Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Some Homeowners Unexpectedly Hit With ‘Windstorm Deductible’
Nov 7 2012 // In the immediate days after Superstorm Sandy, officials in the Northeastern states declared that hurricane deductibles would not apply to Sandy claims. Officials from northeastern states including New York, New Jersey and...
N.Y. Gov. Cuomo Eases Insurance Rules for Documenting Storm Damage
Nov 6 2012 // New York Gov. Andrew Cuomo said Monday, Nov. 5, that he is ordering insurance companies to ease rules on documenting Sandy-related damages during the claims filing procedure. The governor said that, at his direction, the...
Va. Court: Chinese Drywall Damage Excluded From Homeowners Policy
Nov 5 2012 // The Virginia Supreme Court ruled last week that home damages that were allegedly caused by Chinese drywall are excluded from TravCo Insurance Co.’s “all risk” homeowners insurance policy. TravCo Insurance...
F.I.D.O. Brings Dog Bite Liability Coverage to Florida
Nov 5 2012 // When commercial lines agent and dog owner Debbie Turner began to look into help for her difficult dog back in 2000, she had no idea that her journey would end up leading to a new personal lines insurance option. She...
North Carolina Home Insurance Ruling Scheduled for After Election
Nov 5 2012 // Two weeks ahead of the election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowners’ premiums by a...
Insurer Drops Nebraska Man’s Policy Because of Police Dog, Then Apologizes
Nov 5 2012 // An insurance company that canceled the homeowner’s policy of a Nebraska sheriff’s deputy because of his K-9 unit dog said it’s looking to change its practices regarding police dogs. American Family...
Hurricane Deductibles Won’t Apply for Sandy in Del. Penn., R.I., D.C.
Nov 4 2012 // [Update: Maine also announced this week that hurricane deductibles would not apply for Sandy-related claims in the state. The Maine Bureau of Insurance told Insurance Journal Monday, Nov. 5, that hurricane deductibles will...
Florida Consumer Advocate Hits Use of Past Credit History to Deny Claims
Nov 2 2012 // Florida’s consumer advocate is calling for an investigation into insurers using homeowners’ past credit history to deny claims and cancel policies even though the homeowners have paid premiums for...
Controversy Over Hurricane Deductibles May Just Be Beginning
Nov 2 2012 // When the National Hurricane Center declared Sandy a “post-tropical storm” just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money....
N.Y. Gov. Cuomo: New Yorkers Won’t Have to Pay Hurricane Deductible for Sandy
Nov 1 2012 // New York Governor Andrew Cuomo announced Wednesday that New York homeowners will not have to pay potentially large hurricane deductibles on insurance claims stemming from damage caused by Sandy. New York joins other...
Flood Insurance Still Relatively Rare in Northeast
Oct 31 2012 // Many homeowners who suffered losses because of flooding from Hurricane Sandy are likely to find themselves out of luck. Standard homeowners policies don’t cover flooding damage, and the vast majority of homeowners...
Insurer Drops Nebraska Man’s Policy Due to Police Dog, Then Apologizes
Oct 29 2012 // An insurance company that canceled the homeowner’s policy of a Nebraska sheriff’s deputy because of his K-9 unit dog said it’s looking to change its practices regarding police dogs. American Family...
Hurricane Sandy Doesn’t Worry Safety-Conscious ‘Preppers’ Homeowners
Oct 28 2012 // Hurricane Sandy is charging up the East Coast as a cold front is tearing across the U.S. from the west and an arctic blast is barreling down from the north. The resulting “Frankenstorm” could cause gale-force...
North Carolina Regulator Calls for Hearing, Delay on Home Insurance Rates
Oct 25 2012 // Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowner’s premiums by a...
California Commissioner Considering ‘Force-placed’ Regulations
Oct 24 2012 // A meeting slated for Thursday called for by California Insurance Commissioner Dave Jones to deal with “force-placed” insurance has cast the dye for debate on whether such insurance should be filed in the...
$42.7M Rate Reduction for California Policyholders of ‘Force-Placed’ Insurer
Oct 23 2012 // California Insurance Commissioner Dave Jones announced a 30.5 percent rate reduction, for “lender-placed” homeowners’ insurance coverage offered by American Security Insurance Co., an Assurant Inc.-owned...
F.I.D.O.’s Dog Bite Liability Insurance Fills Coverage Gap
Oct 23 2012 // When commercial lines insurance agent and dog owner Debbie Turner began to look into help for her difficult dog back in 2000, she had no idea that her journey would end up leading to a new personal lines insurance...
In-Debt-Ed
Oct 22 2012 // Before the financial crash of 2008, it was highly educated Americans who were most likely to pile on unmanageable levels of debt, suggests a new study, one of those that seems to turn conventional wisdom on its...
Attorney: Catastrophic Weather Slamming Oklahoma Property Market
Oct 22 2012 // Property insurance claims in Oklahoma totaled $1.6 billion in 2011, according to one attorney familiar with the property insurance market in that state. Much of that was the result of catastrophic weather conditions that...
In-Debt-Ed
Oct 22 2012 // Before the financial crash of 2008, it was highly educated Americans who were most likely to pile on unmanageable levels of debt, suggests a new study, one of those that seems to turn conventional wisdom on its...
