homeowners News

Lighthouse Property Insurance Launches Dwelling Fire Product in South Carolina

Owners of South Carolina rental properties have the option of insuring their residences through Lighthouse Property Insurance Corp. beginning July 14. The coverage is available for rental residence or an owner-occupied home. Optional personal liability coverage and the ability to …

ANE, Hyundai Marine & Fire Launch New Homeowners Insurance Program

ANE, Agency Network Exchange, has formed an agreement with Hyundai Marine & Fire Insurance Co. that gives its members direct access to Hyundai’s new homeowners insurance product. ANE and its member agents collaborated with Hyundai to develop this product, which …

Hartford Steam Boiler Announces Help Desk Service for Homeowners

The Hartford Steam Boiler Inspection and Insurance Co. (HSB) is now offering technical support services for homeowners through a partnership with Sutherland Global Services (Sutherland), a provider of business process outsourcing. The services are available as part of MyHomeWorks, a …

Austin Homeowner’s Interest in Flood Insurance Rises

Insurance agents in Austin, Texas report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities. Roughly 650 homes and businesses were either damaged or destroyed …

Tornado-Related Insurance Claims Climb in Oklahoma

The total number of tornado-related insurance claims filed by Oklahomans has climbed to 32,433 since May 19, state insurance regulators report. The filings represent insured losses of nearly $250 million, including 13,938 homeowners claims, 17,492 auto claims and 724 commercial …

Frontline Insurance Approved for Coastal Homeowners in Delaware

Frontline Insurance, a provider of coastal homeowners coverage, is now licensed in Delaware. Frontline already operates in Florida and South Carolina and recently announced a new coverage program for Alabama residents, including wind and flood all in one package. A …

Allstate Raising Homeowner Rates in Louisiana

Allstate Corp. is raising rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. The company announced that about 71,000 homeowners insured by Allstate Insurance Co. will see their rates increase by 11.3 percent, while 73,000 …

State Farm Lloyds Files Homeowners Rate Increase in Texas

State Farm Lloyds says it intends to increase homeowners rates in Texas by an average 20 percent. The company announced it has submitted a rate filing to the Texas Department of Insurance. The actual premium change for any individual customer …

Severe Storms Damage Arkansas Airport, Cars, Houses

Strong winds from severe thunderstorms destroyed airplane hangars and damaged airplanes, homes and vehicles as they moved across Arkansas on Sept. 7, authorities said. No serious injuries were reported, but the storms left thousands of homes and businesses without electricity. …

Pennsylvania Banks, Homeowners Examine Oil and Gas Leases

When Donald Yost tried to refinance his home about 30 miles north of Pittsburgh in January, he met a roadblock. It wasn’t his credit score — he had a solid rating — or the appraisal he’d paid almost $500 for …