Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Manufactured Homes
Jul 22 2002 // Nuts & Bolts: Spectrum Brokers has available a program for manufactured home retail. Business is brokerage only. Endorsements include broad form. Dollars: Policy limits are $1,000/$2,000 general liability and...
Nev. Regulators May Look to Legislative Solution on Defect Litigation Costs
Jul 22 2002 // According to the Alliance of American Insurers, Nevada insurance regulators concerned about the availability of residential contractor’s liability insurance should not look to mandatory pools, but should develop a...
TDI Investigating Farmers’ New Homeowners Restrictions
Jul 22 2002 // Texas Insurance Commissioner Jose Montemayor has initiated an investigation of Farmers Insurance Co. to determine whether new homeowners restrictions it put in place violate fair trade practices. The Austin...
Montemayor Approves ISO Homeowners Policy Form for Texas
Jul 22 2002 // Texas Insurance Commissioner Jose Montemayor has approved homeowners policy forms from the Insurance Service Office (ISO) similar to policies used by insurers in other states. Insurers wanting to use the ISO form in Texas...
I.I.I. President Says Mold Reaching Crisis Proportions in Texas
Jul 22 2002 // Gordon Stewart, president of the Insurance Information Institute (I.I.I.), said in Congressional testimony July 18 that mold has become a major factor in rising homeowners costs, reaching crisis proportions in Texas, and a...
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,...
