All the headlines from our Homeowners Topic Page, ordered by recency.
Nov 5 2001 // A recent study by J.D. Power and Associates has ranked the Erie Insurance Group highest in customer satisfaction for homeowners insurance. Erie’s announcement noted that the study found the company performed...
Nov 5 2001 // Michigan-based Pulte Homes, one of the largest homebuilders in the Dallas-Fort Worth area, introduced a new line of homes designed to reduce the potential for mold growth. The mold-resistant features were unveiled in new...
Oct 25 2001 // Farmers Insurance agreed to pay $4.3 million to settle an Ohio lawsuit charging the company with discrimination against homeowners in minority neighborhoods in issuing homeowners insurance policies. With the settlement,...
Oct 23 2001 // SAFECO reported third-quarter income, before charges, of $7.8 million or $0.06 per diluted share. Including $240 million in reserve strengthening and previously announced restructuring charges, SAFECO posted a net...
Oct 22 2001 // In conjunction with the fourth and final hearing held by the Texas Department of Insurance (TDI) on issues surrounding the surge of mold claims in the state, the National Association of Independent Insurers (NAII)...
Oct 18 2001 // The National Association of Independent Insurers (NAII) expressed satisfaction that for the third time in as many years, California Gov. Gray Davis vetoed a workers’ compensation reform bill that failed to adequately...
Oct 15 2001 // San Diego-based Golden Eagle Insurance announced in September that it would cease offering new policies for homeowners and dwelling fire in California. The company also sells insurance in neighboring Arizona, but this move...
Oct 11 2001 // American Modern Insurance Group and the American Express Property Casualty companies announced a partnership which adds manufactured home, motor home, travel trailer, and nonstandard specialty homeowner products to...
Oct 8 2001 // Despite efforts by the Texas Department of Insurance to stabilize the homeowners insurance market in the state, property/casualty insurers are bailing out of the Texas market or scaling back coverage, at least temporarily,...
Sep 21 2001 // Progressive, one of the largest auto insurance companies in Illinois, made its homeowners insurance product available to be sold exclusively by independent agents in Illinois starting the week of Sept. 19. Initially, the...
Sep 17 2001 // New estimates from the insurance industry predict insurer losses from water and mold damage claims will reach $780 million in Texas this year. The figure represents a 60 percent increase over claims from a year...
Sep 10 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
Sep 6 2001 // Iowa’s hail, wind and ice storms over the past few years are driving up homeowners’ insurance rates as much as 20 percent, according to the Des Moines Register. Like many other states, Iowa homeowners are...
Sep 3 2001 // The books are closed on 2000 Texas premium and loss information for the insurance industry. IIAT’s annual review of market share data contains a few surprises, some good news and some bad news. Here are the...
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
Aug 28 2001 // In seven western fire-prone states, just eight large property and casualty insurers are exposed to 74.5 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc., a provider of independent...
Aug 27 2001 // Take an influx of homeowners moving into what was once open land, add a rainy winter which has fueled the growth of brush and vegetation, and you have a potential recipe for disaster.As of Aug. 15, close to 300 wildfires...
Aug 20 2001 // After the decision by Farmers Insurance to put the brakes on writing new homeowners policies in Texas beginning Aug. 15, the market in Texas experienced an upheaval, according to the Independent Insurance Agents of Texas...
Aug 20 2001 // A recent Hiscox study reveals that most high value homeowners have little idea of the true value of their home contents. The study compared 64 high value homeowners’ previous valuations with the new valuations...
Aug 6 2001 // A Travis County judge has named Austin lawyer and former Texas Supreme Court candidate Karl Bayer to mediate a settlement in a mold-related lawsuit in which the jury slapped Farmers Insurance Group with a $32 million...