All the headlines from our Homeowners Topic Page, ordered by recency.
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Apr 5 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Apr 5 2010 // Homeowners who are dependent on Louisiana’s property insurer of last resort will see rates increasing by an average7 percent statewide.However, rate increases – as well as decreases – will vary widely,...
Apr 5 2010 // Florida asked for federal assistance for thousands of homeowners with property damage caused by defective Chinese drywall but the Federal Emergency Management Agency, which typically deals with hurricanes and other natural...
Apr 1 2010 // State Farm Insurance has filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hikes by the company.Texas’ largest...
Mar 31 2010 // State Farm Fire and Casualty Co. has filed an average 9.9 percent rate increase request for homeowners coverage in Louisiana, according to the Associated Press.State Farm is Louisiana’s largest home insurer with just...
Mar 31 2010 // The General Assembly has passed a bill that would allow the Kentucky Department of Insurance to pay homeowners up to $300,000 for damage resulting from geologic shifts triggered by mining.The current limit allowed to be...
Mar 26 2010 // Cirro Home Guard, an affiliate of Cirro Energy, has created three new programs that provide water line replacement, sewer line repair, and related landscaping restoration for homeowners in Texas.Cirro Home Guard water line...
Mar 26 2010 // Property/casualty insurers are expected to continue to handle costs for defective Chinese drywall claims in the normal course of business, according to a rating analyst with Moody’s Investors Service.Losses from...
Mar 26 2010 // Property insurance companies would not be allowed to cancel policies or raise rates on homeowners who make damage claims stemming from corrosive Chinese drywall, under two proposed state laws in Louisiana.Bills by state...
Mar 23 2010 // 21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc.The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred...
Mar 22 2010 // The Homeowners Defense Act (H.R. 2555), a bill that would provide a federal backup for states with catastrophe insurance funds, would reduce California earthquake insurance premiums by about 35 percent, according to...
Mar 22 2010 // U.S. Congressman Charlie Melancon (LA-03) sent a letter to the nation’s top fire official requesting his assistance in protecting homeowners from toxic Chinese drywall. In his letter to U.S. Fire Administrator Kelvin...
Mar 18 2010 // Mobile’s fire-rescue chief says a downgrade in fire protection rating is likely to boost insurance premiums the most for homeowners just outside the city limits.Fire-Rescue Chief Steve Dean said that while city...
Mar 18 2010 // A Clearwater-based property insurance company is the latest Florida company to run afoul of Florida insurance regulators. Insurance Commissioner Kevin McCarty ordered Homeowners Choice Property & Casualty Insurance Co....
Mar 17 2010 // The Chubb Group of Insurance Companies has expanded its wildfire defense services to homeowner policyholders in Texas.In addition to providing wildfire education and property risk assessments, the program responds to...
Mar 17 2010 // Last week Florida asked for federal financial assistance for thousands of homeowners with property damage caused by defective Chinese drywall.But the Federal Emergency Management Agency, which typically deals with...
Mar 16 2010 // Union General has an “A+” rated carrier offering coverage to California agents for common area exposure for homeowners associations. Pricing is on a per unit basis. Limits up to $2,000,000 occurrence/$3,000,000...
Mar 12 2010 // Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute.“Many states on...
Mar 12 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of American Modern Insurance Group of Amelia, Ohio and its...