Latest Homeowners Headlines

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

Insurance Vital to Alabama Coast Long-Term Plan, Says Commission

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...

North Carolina Insurers Seek Rate Hike on Dwelling Fire Policies

Jan 5 2011 // North Carolina insurers are looking to raise rates from 7 percent to 25 percent, or an average 20.9 percent statewide, for 2011 on dwelling fire and extended coverage policies.If approved the higher rates would affect...

Texas Insurance Commissioner Geeslin to Step Down

Jan 5 2011 // Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011.Geeslin has been with TDI for eight years, and has served...

South Carolina Awards 85 Mitigation Grants to Coastal Homeowners

Jan 4 2011 // Eighty-five South Carolina homeowners who live on the coast are the latest recipients of grants to help them strengthen their homes against storms.Scott H. Richardson, state insurance commissioner, said the SC Safe Home...

California Approves Homeowners Underinsurance Regulations

Dec 31 2010 // 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...

UK Homeowners Insurance is Biggest Fraud Target; $3.55 Million a Day

Dec 30 2010 // Home insurance is now the number one target for insurance fraudsters according to the hundreds of fraudulent insurance claims exposed every day, according to the Association of British Insurers (ABI).To back up is...

Rates Rising But Florida Home Insurers Report Still Losing Money

Dec 28 2010 // Many Florida homeowners expected relief from the higher property insurance bills that followed the busy 2004 and 2005 hurricane seasons. But more than 4 million homeowners are about to get hit by rate hikes and...

Insurers’ Recent Success a Milestone in a Year of Chinese Drywall Litigation

Dec 23 2010 // A federal judge in Louisiana recently 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 those...

Top Holiday Mishaps: Are Your Clients Covered?

Dec 21 2010 // The Rocky Mountain Insurance Information Association is warning the industry that the holiday season at times can set the stage for for a not so merry celebration.“It’s a good idea to make sure [consumers] are...

Insurance Vital to Alabama Coast Long-Term Plan, Says Commission

Dec 21 2010 // 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...

Louisiana’s Terrebonne Parish Demolishing Storm Damaged Homes

Dec 17 2010 // Terrebonne Parish is planning to demolish about 450 hurricane-damaged homes, mostly in low-lying bayou communities.Parish officials said the structures will be torn down this spring because they are in such dilapidated...

Allstate Raises Homeowner Insurance Rates

Dec 16 2010 // Allstate Insurance has notified the Texas Department of Insurance that it will increase homeowner rates — some by almost 10 percent.About 450,000 homeowners covered by Allstate Texas Lloyds will see a rate increase...

First Home Seeks 39% Rate Hike in Florida

Dec 7 2010 // Florida officials will hold a hearing today on a proposed statewide average home insurance rate hike of 39.3 rate increase for First Home Insurance Co., a Florida domiciled insurance company based in Maitland,...

Fireman’s Fund Expands Green Credit For Oregon Homeowners

Dec 7 2010 // Fireman’s Fund Insurance Co., the nation’s first provider of green insurance, has expanded the credit for green homeowners in Oregon to include certification by Earth Advantage.Fireman’s Fund is offering...

Network Matches At-Home Insurance Retirees with Employers

Dec 5 2010 // As more and more experienced insurance agency and carrier employees discover their retirement income isn’t what they thought it would be, many are happy to find work they can do from home to supplement their income....

North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?

Dec 5 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...

Louisiana Citizens Sheds Homeowners Policies

Dec 5 2010 // Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed by the private insurance market, according to state Insurance Commissioner Jim...

Farmers Insurance Files for Homeowners Rate Hike in Texas

Dec 5 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners insurance coverage in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about...

Auto, Homeowners Insurance Costs in Ohio Well Below National Average

Nov 30 2010 // Ohio consumers pay $226 less for homeowners insurance than the U.S. average and nearly $167 less for auto insurance than the U.S. average, according to a report updated by the Ohio Insurance Institute (OII).The homeowners...

Farmers Insurance Files for Homeowners Rate Hike in Texas

Nov 29 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas.The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the...