Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Let’s Reform the Texas Insurance Market the Right Way
Dec 16 2002 // Oklahoma Insurance Commis-sioner Carroll Fisher put it best when he recently said, “The best regulator of insurance rates is the consumer. For all the hard work state employees do to regulate insurance companies,...
Grabbing the Headlines in 2002
Dec 16 2002 // Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives...
A Year for Reflection and Reaction
Dec 16 2002 // As the end of 2002 nears, it is the time to look back over the past year and to reflect on the major events in this chaotic year. Any consideration of 2002 must consider the tumultuous reaction to the Sept. 11 terrorist...
Abandoned Mine Subsidence Program Beefs Up Homeowners Coverage
Dec 13 2002 // The Pennsylvania Mine Subsidence Insurance Fund Board announced it has increased the maximum coverage available for residential structures from $150,000 to $250,000, effective immediately. “At an average cost of $1...
IRC Reports Satisfaction With Companies Despite Rising Premiums
Dec 12 2002 // According to a recent Insurance Research Council (IRC) survey of U.S. households, most Americans are satisfied with the companies that provide their personal insurance. More than nine out of 10 respondents with homeowners...
TX Governor Calls Homeowners Insurance Reform an Emergency Issue
Dec 11 2002 // Texas Gov. Rick Perry plans to declare homeowners insurance reform an emergency issue when the 78th Texas Legislature convenes on January 14 and put homeowners insurance at the top of the legislative agenda for state...
Top 5 Reasons Calif. Homeowners Insurance Rates are Rising
Dec 6 2002 // Representatives from the Personal Insurance Federation of California (PIFC), the Association of California Insurance Companies (ACIC) and the American Insurance Association (AIA) recently announced the top five reasons...
Florida Nursing Homes Jump on Quality Improvement Program
Dec 4 2002 // Florida Medical Quality Assurance Inc. reports that Florida nursing homes are not wasting time getting involved with the recently launched Nursing Home Quality Initiative (NHQI) spearheaded by the U.S. Department of Health...
Settlement Reached: Farmers to Stay in Texas
Dec 2 2002 // The Texas Department of Insurance (TDI) and the Office of Attorney General (OAG) announced that a settlement was reached with Farmers Insurance Group on November 30, under which Farmers will continue to offer homeowners...
Home Healthcare/Nursing Homes
Dec 2 2002 // Nuts & Bolts: APG Insurance Services has available a program for home health-care/nursing homes. Dollars: Policy limits of $1,000,000. Minimum premiums of $2,500. Carrier: Rated “A.” States Available:...
Calif. Commissioner Reflects on the Past, Looks to the Future
Nov 25 2002 // Insurance Journal staff writer Cynthia Beisiegel recently caught up with California Insurance Commissioner Harry Low at the NAII Annual Meeting in Los Angeles. Commissioner Low shared his thoughts on the improvements he...
Get to Know Your State Legislators
Nov 25 2002 // If there was one message speakers at the 2002 Annual Meeting of the Texas Surplus Lines Association (TSLA) wanted their audience to go away with, it was: Get to know your state legislators. That was the mantra chanted by...
Qualified P/C Leads Now Available from Homeownersleadsdirect.com
Nov 19 2002 // A new online lead system for helping personal lines property/casualty agents increase production through qualified sales leads is now available at www.homeownersleadsdirect.com. Introduced by California-based iLeads.com,...
Filing of Insurance Bills in Texas Begins
Nov 13 2002 // Texas legislators wasted little time in filing post-election insurance reform legislation. One week after an election in which campaigns rang with promises from Republicans and Democrats alike to bring down homeowners...
Farmers to Extend Renewals 30 Days; Rate Cut Part of Temporary Settlement
Nov 12 2002 // As a result of ongoing discussions with the Governor’s office, the Texas Department of Insurance (TDI) and the Office of Attorney General (OAG), the Farmers Insurance Group of Companies announced that it would...
AAI Discourages Md. Mold Coverage Mandate
Nov 8 2002 // The Alliance of American Insurers (AAI) pressed the Maryland Insurance Administration not to establish coverage mandate, arguing that such a mandate would destabilize the state’s homeowners insurance...
Ballard Sues Farmers Over Accusations
Nov 6 2002 // Austin, Texas-based homeowner advocate, Melinda Ballard, announced she filed a lawsuit in Travis County District Court against Farmers Insurance (Farmers) and its paid spokesman for falsely accusing her of committing...
Michigan’s OFIS Cites Company Violations of Home Insurance Laws
Nov 1 2002 // The Michigan Office of Financial and Insurance Services (OFIS) announced that it is investigating a number of consumer complaints into potential violations of Michigan’s homeowners insurance law. The bulletin said it...
SAFECO Reports Continued Earnings With 3rdQ Net Income Increase
Oct 29 2002 // SAFECO reported continued earnings growth as third-quarter net income increased to $75.2 million, or $0.59 per diluted share. Income before charges and realized gains increased to $86.4 million, or $0.68 per diluted...
AON STUDY REPORTS HOMEOWNERS MARKETPLACE STILL NOT EARNING ITS COST OF CAPITAL
Oct 28 2002 // Aon Corporation announced the results of Aon Re Worldwide’s comprehensive study of the U.S. homeowners marketplace. The results of the study reveal that the homeowners insurance industry, despite recent rate and...
