Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Countrywide Insurance Offers Online Purchasing Of Homeowners Insurance
Jul 27 2000 // Countrywide Insurance Services is offering homeowners insurance online. Initially available in 15 states, consumers can buy their homeowners insurance through the website, www.cwinsurance.com. In the coming months,...
State Farm Adjusts Ohio Homeowners Rates; Estimates $7 Million in Storm Claims
Jul 18 2000 // State Farm Fire and Casualty Company has increased its statewide average rate increase by 1 percent for Ohio homeowners insurance policyholders, including renters and condominium unit owners. The new rates were implemented...
Illinois Health Insurance Complaints Up; Auto & Homeowners Down in ’99
Jul 13 2000 // Consumer complaints to the Illinois Department of Insurance increased by nearly 8 percent in 1999, according to complaint information released today by Director Nathaniel S. Shapo. The Department investigated 14,867 cases...
Historic or Brand New -It’s a High-Valued Home Sweet Home
Jun 12 2000 // It’s spring home-buying season, and realtors throughout California are reporting that despite interest rate fluctuations and a seesawing stock market, the real estate market is hotter than ever. From Ventura to...
Bancassurance Model is Business as Usual in European Countries
Jun 12 2000 // The passage of the Gramm-Leach-Bliley Act marked a watershed in U.S. financial regulation, opening up the banking, insurance and securities sectors to cross-holdings and business combinations after almost 70 years of...
Whose Responsibility Is It’ Educating Agents and Insureds about Flood Insurance
Jun 12 2000 // The Federal Emergency Management Agency (FEMA) estimates that almost 11,000 households in the U.S. are at risk for flooding, which accounts for 90 percent of all disasters nationwide. Yet, the vast majority of American...
Quake Authority Looks to Develop a Five-Year Strategic Plan
Jun 12 2000 // After the Northridge earthquake rumbled through California on Jan. 17, 1994, destroying or damaging more than 200,000 homes, injuring 12,000 people and killing 60, and damaging or leaving uninhabitable 114,000 buildings,...
Homeowner Policy Sales Make a Successful Online Debut
Jun 12 2000 // One of the most recent “firsts” in online insurance transactions is the opportunity for consumers to actually bind homeowners policies online. Homesite Insurance holds the distinction of being the first company...
Natural Disaster Reform Legislation Reaches a Turning Point
Jun 12 2000 // Nobody likes to lose their shirt, least of all insurers. So it’s no surprise that, following the huge losses caused by natural disasters in the past few years, insurers have bolted from the homeowners market, leaving...
Bankers Enters California Homeowners Market
Jun 8 2000 // Florida-based Bankers Insurance Company was recently approved to write homeowners policies in California. Doing business in the Golden State is nothing new for Bankers. As the country’s second largest flood carrier...
Questions & Answers
Jun 5 2000 // Q. Our insured is renting a facility for a wedding reception. Does homeowners liability provide coverage for our insured for the rental of this facility? A. The Homeowners exclusion 1.E.(2) excludes coverage to...
Homesite Offers Homeowners’ Insurance Online
Apr 25 2000 // Homesite Insurance has launched Apply-‘n’-Buy, a proprietary insurance technology offering customers the ability to purchase homeowners and renters insurance directly online during a single visit. The entire...
Oregon Ruling Expands Homeowners Coverage
Mar 7 2000 // A recent decision from the Oregon Supreme Court expands coverage for most Oregon homeowners policies to include pollution liability exposure. The original decision in November 1999, in the case of Fleming v. USAA, ruled...
Non-Profit Nursing Homes Receive TDI Assistance
Feb 2 2000 // Non-profit nursing homes and assisted living facilities in Texas will soon be admitted into the state’s Medical Liability Insurance Underwriting Association for the first time since 1982, with for-profit facilities...
