Latest Homeowners Headlines

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

Study: Buyers of Home, Auto Insurance Say They’re Happy with Insurers

Aug 25 2009 // Most consumers of auto and homeowners insurance seem to be happy with their insurers, says a new indsutry study.A new public opinion study by the Insurance Research Council (IRC) reported that 91 percent of respondents...

Court: Homeowner’s Policy Won’t Pay Damages for Overdose Death

Aug 24 2009 // A homeowner’s policy will not pay damages to the mother of a teenager who died after overdosing on painkillers he stole from the man with whom he and his mother lived, a panel of justices from the Massachusetts...

ACORD to Reintroduce Homeowners Insurance Application Form, ACORD 80

Aug 19 2009 // The insurance industry standards organization ACORD says it will reintroduce its monoline homeowner application form (ACORD 80) this October.The form was withdrawn from the ACORD Forms Library in October 2008 and replaced...

Watercraft Rentals: It’s Good to Know What’s Covered and What’s Not

Aug 17 2009 // It’s summer, do you know where your homeowners insurance customers are? Perhaps they’re out on a lake somewhere, playing on rented jet skis or blowing with a gentle wind in a borrowed sailboat. Do they know...

USAA to Lower Homeowners Rates for Most Policyholders in Texas

Aug 14 2009 // San Antonio, Texas-based USAA has announced it has filed a plan with the Texas Department of Insurance to reduce its homeowners insurance rates in the state by an average of 6 percent.The reduction will equate to an...

North Carolina Beach Plan Reforms Attract AAA Home Insurer

Aug 14 2009 // North Carolina Insurance Commissioner Wayne Goodwin said today, just one week after the General Assembly passed reforms to the state’s coastal insurance plan, that the insurance company for AAA Carolinas will begin...

Insurance for Homes Near Hawaii Volcano Costly, If It’s Available

Aug 13 2009 // Living in Hawaii on the slope of one of the most active volcanos in the world can be expensive when it comes to homeowners insurance.Wendy Ford is losing her policy this month because her insurer, Liberty Mutual Fire...

Florida Insurance Agents Say State’s Home Mitigation Effort Is Failing

Aug 13 2009 // Florida’s efforts to encourage homeowners to harden their homes to better withstand big storms by giving them insurance premium discounts is not getting the job done, according to a report from insurance agents in...

Taking On Citizens’ Policies Fuels Growth at Florida’s Homeowners Choice

Aug 12 2009 // Florida insurer Homeowners Choice, Inc. reported that its net premiums nearly doubled to $19.6 million and its profit rose seven percent to $3 million in the second quarter, thanks in great part to its taking on policies...

Ohio Personal Lines Premiums Remain Lower than U.S. Average

Aug 5 2009 // The Ohio Insurance Institute (OII) recently reported that premiums for homeowners and auto insurance in that state remain lower than the U.S. average. On its Web site, www.ohioinsurance.org, the OII released the following...

Consumer Reports: 73% Happy with Their Home Insurance Company

Aug 4 2009 // A new Consumer Reports’ survey of homeowner insurance customers found some good news, especially for people with decent credit and claims history. Lots of consumers are finding lower prices. More than half (53...

Most Flooded St. Bernard Parish, New Orleans Homes Rebuilt

Aug 3 2009 // Through its annual curbside survey conducted in July, the University of New Orleans Geography Department has found that 61 percent of the homes in the Hurricane Katrina-flooded neighborhoods of New Orleans and in St....

As Homeowners Unable to Sell Become Landlords, Insurance Needs Change

Aug 3 2009 // As more homeowners are having trouble selling their homes in today’s real estate market, some are thinking about becoming landlords.A growing number of homeowners who need to relocate for a job or other reason are...

New Homeowners Earthquake Rating Plan Available

Aug 3 2009 // Wheaton, Ill.-based American Association of Insurance Services (AAIS) has developed a new rating plan for adding earthquake coverage to policies based on standardized forms, manual rules, and rating information provided...

Three Homeowners’ Policy Gaps That Sell

Aug 3 2009 // Skillful introduction and explanation of the following three “common” coverage gaps will likely result in the addition of a new homeowners’ client. Further, each of the three listed gaps is easily closed...

Louisiana’s Jefferson Parish Gets $7.2M to Raise Homes

Jul 30 2009 // Louisiana’s Jefferson Parish now has $7.2 million with which to raise 40 homes out of the danger of floods. The money was awarded to the parish by the Federal Emergency Management Agency and the Louisiana Recovery...

Ohio Auto and Homeowners Insurance Rates Increased in 2008

Jul 28 2009 // Ohio Department of Insurance Director Mary Jo Hudson announced that the average rates for the state’s top 10 private passenger auto insurers increased 0.8 percent in 2008. The average rates for the state’s top...

Challenges to Anti-Concurrent Cause Clauses Linger in Katrina Lawsuits

Jul 27 2009 // Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost four years after the fact, those courts...

St. Johns Enters South Carolina Homeowners Insurance Market

Jul 27 2009 // St. Johns Insurance Co., a Florida domiciled property and casualty insurer, has expanded its presence into the South Carolina homeowner insurance market. Insuring more than 200,000 policyholders in Florida, St. Johns...

Further Challenges to Anti-Concurrent Cause Clauses

Jul 20 2009 // Hurricane Katrina brought the question of the validity and applicability of ACCs to the forefront.Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state...