Latest Homeowners Headlines

All the headlines from our Homeowners Topic Page, ordered by recency.

Elderly Michigan Woman Protests High Home Insurance Bill

Dec 19 2011 // An 83-year-old woman in Michigan says she won’t suffer silently after an insurance company raised her bill from $585 to $4,092.Alice LaDuke lately has been standing outside the home office of Auto-Owners Insurance in...

Allstate Rates for Texas Homeowners Could Go Up

Dec 19 2011 // Allstate Insurance has asked Texas regulators to allow the company to raise homeowner rates by nearly 10 percent for some customers.Allstate spokesman Joe McCormick told the Dallas Morning News that the industry is...

Pennsylvanians Face Sinkhole Threat, But Many Lack Insurance Coverage

Dec 19 2011 // A U.S. senator is enlisting the help of Pennsylvania insurance commissioner to help protect the Keystone State’s homeowners from sinkhole damages.In a letter to Pennsylvania Insurance Commissioner Michael Consedine,...

Chinese Drywall Settlement Could Reach $1B

Dec 16 2011 // Owners of thousands of U.S. homes tainted with foul-smelling Chinese drywall agreed to a legal settlement on Thursday with a German manufacturer.An attorney for the plaintiffs, Russ Herman, said the settlement reached with...

North Carolina Cuts Dwelling Fire Rates; No Changes in Extended Coverage

Dec 13 2011 // Residents in North Carolina will see a rate decrease when it comes to their dwelling fire coverage while at the same time seeing no change in the cost of their dwelling extended coverage.North Carolina Insurance...

Insurer of High-Value Homes Expands to Louisiana

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...

North Carolina Homes Rebuilt After Twisters

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”...

Florida Turns to Surplus Lines to Help Depopulate Citizens

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...

State Farm Gets 7.8% Homeowners Rate Hike in Louisiana

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...

Idaho Homeowners Association Treasurer Charged With Embezzling

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...

Insured Losses from Bastrop, Texas, Wildfire Rise to $325M

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...

Florida Agents Concerned About Homeowners Choice Contract

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...

Florida’s Citizens Insurance Says Legislation Needed for Real Change

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...

Allstate Bundles Home Policies with Auto Policies in North Carolina

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...

More Homes Added to Chinese Drywall Remediation Settlement

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)...

Louisiana Citizens Sheds More Policies

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...

State Farm Hikes Homeowner Policy Rates, Deductibles in Texas

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....

Florida’s Citizens Suggest Steps to Reduce Its Exposure

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...

Florida’s HomeWise Insurance Ordered Into Liquidation

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...

Joplin Homeowners Need More Time to Rebuild, Missouri Regulators Say

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...