insurance Commissioner Jose Montemayor told lawmakers that some of the state’s 12 largest homeowners insurance companies are charging rates that...
WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It
Mar 11 2003 // WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It A Paperback Original By Vicki Lankarge What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback) is the complete guide...
What Every Home Owner Needs to Know About Mold
Mar 11 2003 // What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback by Vicki Lankarge) is the complete guide to dealing with mold in your home – the asbestos of the new millennium. Toxic mold...
FSC Makes Available Automated Solution for CDI Homeowners Premium Survey
Mar 10 2003 // Fiserv FSC, Inc. announced that with CapFSC, California insurers can now, with one person, in less than one day, do what used to take a team of employees days or weeks to accomplish. CapFSC is a dependable and accurate...
Insurance Still on the Table at the 78th Texas Legislature
Mar 10 2003 // As promised, the 78th Texas Legislature is on a roll with insurance reform, with one bill having been signed into law and many more in committees or on their way to the House and Senate floors. Among the proposed...
NAMIC Reacts to NAR’s Homeowners Allegations
Mar 7 2003 // National Association of Mutual Insurance Companies (NAMIC) Federal Affairs vice president, Monte Ward, issued the following statement in response to the National Association of Realtors (NAR) media briefing, regarding...
REM to Continue Providing Services to Home Insurance in Rehabilitation
Mar 7 2003 // Risk Enterprise Management Limited (REM) announced that one of its run-off clients, Home Insurance Company (The Home), was placed into voluntary Rehabilitation pursuant to an Order of Rehabilitation by the Superior Court...
REM to Continue Providing Services to Home Insurance in Rehabilitation
Mar 6 2003 // Risk Enterprise Management Limited (REM) announced that one of its run-off clients, Home Insurance Company (The Home), was placed into voluntary Rehabilitation pursuant to an Order of Rehabilitation by the Superior Court...
Dewhurst Says TX Homeowners Rates Are up to 18% Too High
Feb 27 2003 // Texas Lt. Gov. David Dewhurst commented that homeowners insurance rates in Texas are running some 12 to 18 percent higher than they should be. According to the Houston Chronicle, Dewhurst made the remarks after Gov. Rick...
Texas Versus New Jersey
Feb 24 2003 // Is Texas the next New Jersey? That was one of the many questions posed about the state by Robert Hartwig, chief economist for the Insurance Information Institute, at the 40th Annual Joe Vincent Management Seminar held by...
NAII Opposes Superfluous Credit Bills at Ore. Hearing
Feb 14 2003 // An Oregon regulation addressing credit-based insurance scores should receive a chance to take effect and work before lawmakers consider adopting unnecessary legislation that could prevent consumers from getting the...
Exclusive Agents Feel the Squeeze
Feb 10 2003 // The times they are a’changin’.” Bob Dylan’s 60’s refrain could be the theme song for a new spirit moving through the ranks of the insurance industry’s exclusive (captive) agents. The...
Exclusive Agents Feel the Squeeze
Feb 10 2003 // The times they are a’changin’.” Bob Dylan’s 60’s refrain could be the theme song for a new spirit moving through the ranks of the insurance industry’s exclusive (captive) agents. The...
ACIC Comments on Calif. Commissioner’s Testimony
Feb 7 2003 // The California Assembly Insurance Committee met in a hearing Feb. 5, when Insurance Commissioner John Garamendi discussed his plans to address homeowners insurance issues. The Association of California Insurance...
