All the headlines from our Homeowners Topic Page, ordered by recency.
Feb 21 2011 // A lawsuit over property rights along New Orleans’ 17th Street Canal, a canal that broke during Hurricane Katrina, may be headed to federal court.In January, homeowners with backyards along the 17th Street Canal filed...
Feb 18 2011 // Homeowners in a southeast Orlando subdivision have settled a class-action lawsuit against a homebuilder for $1.2 million.An attorney for the residents in the Newport subdivision said the settlement was reached last week...
Feb 10 2011 // Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes took their toll.Allstate’s fourth quarter 2010 net profit was $296 million compared...
Feb 8 2011 // Due in part to claims from California rainstorms and Florida sinkholes, Los Angeles-based Mercury Insurance reported a fourth quarter net loss of $23.6 million, compared with net income of $34.2 million for the same period...
Feb 7 2011 // Citing fourth quarter losses in Florida of $19 million, Mercury General said it would begin the process of withdrawing from the state’s homeowners insurance market. The company said it will send the mandatory 180-day...
Feb 7 2011 // Thousands of Oregonians are enjoying lower insurance premiums as a result of a year-old credit scoring law, according to a recent survey by the Department of Consumer and Business Services (DCBS) Insurance Division.The law...
Feb 7 2011 // Although not in the national news as much lately, Chinese drywall continues to disrupt the lives and finances of thousands of homeowners and other users of the product. In the courts, homeowners are fighting to obtain...
Feb 7 2011 // Wildfires tore through the suburbs of an Australian city on Sunday, destroying a number of homes, news reports and authorities said. There were no reports of injuries.Two fires fanned by hot summer winds were burning in...
Feb 3 2011 // The Berkshire Hathaway Homestate Companies (BHHC) now has the ability to provide workers’ compensation coverage to their clients in every state that allows private insurers to compete for business. Currently, BHHC...
Feb 1 2011 // State Farm of Florida is requesting a statewide average 27.7 percent homeowners insurance rate increase citing the rising costs of sinkhole claims. The request comes as Florida lawmakers are trying to broker a deal over...
Jan 24 2011 // Texas Insurance Commissioner Mike Geeslin announced in early January that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011.Commissioner Geeslin has been with TDI for...
Jan 24 2011 // The U.S. has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties.The failure to persuade about 13 makers of contaminated drywall...
Jan 24 2011 // Thousands of Oregonians are enjoying lower insurance premiums as a result of a year-old credit scoring law, according to a recent survey by the Department of Consumer and Business Services (DCBS) Insurance Division.The law...
Jan 13 2011 // As many as 1 million Pennsylvania homes sit above abandoned coal mines, yet a state-subsidized insurance program for mine subsidence has issued only 58,000 policies.Abandoned mines are in 43 of Pennsylvania’s 67...
Jan 12 2011 // A handful of new insurers have entered the coastal markets of Alabama and Mississippi, offering options to some homeowners. Coastal American, PURE, American Strategic, Wilshire, Republic and Southern Fidelity may not...
Jan 11 2011 // The top U.S. product safety official said on Monday the agency has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties.The...
Jan 10 2011 // A federal judge in Louisiana in mid-December let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from the installation of defective drywall from China off the hook for coverage from...
Jan 10 2011 // California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take...
Jan 10 2011 // Florida regulators have approved $718 million in rate increases that will affect 4 million policyholders — even though there have been no hurricanes for five years.The insurance industry says the increases are needed...
Jan 10 2011 // Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover...