Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Coverage Already in Place Can Help Protect Travel Plans
Jun 10 2002 // Ahh, summer—vacations to the coast or the mountains, cruises to Alaska, treks to far-off, exotic lands. Even if you’re not treating yourself or your family to a once-in-a-lifetime vacation this year, some of your...
IIAT’s Stromberger Plans to Gather no Moss
Jun 10 2002 // Upon his retirement as the executive director of the Independent Insurance Agents of Texas later this summer, Ernie Stromberger has no intention of resting long enough to gather any moss. Instead, travel, time with family...
Fake Stucco, Real Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
AIA and NAII Oppose California’s SB 1763
Jun 10 2002 // California senators recently approved Senate Bill 1763, designed to restrict insurance companies from writing mold and liability restrictions into their policies. The bill, which was introduced by Senator Deborah Ortiz...
Standard and Poor’s says Auto, Homeowners Outlook Stable
Jun 7 2002 // Higher pricing underlies the prospect of improved earnings among U.S. auto and homeowners’ insurers, according to a midyear report released by Standard & Poor’s. The outlook has been revised to stable...
Calif. Insurers’ Homeowner Profits Drowning in Water Damage Claims
Jun 6 2002 // Rising household water damage claims have cost California insurers billions of dollars and are constricting the homeowners insurance market, according to a study done by the Insurance Information Network of California. The...
Politics of a Long, Hot Summer
May 27 2002 // Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general...
Watch the Skies, Weather Still Causing Trouble for Homeowners Markets
May 27 2002 // For the past year, while the Texas homeowners insurance market reeled from the effects of mold claims on premium (and still does), homeowners markets in other states have begun bracing themselves for similar nightmare...
Politics of a Long, Hot Summer
May 27 2002 // Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general...
ARIZ. COMPANIES MAKE LIMITS
May 27 2002 // Following the lead of State Farm, Prudential Insurance will limit Arizona customers seeking new auto and homeowner’s coverage in order to maintain control of its policyholder base, according to The Tribune....
STATE FARM WITHDRAWS FROM LA.
May 13 2002 // State Farm has decided to take a hike from the Louisiana homeowners market and Acting Insurance Commissioner Robert Wooley acknowledged the pullout comes as no surprise. In a statement, Wooley noted that the company cited...
Homeowners
May 13 2002 // Nuts & Bolts: Multi-State Insurance Services has available a program for homeowners insurance. Mobile home and dwelling fire is also available. Dollars: Policy limits of $500,000; Deductibles of $250, $500, $1,000,...
STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE
May 13 2002 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
Companies Limiting Ariz. Home, Auto Policies
May 8 2002 // Following the lead of State Farm, Prudential Insurance will limit Arizona customers seeking new auto and homeowner’s coverage in order to maintain control of its policyholder base, according to The Tribune....
Is the Texas Personal Auto Market Another Homeowners in the Making’
Apr 29 2002 // The personal automobile insurance market in Texas may not be approaching the crisis level at which the homeowners market currently finds itself, but signs indicate that it may be in for a rough ride. According to the Texas...
Zurich Offers Home Environmental Protection Insurance for Homeowners with a Residential Fuel Oil Tan
Apr 25 2002 // Zurich North America’s Environmental Group has come up with an innovative program to provide today New York, New Jersey and Pennsylvania residents with coverage for their residential fuel oil tanks. The Home...
State Farm Withdraws from Homeowners Insurance in Calif.
Apr 25 2002 // State Farm Insurance Company recently announced that it would no longer sell homeowners insurance in California due to the increasingly large payouts over the past two years, according to the Los Angeles Times. The company...
Ohio Insurance Director Asks State Supreme Court to Uphold Homeowners Standard
Apr 23 2002 // Ohio Insurance Director Lee Covington weighed in on a case before the Ohio Supreme Court, asking it to uphold the state insurance department’s longstanding policy that homeowners policies do not cover automobile...
State Farm Puts Moratorium on Calif. Homeowners’ Insurance
Apr 22 2002 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
PIFC Claims Higher Costs and Disruption in Homeowners Costs if SB 1763 Passes
Apr 17 2002 // Diane Colborn, vice president of the Personal Insurance Federation of California (PIFC) remarked that SB 1763, a bill authored by Senator Deborah Ortiz requiring all property and liability insurance policies to cover mold...
