All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Mar 11 2010 // With the prospects for a controversial rate deregulation bill dimmed by Gov. Charlie Crist’s threat of a veto, the insurance industry is betting on a new wide-ranging insurance proposal to bring some reform to...
Mar 11 2010 // Three powerful tornadoes touched down in Arkansas on March 10, damaging homes and injuring at least four people, Risk Management Solutions (RMS) has reported.According to National Weather Service, the first of the three...
Mar 10 2010 // Two House subcommittees have scheduled a joint hearing today on ways to address homeowners insurance costs in disaster-prone communities, an issue that has some environmentalists, taxpayer groups and insurers standing...
Mar 10 2010 // Homeowners Choice Inc., a Florida-based homeowners’ insurer, reported a profitable fourth quarter and year 2009.Net income for the fourth quarter of 2009 was $807,000, compared to net income of $5.1 million for the...
Mar 8 2010 // The California Department of Insurance is considering proposing new regulations governing standards and training for estimating replacement value on homeowners’ insurance. Among the ideas that was floated at a recent...
Mar 7 2010 // The coastal home insurance market continues to tighten. State Farm is only writing a new homeowners policy in Mississippi if another is dropped and Allstate has stopped writing mobile homes on the South Carolina coast....
Mar 7 2010 // Although heavy personal lines accounts are generally more favorable from an errors and omissions (E&O) standpoint, there is no doubt the potential for some significant claim activity — both in frequency and severity...
Mar 5 2010 // A Florida House committee wants to extinguish a proposed rule that would require fire sprinklers in many newly constructed homes. The House Governmental Affairs Policy Committee voted unanimously Wednesday for a bill that...
Mar 3 2010 // Why was he death toll over 200,000 when an earthquake struck Haiti, while so far less than 1000 people have died from the one that struck Chile, which was approximately 500 times more powerful? One of the answers lies in...
Mar 3 2010 // State Insurance Commissioner Mike Chaney says Safeco Insurance plans to offer homeowners insurance, including wind coverage, in south Mississippi.Chaney says the company will offer 500 to 1,000 homeowner policies wind...
Mar 2 2010 // Foremost Insurance Group has expanded its dwelling fire program in Minnesota as of March 1, 2010. Foremost will target standard and preferred landlord and rental property customers with new, larger discounts and an overall...
Mar 2 2010 // A South Carolina program for coastal homeowners who have taken steps to shield their homes against hurricane winds has awarded more than 1,000 grants in two years.Scott Richardson, director of the South Carolina Department...
Feb 26 2010 // State Farm gave consumers one part of its policy change when it announced eight months ago it would resume issuing insurance policies in Mississippi.What the company didn’t say is it is writing policies on a...
Feb 25 2010 // Home Emergency Insurance Solutions will provide its Water Service Line Protection program directly to select area homeowners in Washington. The plan provides homeowners with emergency solutions for unexpected repairs to...