Latest Homeowners Headlines

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

Report: February Storms in Ohio Caused More than $28M in Losses

Apr 14 2010 // The Ohio Insurance Institute (OII) has reported that amount of insured losses from the series of February winter storms will be at least $28.2 million, with 12,173 claims filed to-date across the state.Because some...

PURE to Offer Personal Lines Coverage in Maryland and D.C.

Apr 13 2010 // New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C..The company, a member- owned reciprocal...

Calif. Proposes Agent/Broker Regs To Alleviate Under-Insurance

Apr 9 2010 // To alleviate concerns about homeowner under-insurance, the California Department of Insurance has informed Insurance Journal that it has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations...

Tennessee Homeowner Gets $19K Bill for Firefighter Services

Apr 8 2010 // A Knox County man whose house caught fire in January has received a $19,000 firefighting bill.WVLT-TV reported Chris Curl was flabberghasted at the charge, but Rural/Metro Fire Chief Jerry Harnish says such charges are...

Federal Judge in New Orleans Awards $2.6M in Chinese Drywall Case

Apr 8 2010 // A federal judge in New Orleans has awarded seven plaintiffs from Virginia more than $2.6 million in a consolidated case involving damage to the plaintiff’s homes as a result of the installation of substandard drywall...

P/C Insurers Can Handle Chinese Drywall Costs, Says Moody’s

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...

P/C Insurers Can Handle Chinese Drywall Costs, Says Moody’s

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...

Louisiana Citizens Insurance OKs 7% on Average Rate Hike

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,...

FEMA Nixes Aid for Florida Chinese Drywall Damage

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...

State Farm Sues Texas Department of Insurance Over Web Postings

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...

State Farm Files to Increase Homeowners Rates in Louisiana

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...

Kentucky Moves to Raise Mine Fund’s Home Insurance Limit

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...

Cirro Covers Texas Homes Against Water, Sewer Line Problems

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...

P/C Insurers Can Handle Chinese Drywall Costs, Says Moody’s

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...

Louisiana Bills Would Ban Insurance Cancellations from Drywall Claims

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...

21st Century Holding to Buy Florida’s HomeWise Insurance

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...

California Earthquake Authority Supports Federal Catastrophe Insurance Bill

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...

Louisiana’s Rep. Melancon: Chinese Drywall Poses a Fire Hazard

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...

Mobile Expects Homeowners Premium Hike After ISO Fire Downgrade

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...

Florida Fines Homeowners Choice Over Reinsurance Contract

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....