homeowners insurance News

F.I.D.O.’s Dog Bite Liability Insurance Fills Coverage Gap

When commercial lines insurance agent and dog owner Debbie Turner began to look into help for her difficult dog back in 2000, she had no idea that her journey would end up leading to a new personal lines insurance option. …

Missouri Insurance Department Fields 26K Complaints

Missouri’s Insurance Department says it has recovered $7.7 million so far this year for consumers with complaints about their insurance companies or coverage. The department said this week it fielded more than 10,000 written inquiries and complaints and more than …

Hartford Steam Boiler Launches Energy Saving Tool for Homeowners Policies

The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has introduced a new concept in homeowners insurance, HSB HomeWorks, which combines breakdown coverage for home equipment systems, appliances and electronics with a suite of home energy …

Trick or Treat: Penn. Regulators Offer Tips to Avoid Halloween Hazards

Things that go bump in the night could get bumpier on Halloween — so the Pennsylvania Insurance Department is reminding homeowners to use common sense on trick-or-treat night.Regulators caution that with so many unpredictable elements at play, the chances of …

13 Texas Cities to Receive Smoke Alarms

Firefighters in 13 Texas cities will be installing smoke alarms into the homes of low income and elderly residents thanks to this year’s We’re Out to Alarm Texas smoke alarm campaign. The program now in its eighth year has saved …

New Texas MGA to Focus on Residential Properties

A new managing general agency β€” Mission Select Insurance Services, LLC β€” has been formed in Texas with a focus on residential property. Mission Select, based in Argyle, was formed with the backing of San Diego, Calif.-based K2 Insurance Services …

11 Homes Destroyed in NW Minnesota Wildfire

State officials now say 11 homes and 24 other structures were destroyed by the wildfire that threatened the northwestern Minnesota city town of Karlstad. Jean Goad, a spokeswoman for the Minnesota Interagency Fire Center, said that updated figures show the …

North Carolina Insurers Seek 17.7% Increase in Homeowners Rates

North Carolina homeowners could see their first rate increase in four years as the state’s rating bureau called for a statewide average 17.7 percent increase in loss cost rates. The North Carolina Rate Bureau filed for the rate increase on …

Florida Approves State Farm 6.4% Homeowners Rate Increase

Florida regulators have approved an average 6.9 percent rate hike for State Farm Florida Insurance Co., which is the insurer’s fifth increase in as many years. The insurer had initially sought an average 14.9 percent increase citing hurricane and underwriting …

Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High

Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the practice of bundling auto and homeowners insurance policies. Overall satisfaction averages 785 in 2012 …