Latest Homeowners Headlines

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

Homeowners Premiums Rose Slightly in 2000, A.M. Best Study Says

Aug 1 2001 // Overall, the industry reported a 6.6 percent increase in direct premiums for homeowners multiperil insurance from 1999 to 2000, according to a new A.M. Best Statistical Study. The top 10 writers of homeowners multiperil...

Homeowners Underinsured by 60%, Hiscox

Jul 25 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...

California Earthquake Authority Releases Project Consulting Team Report

Jul 11 2001 // A new report completed by Tillinghast-Towers Perrin presents the current state of the California Earthquake Authority (CEA) in a positive light.The “CEA Project Consulting Team Report,” was commissioned by the...

Homeowners, Insurance Industry Clash on Mold Issues

Jul 9 2001 // Homeowners turned out in force to testify and listen, and to applaud when they agreed with what they heard, at a June 26 Texas Department of Insurance (DOI) public hearing on issues related to toxic mold and insurance...

Texas Sets HO Rate-Making Hearing

Jul 9 2001 // The TDI has set an open meeting for July 17, 1:30 p.m., Room 100, in the TDI office building, Austin, to finalize recommendations revising the homeowners’ and residential property benchmark rates for 2001. The...

Jury Sends Message to Insurance Industry in Toxic Mold Case

Jun 25 2001 // A recent jury decision should put up red flags for insurers: Take care of toxic mold claims adequately and promptly, or risk being assessed millions of dollars.That warning came in the form of a $32-million award to a...

Earthquake Awareness: Not Just a California Thing Anymore

Jun 25 2001 // Residents in Oregon and Washington would probably be surprised to know that more than 1,000 earthquakes per year are recorded in the two states by the seismology lab at the University of Washington. The biggest reason for...

Homesite Insurance Expands Services

Jun 21 2001 // Boston-based Homesite Insurance has introduced its home insurance products to residents in Oregon and Wisconsin. With the addition of these parts of the country, Homesite now has sales in 23 states, looking to continue on...

$7M Jury Verdict Reached in Northridge Case

Jun 19 2001 // A jury awarded almost $7,000,000 in earthquake repair costs and bad faith damages on June 15 to a Culver City condominium homeowners association in a lawsuit against Scottsdale Insurance Company, according to Brian S....

Jury Sends Message to Insurance Industry in Toxic Mold Case

Jun 18 2001 // Travis County District Court jury to the insurance industry: take care of toxic mold claims adequately and promptly or risk being assessed millions of dollars.That warning came in the form of a $32-million award to a...

Matters of Evolution; Revolution

Jun 18 2001 // With the possible exception of Charles Darwin, matters of evolution generally take a back seat on the news bus to matters of revolution. So it has been with the 23 bills affecting the insurance industry that struggled...

As Texas and Louisiana Mop Up, Assessment Begins in Flood-Swept Areas

Jun 18 2001 // Preliminary cost estimates of damages wreaked by Tropical Storm Allison as it floated around Southeast Texas for several days earlier this month have topped $1 billion. But no one knows what the actual figure will be nor...

Missouri Ins. Dept. Sides with Homeowners Over Storm Damage Dispute

Jun 15 2001 // The Missouri Department of Insurance is supporting angry homeowners over a dispute with a number of insurance companies regarding replacing home siding which was damaged by hail during the state’s most damaging storm...

How Agents Won on the Web, Four Web Venture Profiles

May 14 2001 // A century ago, agents found customers where they gathered—at church, their place of business or the local watering hole downtown. This marketing strategy still works today—only now many agents are going through...

STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE

May 13 2001 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...

Conning Predicts Rise in Premium Rates for All P/C Lines

Apr 30 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...

Conning Predicts Rise in Premium Rates for All P/C Lines

Apr 28 2001 // Conning Corporation, a provider of asset management services to insurance companies and institutional investors based in Hartford, Conn., has predicted an increase in auto insurance premiums next year, reversing a trend in...

Homesite Insurance Products Available in Indiana

Apr 18 2001 // Boston, Mass. based Homesite Insurance is expanding to offer homeowners, condominium and renters insurance products to consumers in Indiana. By focusing exclusively on the homeowner’s market, Homesite has brought...

Oregon Hopes ‘Fleming Fix’ Will Clear the Clutter

Apr 9 2001 // To the nearly endless list of issues over which trial lawyers and insurance companies have waged legal battles, we can now add…Point sizes and capitalization? Fortunately for the insurance industry, Oregon’s...

New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market

Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...