All the headlines from our Homeowners Topic Page, ordered by recency.
May 9 2005 // The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used...
May 9 2005 // Florida’s Chief Financial Officer Tom Gallagher on Monday said that the homeowners insurance legislation that passed late Friday contains numerous provisions that will benefit Florida’s...
May 5 2005 // The main benefit of using credit history to underwrite auto and homeowners insurance policies is that it allows insurers to charge lower risk consumers less for their coverage, according to the Property Casualty Insurers...
May 5 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Ohio-based American Modern Insurance Group (American Modern) and its property/casualty affiliates. A.M. Best has also affirmed the financial...
May 4 2005 // Legislation sponsored by the Association of California Insurance Companies (ACIC) to impose strong regulation of the use of credit information by homeowners insurers passed its first committee test today.The bill, AB 1454...
May 2 2005 // The Property Casualty Insurers Association of America launched an advertising campaign today in Florida warning lawmakers about misguided hurricane insurance bills that will raise rates, make insurance harder to find and...
Apr 29 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...
Apr 27 2005 // The Senate Banking, Finance and Insurance Committee this week will consider three bills that have one thing in common – provisions that ultimately will hurt consumers if enacted, according to Sam Sorich, president of...
Apr 27 2005 // The main benefit of using credit history to underwrite auto and homeowners insurance policies is that it allows insurers to charge lower risk consumers less for their coverage, according to the Property Casualty Insurers...
Apr 26 2005 // State Farm Insurance has announced that as of May 1 it will begin accepting applications from West Virginia homeowners and businesses for new insurance policies. The company is the largest property and casualty insurer in...
Apr 25 2005 // Heartland Marketing Group announced they are now quoting Lexington’s High Value Homeowners Product in house, allowing for rapid turnaround. Lexington targets homes over $100,000 in value ($200,000 in Texas) with a...
Apr 22 2005 // Widespread hurricanes have blown through several Florida cities during the past several days, and Hurricane Armando, a simulated hurricane, is expected to hit Tallahassee April 23.Florida American Red Cross and Emergency...
Apr 21 2005 // An insurance referral service to connect Alabama consumers with insurers has been suggested by the Hurricane Insurance Issues Task Force to assist homeowners in finding insurance along the state’s Gulf Coast,...
Apr 21 2005 // Rocklin, Calif.-based, Abram Interstate Insurance Services Inc. announces a new Preferred and Standard Homeowners and Dwelling Fire market with Travelers Insurance Company. The addition of this new market, A.M. Best...
Apr 20 2005 // With three weeks remaining before the end of the 2005 sessions of the Florida Legislature, it appears that only a few insurance-related proposals have made it through the process of elimination. Remaining proposals...
Apr 20 2005 // Calling insurers “dead wrong” for canceling or non-renewing homeowners who file a legitimate insurance claim, California Insurance Commissioner John Garamendi announced new regulations to protect homeowners...
Apr 19 2005 // April 18 was the deadline for insurers to finish processing and paying off 1.69 million hurricane damage claims across Florida, but they still have nine days to go before they have to tell the state how many claims remain...
Apr 18 2005 // Insurance, Recovery Services and Preventive MeasuresOne in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to the 2005 Identity...
Apr 18 2005 // Details of negotiations between West Virginia insurance companies, Gov. Joe Manchin and Brian Kastick were released after a court decision requiring e-mails sent on Feb. 22 and 23 to be revealed to the public. Also, after...
Apr 18 2005 // Of all the appliances found in the home, the water heater and washing machine are the most likely to cause serious damage and leave homeowners financially high and dry.According to a nationwide analysis by Safeco...