All the headlines from our Homeowners Topic Page, ordered by recency.
Sep 11 2003 // The Texas Department of Insurance (TDI) completed its second and final round of reviews of Texas homeowners’ insurance company rates, in which 29 companies were reviewed and 5 insurers were ordered to reduce rates...
Sep 10 2003 // Rapidly rising construction costs prices, home remodeling and increasingly expensive natural disasters are expected to push the cost of homeowners insurance up by 8 percent in 2004, according to a report by the Insurance...
Sep 8 2003 // Eleven of the state’s largest homeowners carriers have filed appeals with the Texas Department of Insurance, requesting hearings on recent state-ordered rate cuts. On Aug. 8, 2003, Texas Insurance Commissioner José...
Aug 27 2003 // The Institute for Business & Home Safety (IBHS) is making access to disaster protection information easier with the next generation of its Web site, www.disastersafety.org.The latest enhancements to the IBHS Web site...
Aug 26 2003 // Three insurance trade associations announced that a Sacramento Superior Court sustained their challenge to the legality of a homeowners insurance Emergency Regulation issued by the California Department of Insurance (CDI)...
Aug 22 2003 // First Floridian Auto and Home Insurance announced it has begun offering a homeowners insurance discount of up to 10 percent on new homes in the state built to “Fortified …for safer living” standards....
Aug 22 2003 // Length: 10 min 36 sec Lo | Hi California Insurance Commissioner John Garamendi reiterated that homeowners are in crisis during a press conference in San Diego Aug. 21, announcing new additions to his “Homeowners Bill...
Aug 21 2003 // The cost of household water damage in South Carolina continues to grow at an alarming rate, according to the South Carolina Insurance News Service (SCINS). The group said that in 2002 water claims cost the insurance...
Aug 18 2003 // It seems there’s never a dull moment in the Texas homeowners market. Insuring homes has always been a gamble here, what with the state’s notorious propensity for attracting wild weather. But since the Ballard...
Aug 18 2003 // On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save...
Aug 12 2003 // Insurance Commissioner Carroll Fisher announced that the Oklahoma Market Assistance Program, which helps Oklahomans purchase homeowners insurance, is under new management. The move came after the program’s long-time...
Aug 11 2003 // On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save...
Aug 6 2003 // California-based Abram Interstate has a new homeowners progam available. The program includes: Nuts & Bolts: Abram Interstate, Inc., announced a new Homeowner program. Dollars: Values start at $300,000 and up to $5...
Aug 4 2003 // California Senate Bill 691 failed to pass the state Assembly Insurance Committee recently, legislation that would have reportedly banned the use of credit-based insurance scores for underwriting and rating homeowners...
Aug 4 2003 // Nuts & Bolts: Abram Interstate Inc., announced a new Homeowner program.Dollars: Values start at $300,000 & up to $5M. PC 1-10,Brush,w/ 150 ft of clearance,slope to 35%,150% Extended Replacement Cost,up $1M...
Aug 1 2003 // August ushers in the peak of hurricane season, so the Alabama Department of Insurance is asking Alabama homeowners to check their insurance policies in regards to hurricanes—particularly in the area of deductibles.In the...
Jul 28 2003 // Profitable performance of its Auto and Group stop-loss medical insurance lines drove Safeco’s second-quarter results as the company reported net income of $111.9 million, or $0.81 per diluted share. This compares...
Jul 28 2003 // The California Office of Administrative Law (OAL) last week approved the insurance department’s emergency regulation on homeowners insurance underwriting and rating. The regulation restricts insurers’...
Jul 25 2003 // An earlier Insurance Journal story incorrectly reported that Farmers Insurance Group was reducing homeowners rates in Kansas, when in actuality it was lowering auto rates.The story was based on an erroneous statement...
Jul 25 2003 // The Independent Insurance Agents & Brokers of America (IIABA) is applauding approval of flood insurance reform legislation by a House committee that will reportedly extend the program for five years and institute...