All the headlines from our Homeowners Topic Page, ordered by recency.
Dec 13 2011 // Privilege Underwriters Reciprocal Exchange (PURE), which offers customized property and casualty insurance coverage to owners of well-built, high-value homes, announced it is expanding into Louisiana.PURE serves more than...
Dec 12 2011 // The relief organization Samaritan’s Purse last Friday turned over the keys of two homes rebuilt by volunteers eight months after they were destroyed by deadly tornadoes in Bertie County.Lucy “Pearl”...
Dec 9 2011 // Florida lawmakers are considering allowing surplus lines carriers to participate in the depopulation programs of the state’s largest homeowner insurer in an effort to reduce its policyholder rolls.Citizens Property...
Dec 9 2011 // Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent.State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into...
Dec 8 2011 // The former treasurer of a Meridian, Idaho homeowners association is charged with embezzling more than $20,000 from the organization since 2006. The Idaho Statesman reported Tuesday that Kristy Jenkins is charged with...
Dec 8 2011 // More than half of the homeowner insurance claims have been settled in the Bastrop (Texas) Complex Wildfire that occurred over the Labor Day weekend. The final tally for insured losses from the wildfire is projected to hit...
Dec 7 2011 // Independent agents in Florida are concerned that an appointment contract offered by a Florida homeowners insurer that recently assumed thousands of policies from another company could result in a loss of those...
Dec 6 2011 // Florida’s largest homeowner insurer is offering a slate of coverage changes, but concedes that without legislative changes there will be little reduction in its exposure or policyholder count.Gov. Rick Scott last...
Dec 5 2011 // Allstate Insurance Co. has informed 45,000 homeowners in North Carolina that it will not renew their home policies unless they also purchase commercial or private auto insurance from the insurer by Dec. 15.Allstate...
Dec 5 2011 // A new settlement has been reached with Knauf Plasterboard Tianjin (KPT) over defective drywall manufactured by the company in China. The Plaintiffs’ Steering Committee (PSC), the Homebuilder Steering Committee (HSC)...
Dec 5 2011 // Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say.Louisiana Insurance Commissioner Jim Donelon...
Dec 2 2011 // A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas.State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible....
Dec 1 2011 // Florida’s largest property insurer wants to roll back coverage on high-value homes and lower its coverage limits on homeowners’ liability, as part of a broader plan to reduce its exposure in the state.Florida...
Nov 30 2011 // A Florida judge has ordered a homeowners’ insurer to shut its doors and hand its business affairs over to the state after state regulators found it no longer has enough money to pay its bills.Florida’s Division...
Nov 29 2011 // While insurance companies have paid out more than $1.1 billion for losses stemming from the May 22 tornado that devastated Joplin, Mo., regulators say that timelines contained in some property polices are hampering...
Nov 28 2011 // Five property owners whose homes were inundated by the spring flood could have their homes bought out by the city of Vicksburg next year.The Board of Mayor and Aldermen has authorized Mayor Paul Winfield to apply for a...
Nov 22 2011 // Some North Carolina residents who insure their residences through Allstate are finding themselves dropped by the company for refusing to bundle their home and auto coverage.Allstate Insurance Co. has informed 45,000...
Nov 22 2011 // Universal Insurance Holdings Inc. recently announced that its wholly-owned subsidiary, American Platinum Property and Casualty Insurance Corp. has just issued its first Florida homeowners’ policies. American Platinum...
Nov 22 2011 // Florida has a new player in the insurance market for high-value homes and inland marine policies.Universal Insurance Holdings Inc. recently announced that its wholly-owned subsidiary, American Platinum Property and...
Nov 18 2011 // Massachusetts Attorney General Martha Coakley is urging the State Rating Board to hold a hearing to scrutinize the data insurers use to set homeowners insurance rates in her state.The Attorney General’s office says...