All the headlines from our Homeowners Topic Page, ordered by recency.
Jul 2 2008 // New York Governor David Paterson has signed into law industry-sought legislation that brings back flex rating for auto insurance and makes permanent New York’s homeowners insurer of last resort.The flex-rating...
Jul 1 2008 // The Mississippi Supreme Court refused to hear an appeal of the embezzlement convictions of the former owners of Salts Funeral Home in Booneville, Miss. A Lee County jury in 2005 convicted Michael I. Salts and Alice Marie...
Jul 1 2008 // Experts believe that many of Iowa’s flood-damaged homes could be repaired , if their owners can find the cash.Record flooding this month ravaged thousands of Iowa homes, leaving behind mud and debris. Most of the...
Jun 27 2008 // Fireman’s Fund is lowering its premiums by 17.9 percent for California homeowners, following an order issued by California Insurance Commissioner Steve Poizner . The savings, which are estimated to amount to $35.1...
Jun 27 2008 // One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid...
Jun 26 2008 // A ruling by a federal judge in New Orleans has cleared the way for thousands of Louisiana Road Home applicants to settle claims against their insurance companies, a lawyer for hundreds of homeowners said.An order issued...
Jun 25 2008 // According to Risk Management Solutions as many as one in four homes in the UK is at risk of flooding caused by excessive rainfall and overflowing rivers. RMS conducted a “spatial analysis of British properties...
Jun 25 2008 // Regional carriers rate better in underwriting experience, relationships and stability as well as in customer service and agency relations than their national competitors in the view of independent agents. Regional insurers...
Jun 25 2008 // San Diego-based ICW Group, a group of insurers, announced a new program homeowner’s associations and multi-family condos that provides expanded coverage for buildings of wood frame construction built after 1975. The...
Jun 25 2008 // Man’s best friend is sinking its teeth into homeowners insurance costs. Dog bites now account for one-third of all homeowners insurance liability claims, costing $356.2 million in 2007, up 10.5 percent from the...
Jun 24 2008 // More than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 by June 2009.The...
Jun 24 2008 // Insurance companies providing coverage in Louisiana should be allowed to adjust their “named storm” deductibles on homeowner policies depending on properties’ distance from the Gulf of Mexico, according...
Jun 23 2008 // Owners of nearly 90 percent of the structures destroyed in last month’s wildfire in the Santa Cruz Mountains did not properly clear flammable brush from the property, state fire officials say.California law requires...
Jun 23 2008 // U.S. nursing homes are pushing against an effort in Congress to invalidate arbitration clauses in admissions contracts, a change that would make it easier for residents to sue for shoddy care or wrongdoing.A spokeswoman...
Jun 20 2008 // Insurer Allstate Corp said it has dropped its bid to fight a reduction on auto policy rates imposed earlier this year by California’s insurance regulator.An Allstate spokesman, in an e-mailed statement, said the...
Jun 19 2008 // An Irmo, S.C. woman pleaded guilty but mentally ill to charges of setting a series of fires that destroyed four homes and damaged several others.Kimberly Wooten entered the pleas June 16 and will be sentenced July 21....
Jun 16 2008 // State media reported that 55 people have been killed and seven are missing in flooding across a broad stretch of southern China. A Sunday, June 15, report by the official Xinhua News Agency says more than 1 million people...
Jun 16 2008 // Recent flooding that swamped parts of the Midwest, including Indiana, Wisconsin and Iowa, caught many property owners unprotected. Only 1 percent of all Indiana homeowners have flood insurance. Wisconsin reports even less...
Jun 16 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Berkshire Hathaway Homestate Companies and its six P/C group...
Jun 16 2008 // Consumers need a better understanding of insurance issues specific to their unique situations.Special relationships deserve protection, too. That’s the assessment of the National Association of Insurance...