Latest Homeowners Headlines

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

Nursing Homes

Sep 16 2002 // Nuts & Bolts: The Managed Insurance Programs Division of Arrowhead General Insurance Agency has launched a new nursing home insurance and risk management program, “Silver Lining.” Dollars: The Division...

Texas Approves ISO Homeowners 200 Program

Sep 16 2002 // The Texas Department of Insurance (TDI) has cleared the way for insurers to provide policyholders expanded coverage options under Insurance Services Office, Inc.’s (ISO) Homeowners 2000 program.With Texas on board,...

Privacy, Auto Repair Shop Bills Fail in Calif. 2002 Legislative Session

Sep 10 2002 // California’s 2002 legislative session came to a close recently without passage of bills aiming to restrict insurers’ use of personal financial information and investments in auto repair shops. Both measures...

Texas Commissioner to Limit Denials for Homeowners Coverage

Sep 6 2002 // Insurance Commissioner Jose Montemayor revealed his intention to issue a rule preventing insurance companies from using past water damage claims as the sole basis for denying homeowners insurance in Texas. Montemayor made...

Quotesmith.com Unveils Homeowners Ins. Comparison Service for Calif. Residents

Sep 6 2002 // Quotesmith.com announced the launch of a brand new homeowner insurance price comparison service for residents of California. The California debut includes an initial lineup of six leading insurers that are now immediately...

Battle Over Financial Privacy Dominates Final Days of Calif. Legislative Session

Sep 5 2002 // For the second year in a row, the California Assembly defeated a measure to restrict the information flow within financial services companies, said the American Insurance Association (AIA).Privacy “Once again,...

EIGHT INSURERS EXPOSED TO WESTERN FIRE RISKS

Sep 2 2002 // In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc. At year-end 2001, eight...

Farmers to Stop Selling New Homeowners

Sep 2 2002 // Farmers Insurance Company’s troubles in Texas mounted with an August 13 emergency cease and desist order issued against Farmers by the Texas Department of Insurance in an effort to “stop unfair pricing...

TDI Updates Homeowner’s Rate Guide

Aug 30 2002 // The Texas Department of Insurance recently updated its Homeowners Insurance Rate Guide. It can be found on TDI’s Web site at www.tdi.state.tx.us.The guide compares compare rates among companies that sell homeowners...

Texas AG Freezes Assets of Mold Clean-up Company

Aug 29 2002 // Texas Attorney General John Cornyn filed suit in Houston against Mold Restoration Inc., a mold remediation company, to stop alleged practices that have left many homeowners with unfinished restoration work meant to correct...

Farmers to Stop Selling New Homeowners Policies in Texas

Aug 23 2002 // Farmers Insurance Company has directed its agents to discontinue selling new homeowners policies in Texas beginning Oct. 31. The company will also stop offering replacement policies, existing policies that are not renewed...

Groups Urge Regulatory Constraint at Fla. Mold Hearings

Aug 21 2002 // Both the American Insurance Association (AIA) and the Alliance of American Insurers urged Florida policyholders, insurers, and regulators to take a rational approach to mold issues at a recent hearing held by the...

New La. Auto, Homeowners Rate Comparison Guides Available

Aug 20 2002 // Louisiana Acting Commissioner of Insurance J. Robert Wooley announced the compilation of new rate comparison guides for auto and homeowners insurance, which are available free of charge. “Both the auto and the...

Texas AG Files Suit Against Farmers

Aug 19 2002 // Texas Governor Rick Perry and Attorney General John Cornyn announced that his office filed suit against Farmers Group Inc., the state’s second largest homeowners insurer, Aug. 5 for allegedly charging unnecessarily...

Lobbying Groups Gear Up for Legislative Session

Aug 19 2002 // Even though the next Texas legislative session is still months away, lobbying organizations with ties to insurance are polishing their strategies for influencing state lawmakers. Last month, the Austin American Statesman...

Vacation Homes Not Always Vacation for Agents

Aug 19 2002 // Whether it’s an oceanfront home on the coast of Florida or a cottage situated high in the Colorado mountains there are a number of reasons your high net worth clients may wish to purchase a vacation home. Some view...

TDI Freezes Farmers’ Homeowners Rates

Aug 16 2002 // The Texas Department of Insurance has issued an emergency cease and desist order against Farmers subsidiaries Farmers Insurance Exchange and Fire Insurance Exchange that effectively freezes the carrier’s homeowners...

Eight Insurers Exposed to 73 Percent of Homeowners Risk in Western Fire-Prone States

Aug 15 2002 // In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home insurance risk, according to a recent analysis by Weiss Ratings, Inc.At year-end 2001, eight...

Top Three Texas Residential Insurers Under Investigation

Aug 5 2002 // Responding to moves by Farmers Insurance Company to further restrict coverages in homeowners policies it will write in the state, Insurance Commissioner Jose Montemayor expanded the state insurance department’s...

Montemayor Okays ISO Homeowners Forms

Aug 5 2002 // In his continuing quest to find solutions keep the Texas homeowners market from completely falling apart, Insurance Commissioner Jose Montemayor approved residential property policy forms developed by the Insurance...