Latest Homeowners Headlines

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

Mass. AG Reilly Opposes FAIR Plan’s 12% Rate Hike

Sep 10 2006 // Massachusetts Attorney General Tom Reilly has decided to appeal Insurance Commissioner Julianne Bowler’s order allowing the state’s insurer of last resort — the FAIR Plan — to raise home insurance premiums...

Conn. Officials, Insurer Agree to 90-Day Moratorium on Shutter Rule

Sep 8 2006 // Connecticut Insurance Commissioner Susan F. Cogswell announced that Andover Insurance Company has agreed to suspend for 90 days the implementation of a department decision allowing the company to cancel the policies of...

Flooded Pa. Homeowners Blame Spillover from N.Y. City Reservoirs

Sep 7 2006 // New York City’s thirst for drinking water is clashing with Anthony Harlacher’s desire not to be flooded.Harlacher, who has endured three major floods in two years, is spending tens of thousands of dollars to...

Shutter Diplomacy: Conn. Regulator Plans Coastal Insurance Forum

Sep 7 2006 // Connecticut Insurance Commissioner Susan Cogswell plans a public forum on Sept. 21 to air concerns over availability of property insurance in the state’s coastal areas.The forum is being called following reports of...

State Farm Files for Double-Digit Homeowners Rate Decrease

Sep 6 2006 // California’s largest homeowners insurance company has requested at 10.6 percent reduction in homeowners’ insurance rates for its 1.2 million policyholders in California, according to the Department of...

A year later, insurers report 95% of Katrina claims settled in La. and Miss.

Sep 4 2006 // One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...

Hurricane Katrina, a year later, another perspective

Sep 4 2006 // The Midwest is not affected by hurricanes or hurricane seasons because obviously our only coastal regions involve the Great Lakes, not oceans. The central region of this country does have its own natural disasters in the...

One year later, insurers report 95 percent of Katrina claims in La. and Miss. settled

Sep 4 2006 // One year after Hurricane Katrina, the insurance in-dustry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...

One year later, insurers report 95 percent of Katrina claims in La. and Miss. settled

Sep 4 2006 // One year after Hurricane Katrina, the insurance in-dustry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...

Premium hearings

Sep 4 2006 // The Florida Office of Insurance Regulation recently held public hearings on insurance rate increases submitted by First Home Insurance Company (73.4% homeowners; 43.8% dwelling/fire), Metropolitan Casualty Insurance...

Editor’s Note: A long way to go

Sep 4 2006 // While significant problems persist-severe damage to public infrastructure and reduced populations continue to present challenges-the billions of dollars in claims paid to date are helping fuel an increase in residential...

Figures

Sep 4 2006 // 95The percent of homeowners insurance claims that have been settled in Louisiana and Mississippi one year after Hurricane Katrina, according to the Insurance Information Institute. The I.I.I. estimates that more than...

Hurricanes Katrina and Rita spawn legislation, bulletins in Miss. and La.

Sep 4 2006 // Hurricanes Katrina and Rita exposed many misconceptions and misunderstandings that consumers had, or claimed to have had, with respect to their insurance coverage for hurricane related damage. The aftermath of these two...

First post-Katrina court decision a victory for insurers

Sep 4 2006 // On Aug. 15, 2006, a decision was handed down in the first post-Katrina insurance lawsuit to go to trial. Because there are thousands of lawsuits raising the same claims with millions, if not billions, of dollars at stake,...

Editor’s Note: Hurricane Katrina, a year later, another perspective

Sep 4 2006 // The Midwest is not affected by hurricanes or hurricane seasons because obviously our only coastal regions involve the Great Lakes, not oceans. The central region of this country does have its own natural disasters in the...

La. Officials Hope to Create ‘Medical Homes’ for Poor, Uninsured

Sep 1 2006 // A proposed health care overhaul in the New Orleans area after Hurricane Katrina centers on the creation of “medical homes” – community clinics, health centers and other neighborhood facilities to...

Texas Supreme Court Upholds Mold Exclusion in Homeowners Policy

Sep 1 2006 // Asked by the United States Court of Appeals for the Fifth Circuit to clarify whether a homeowners insurance policy that contains language excluding mold provides coverage for mold contamination caused by water damage that...

Fla. Gubernatorial Hopefuls Focus on Rising Insurance Costs

Aug 31 2006 // Gerlinde Thomas doesn’t often get deeply involved in politics, and during a recent interview she wasn’t even 100 percent sure what party she’s in.“I think I’m a registered Democrat,”...

La.’s Road Home Forced to Shut Down Online Applications

Aug 31 2006 // A Louisiana state agency doling out $7.5 billion in federal housing aid to hurricane victims shut down its online application system after it discovered personal information was inadvertently being shared with others.The...

40 Miss. Katrina Victims Receive Grants to Begin Rebuilding Homes

Aug 29 2006 // A year after Hurricane Katrina struck the Gulf Coast, Mississippi has begun to distribute grant checks to homeowners to help them rebuild property that was damaged by the huge storm.As of Monday, the state had paid out 40...