All the headlines from our Homeowners Topic Page, ordered by recency.
Jul 17 2006 // The agent at the center of a landmark hurricane insurance case on Friday denied telling a policyholder that he didn’t need flood insurance years before Nationwide Mutual Insurance Co. denied much of his claim...
Jul 17 2006 // Louisiana’s program to help storm-damaged homeowners rebuild or relocate may take over insurance claims and sue for additional insurance payments on behalf of recipients, a top official with the Louisiana Recovery...
Jul 12 2006 // Hurricane Katrina left thousands of Gulf Coast homeowners battling their insurance companies. A Mississippi police officer and his wife are the first to take their fight to court.A federal judge on Monday began hearing a...
Jul 11 2006 // Without a real, comprehensive and workable plan, accumulating financial stress could destroy the viability of the Florida’s insurance market and leave millions of Floridians without affordable and reliable insurance...
Jul 11 2006 // Just over a month after he asked insurance companies in his state to voluntarily do so, Louisiana Commissioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana...
Jul 10 2006 // Louisiana homeowners hoping for relief from insurance bills that were boosted by the hurricanes received little help from lawmakers.Legislators lamented, complained and worried about rising insurance costs that could...
Jul 10 2006 // Three new homeowners package endorsements, collectively called the Homeowners Elite Program, have been implemented by The Main Street America Group in Jacksonville, Fla. The program consists of platinum, gold and silver...
Jul 9 2006 // Last summer when the Massachusetts Fair Plan, the state’s involuntary homeowners insurance market, looked into purchasing reinsurance, the premium was about $17.5 million. The plan did not purchase the reinsurance...
Jul 7 2006 // The New York State Legislature once again missed an opportunity to help calm a growing homeowners insurance crisis in the downstate region, according to the state’s insurance agents.With insurance companies such as...
Jul 7 2006 // Insured homeowners in Eastern and Southern Coastal Texas have, on average, taken roughly 50 percent of the steps to prepare their homes and property to recover from a major hurricane, according to a new Hurricane Readiness...
Jul 6 2006 // Nationwide Insurance Company of Florida has filed with the Florida Office of Insurance Regulation for a statewide average increase in homeowner’s insurance rates of 71 percent. The Office of Insurance has 90 days to...
Jul 6 2006 // Two Mississippi lawmakers are proposing a stream of money, generated by taking a portion of the growth in the state’s gambling revenue, to hold down homeowner insurance rates on the hurricane-ravaged Gulf...
Jul 3 2006 // In The Perfect Storm, the book that inspired the movie of the same name, author Sebastian Junger defined “the perfect storm” as a tempest that may happen only once in a century, a storm created by so rare a...
Jun 30 2006 // California Insurance Commissioner John Garamendi has announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford’s filing for a decrease contrasts...
Jun 29 2006 // Mississippi has increased by 35 percent insurance values used in calculating homeowner grant amounts to compensate for higher post-Katrina construction costs.Scott Hamilton, spokesman for the Mississippi Development...
Jun 22 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, reports that the increase in extreme weather events has long-term financial implications for consumers and their communities, according to...
Jun 19 2006 // The prospect of another nasty hurricane season has everyone in the insurance industry braced for a white-knuckle ride. The spectre of a hurricane hitting a major Northeast population center is hardly the stuff of Hollywood...
Jun 19 2006 // CurrentFlorida Financial DPW 2005 StabilityDesignation Company Name in 000s RatingFL Specialty Encompass Floridian Indemnity Co. $4,437 AFL Specialty Encompass Floridian Insurance Co. $16,059 AFL Specialty Nationwide...
Jun 19 2006 // At the outset of 2006, the 21 Florida-domiciled insurers rated A or better by Demotech Inc., had an 18 percent share of the voluntary market. Their total 2005 writings were $977 million. Over a dozen have begun writing...
Jun 19 2006 // Taking responsibility for levee failure‘This is the first time that the Corps has had to stand up and say, `We’ve had a catastrophic failure.’ … Words alone will not restore trust in the...