Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
HOMEOWNERS’ RATES CLIMB UPWARD
Jul 22 2002 // An extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards due to the emergence of mold claims are pushing the cost of homeowners insurance upward an average of 8 percent nationwide in...
The Surplus Lines Market-From Deep in the Heart of Texas
Jul 22 2002 // In the teeth of the first true hard market in nearly two decades, evidence accumulated by the Surplus Lines Stamping Office of Texas confirms the surplus lines insurance market is successfully fulfilling its primary...
New Market: Condo/Homeowner Assoc., Property Management Firms, Managers
Jul 9 2002 // Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation....
STATE FARM ENFORCES HOMEOWNER MORATORIUM:
Jul 8 2002 // State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes...
After the Mold Rush: Montemayor Looks at Future of Texas Markets
Jul 8 2002 // Considering Texas has one of the most difficult insurance markets in the country right now, Insurance Commissioner Jose Montemayor comes across not at all as one might expect—an embattled public official scrambling to...
7 Arrested for Homeowner Fraud
Jul 8 2002 // Following an investigation by the Texas Department of Insurance (TDI), the Federal Bureau of Investigation (FBI) and the U.S. Postal Inspection Service, seven Houston homeowners were arrested in connection with an alleged...
Condo/Homeowner Assocs., Prop. Manage-ment Firms, Managers
Jul 8 2002 // Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’...
7 Arrested for Homeowner Fraud
Jul 8 2002 // Following an investigation by the Texas Department of Insurance (TDI), the Federal Bureau of Investigation (FBI) and the U.S. Postal Inspection Service, seven Houston homeowners were arrested in connection with an alleged...
Homeowners Rates on Rise
Jul 8 2002 // Homeowners insurance rates have risen by average of 8 percent nationwide in 2002 due to an extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards in mold cases, according to a new...
Homeowners’ Rates on Rise: Increased Catastrophes, Soaring Home Repairs and Excessive Jury Awards am
Jul 1 2002 // An extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards due to the emergence of mold claims are pushing the cost of homeowners insurance upward an average of 8 percent nationwide in...
TDI Crackdown Nets Seven in Alleged Houston Homeowner Fraud Case
Jul 1 2002 // An investigation by the Texas Department of Insurance (TDI), the Federal Bureau of Investigation (FBI) and the U.S. Postal Inspection Service resulted in the arrest of seven Houston homeowners in connection with an alleged...
Texas Attorney General Candidates Spar on Insurance
Jun 27 2002 // Texas attorney general candidates Kirk Watson, Democrat, and Greg Abbott, Republican, have each unveiled plans to address the state’s homeowners insurance market crisis. The Austin American Statesman reports that...
NAII Says N.C. Bills Harmful to Inland Policyholders
Jun 27 2002 // Two bills backed by the North Carolina Department of Insurance that would launch a reinsurance facility for coastal homeowners’ insurance would instead create a subsidy system in which inland policyholders will pay...
King Not Renewing Calif. Homeowners, Renters, Condo Policies
Jun 25 2002 // California-based King Insurance recently forwarded a notice to all of its producers, informing them that the company’s homeowners, renters and condo policies showing renewal effective dates of Aug. 8, 2002 and later...
Manufactured Homes: A Necessary Component for Your Agency
Jun 24 2002 // You’ve heard them called trailer houses … or mobile homes … or manufactured houses. No matter what you call them, it’s a fact that one out of every five new homes sold today is a manufactured home. That,...
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...
A Preliminary Take on Mold Coverage
Jun 24 2002 // Mold. Stachybotrys. The stuff of broken refrigerators and the aftermath of floods is now the scourge of insurance companies. In the humid South, the epidemic of claims has led to actions by carriers and regulators similar...
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...
State Farm Shuns New Homeowners Policies in Kansas, Missouri
Jun 21 2002 // State Farm Insurance Company imposed a moratorium on new homeowners customers in Missouri and Kansas, expanding its ban against new residential policies to five states. According to the Kansas City Star, the company is the...
State Farm Places Moratorium on Homeowners Policies in 17 States
Jun 21 2002 // State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes...
