Latest Homeowners Headlines

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

Water Losses Flood Calif. Homeowners’ Market, Study Says

Jul 17 2003 // The cost of household water damage in California continues to grow at an alarming rate, while the volume of insurance claims being filed for water damage is climbing modestly, a new study has found.Remediation and...

SB 64 Poses Threat to Calif. Homeowners Market, Says AIA

Jul 10 2003 // A proposed bill severely restricting insurers’ ability to manage exposure and calculate risk would give homeowners insurers no option but to limit writing new coverage in California, the American Insurance...

SB 691 Fails in Calif. Assembly Ins. Committee, ACIC Pleased

Jul 10 2003 // California Senate Bill 691 failed to pass the state Assembly Insurance Committee July 9, legislation that would have banned the use of credit-based insurance scores for underwriting and rating homeowners insurance....

Minn. Federation Offers Tree Removal Tips

Jul 7 2003 // As the summer storm season marches on, Minnesotans continue to deal with the damage that goes along with severe weather. The Insurance Federation of Minnesota is urging homeowners to take caution regarding tree removal...

High Value Homeowners

Jul 7 2003 // Nuts & Bolts: Arrowhead General Insurance Agency is offering a high value homeowners program. Endorsements—Scheduled valuable possession—unlimited appetite and capacity, blanket coverage is available. Also...

STATE FARM HOMEOWNER RATES INCREASE IN NEV:

Jun 23 2003 // Nevada Insurance Commissioner Alice Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...

Inside the Contractors Market

Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone.A restrictive market, high minimum premiums and tighter...

Inside the Contractors Market

Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone.A restrictive market, high minimum premiums and tighter...

Homeowners

Jun 23 2003 // Nuts & Bolts: Heartland Marketing Group Inc., a provider of standard markets to independent agents, announced a new Surplus Lines Homeowner Product for Texas, Oklahoma, Arkansas, Kansas and Missouri. The product will...

NAII: La., Texas Lighten Regulatory Load

Jun 20 2003 // Louisiana and Texas legislators opted to overhaul their insurance regulatory systems this year with competition-based solutions that should help to address the insurance availability and affordability crises that have...

State Farm Resumes Writing New Policies in Ark.

Jun 17 2003 // Arkansas Insurance Commissioner Mike Pickens announced that State Farm Fire and Casualty Insurance Company would immediately resume writing new homeowner’s policies in the State of Arkansas.The company returns to the...

Farmers Files for Lower Rates for Nevada Homeowners

Jun 17 2003 // Farmers Insurance Group announced it has filed for a rate reduction with the Nevada Department of Insurance on all homeowners business in the state of Nevada. If approved by the department, beginning with September 16th...

Gov. Perry Signs Reform Legislation

Jun 11 2003 // Texas Gov. Rick Perry signed Senate Bill 14, the recently passed insurance reform legislation, during a signing ceremony at a construction site in Temple. According to a statement released by the governor’s office,...

Garamendi Responds to Trade Assoc.’s Lawsuit on Homeowners Advisory Notice

Jun 9 2003 // California Insurance Commissioner John Garamendi released the following statement in response to the lawsuit filed June 4 by the Personal Insurance Federation of California; the Association of California Insurance...

IIABA SURVEY REPORTS NEARLY 2.5 MILLION HOUSEHOLDS LOST HOMEOWNERS COVERAGE PAST TWO YEARS:

Jun 9 2003 // A new independent consumer survey conducted for the Independent Insurance Agents & Brokers of America (IIABA) confirms that non-renewals and premium increases are becoming more common in the current homeowners...

Texas Regulation Bill Passes in Last Hours of Session

Jun 9 2003 // In the waning hours of the 78th Legislature Texas lawmakers passed Senate Bill 14, the long-awaited insurance reform bill, giving additional power to the Insurance Commissioner to control residential and automobile...

PIFC, ACIC, AIA File Lawsuit Challenging CDI’s Homeowners’ Advisory Notice

Jun 5 2003 // Three insurance trade associations filed a lawsuit June 4 in Sacramento Superior Court challenging the legality of an “Advisory Notice” issued by the California Department of Insurance (CDI) on April 24, 2003...

Heartland Unveils Homeowners Product for Texas, Nearby States

Jun 3 2003 // Heartland Marketing Group Inc., a provider of standard markets to independent agents, announced that a new Surplus Lines Homeowner Product will soon be available in Texas, Oklahoma, Arkansas, Kansas and Missouri. Heartland...

State Farm Homeowner Rates Increase in Nev.

Jun 2 2003 // State Insurance Commissioner Alice A. Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...

Mold Claims Hit $4 Billion in Texas

May 27 2003 // Texas insurance companies have paid out just under $4 billion for mold claims in the past three years. According to the Insurance Council of Texas, an insurance trade association, mold claims have represented a larger...