Latest Homeowners Headlines

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

High Value Homeowners

Nov 22 2004 // Nuts & Bolts: Abram Interstate Ins. Services Inc. is offering a new high valued homeowners policy. Extended replacement cost and replacement cost contents are automatically included. They offer flexible underwriting...

Six N.C. Homeowners Dispute Denial of Hurricane Ivan Damage Claims

Nov 19 2004 // Six residents in Peeks Creek, N.C. where four people died in a Hurricane Ivan-triggered landslide have hired lawyers to represent them after being denied insurance claims.Fifteen houses were damaged or destroyed in Peeks...

AIG Private Client Group Unveils Flood Coverage for Homeowner Policies in Several States

Nov 15 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible...

Association Not Likely to Push for Liability Cap for Nursing Homes in Ark.

Nov 14 2004 // No effort is planned in the upcoming Arkansas legislative session to gain approval for a measure that would limit damages that could be awarded in suits against nursing homes, a top industry official says.A measure to cap...

Perry Says Texas Lawmakers Will Deal With Insurers Dodging Rollbacks

Nov 14 2004 // Texas Gov. Rick Perry recently sent a message to State Farm and Farmers insurance companies, who have successfully fought state-ordered rate rollbacks for homeowners policies.“I’m not happy at all when...

Allstate Holding Off On New Homeowner Policies in Florida

Nov 11 2004 // Allstate Corp., the largest property casualty insurer in Florida, has announced it will cease writing new homeowners’ policies in Florida until the state Legislature meets in December and decides what to do about...

State Farm, Farmers Win a Round in Texas as Judge Strikes Down Mandated Rollbacks

Nov 9 2004 // A state district judge in Texas overturned mandated rate rollbacks in homeowners insurance for State Farm and Farmers insurance companies, but the Texas Department of Insurance is reportedly not ready to give up the...

Legislative watchdogs put a fresh spin on traditional lobbying techniques

Nov 8 2004 // Lobbying has been around for as long as any single profession has been around, but it has changed. It isn’t what it used to be,” said John Norwood, managing partner of Norwood & Mattoch, one of...

Underinsured Homeowner Problem Revisited on Anniversary of Calif. Wildfires

Nov 8 2004 // Replacement cost, policy limits, and non-renewal of policies were the source of a heated debate in a day-long hearing investigating underinsured homeowners affected by last year’s wildfires.California Insurance...

Chubb Enhances Texas Platinum Homeowners Program

Nov 3 2004 // The Chubb Group of Insurance Companies reported it enhanced its Platinum homeowners insurance program by offering more deductible options, new superior home protection credits and additional coverage.“Chubb is...

State Farm Easing Miss. Homeowner’s Growth Restrictions as Part of Commitment to Magnolia State

Nov 2 2004 // Mississippi’s largest insurer, State Farm, is easing its homeowner’s growth restrictions in the state. According to Commissioner of Insurance George Dale, this announcement demonstrates the company’s...

Fla. Gov. Bush Reveals More Reimbursement Details

Oct 27 2004 // After Hurricane Frances ripped open the roof of Lisa and Glenn Perrone’s St. Lucie County home, an insurance adjuster told the Perrones they were on the hook for an $8,315 deductible.And after Hurricane Jeanne dumped...

Aon Re’s 3rd Annual Study: Improvement in Homeowners Prospective ROE Keeps Up

Oct 27 2004 // Aon Corp. (www.aon.com) announced Wednesday the results of Aon Re’s third annual study of return on capital in the United States homeowners insurance marketplace.The results of the study reportedly reveal continuing...

Fireman’s Fund Reports Single Deductible for Fla. Claims

Oct 26 2004 // The rapid succession of Hurricanes Charley, Frances, Ivan and Jeanne has reportedly prompted Fireman’s Fund Insurance Co. to allow its homeowners policyholders to treat property damage from the four storms as one...

Calif. Commissioner Stresses Importance of Home Inventory to Lessen Financial Strain in Wake of Disaster

Oct 26 2004 // Standing in a Pasadena resident’s home on the one-year anniversary of the 2003 Southern California Firestorms, Commissioner John Garamendi on Tuesday warned all California homeowners to conduct a home inventory as...

ALLSTATE STOPS WRITING SOME FLORIDA HOMEOWNER’S INSURANCE:

Oct 25 2004 // Allstate, Florida’s third-largest homeowner’s insurance company has stopped writing new policies in some sections of the state. More than 35,000 insurance adjusters traveled to the state after the onslaught of...

Nonadmitted Markets Open Options for Homeowners

Oct 25 2004 // Even before Charley and Frances, insurers were fleeing the homeowners market for high-risk properties at an alarming pace. Over the last several years, large catastrophe and mold losses have caused insurers to dramatically...

GARAMENDI EASES ACCESS TO FAIR PLAN:

Oct 25 2004 // In response to rising difficulty consumers now face in securing homeowners insurance following last year’s firestorms, California Insurance Commissioner John Garamendi announced that he has eased eligibility...

N.C. Commissioner Discusses Good, Bad Side to Insurance Questions

Oct 23 2004 // North Carolina Insurance Commissioner Jim Long showed Friday just how high he would go to get re-elected.He climbed to the top of the New Bern Fire and Rescue Department’s 40-foot training tower during a campaign...

Calif. Commissioner Grills Insurers on Underinsured Homeowner Problem

Oct 22 2004 // Replacement cost, policy limits, and non-renewal of policies were the source of a heated debate in a day-long hearing investigating underinsured homeowners affected by last year’s wildfires.California Insurance...