Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Homeowners of America Launches Insurance Services in Oklahoma
Jun 28 2022 // Porch Group’s Homeowners of America introduced service in Oklahoma. This is now HOA’s 18th state of operation. Porch Group is a Seattle-based vertical software company in the home services and insurance...
UK Home Insurer Policy Expert Considers £1 Billion Sale
Jun 28 2022 // UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2 billion), people with knowledge of the matter said. Investment firm Primary Group Ltd. is working...
Nursing Home Owner Whose Residents Suffered in Ida in Trouble
Jun 24 2022 // The owner of seven Louisiana nursing homes who sent more than 800 of his elderly residents to a crowded, ill-equipped warehouse to ride out Hurricane Ida last year was arrested Wednesday on fraud and cruelty charges...
How to Lower Home Insurance Premiums and Wildfire Risks
Jun 24 2022 // Homeowners in the US got new guidance to help them defend against increasingly frequent wildfires and associated rising insurance premiums. The Insurance Institute for Business & Home Safety, a research nonprofit...
Markets/Coverages: Hippo Enters Home Insurance Market in Massachusetts
Jun 22 2022 // Digital insurer Hippo Insurance Services announced the availability of its home insurance products in Massachusetts. Residents of the Bay State can now access Hippo’s home insurance coverage, as well as...
Agent-Focused Home Insurer Openly Closes $75 Million Funding Round
Jun 22 2022 // Boston-based Openly, an insurtech homeowners insurer distributing through independent agents, has closed a $75 million Series C investment. According to founders Ty Harris and Matt Wielbut, Openly has responded to a...
Homeowners Can Record Insurance Company Adjusters’ Inspections, Florida Court Says
Jun 7 2022 // Homeowners and public adjusters may now feel a little more emboldened to record an insurance adjuster’s inspection of a home, after a Florida appeals court ruled in favor of the practice last week – the third such...
7.9% Average Rate Increase for North Carolina Homeowners Kicks in This Week
Jun 3 2022 // Starting this week, North Carolina homeowners will see insurance premiums rise by an average of almost 8% for new and renewing policies, after a negotiated rate increase took effect June 1. The North Carolina Rate Bureau...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA
May 16 2022 // A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy, reveals a majority of insured homeowners have not taken important steps to ensure...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA
May 6 2022 // A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy, reveals a majority of insured homeowners have not taken important steps to ensure...
Dog-Related Claims Cost U.S. Home Insurers Nearly $900M in 2021
May 2 2022 // Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2021, costing $881 million, according to an analysis by the Insurance Information Institute...
Markets/Coverages: Home Insurer Hippo Expands to New York State
Apr 29 2022 // Hippo Insurance Services announced it will offer home insurance products in New York State. With New York, Hippo products are now in 38 states. New Yorkers will have access to Hippo’s offerings, including home...
ATV Is Not a Farm Vehicle Covered Under Homeowner’s Policy, Virginia Court Rules
Apr 18 2022 // The Virginia Supreme Court has ruled that an all-terrain vehicle (ATV) is not a “farm type vehicle” covered by a homeowner’s insurance policy, reversing a lower court that ruled in favor of coverage. The...
Dog-Related Claims Cost U.S. Home Insurers Nearly $900M in 2021
Apr 14 2022 // Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2021, costing $881 million, according to an analysis by the Insurance Information Institute...
Inflation Outpacing Premium Increases for Auto and Homeowners Lines
Mar 21 2022 // US Insurers — already hammered by extraordinary losses caused by natural disasters — are failing to raise premiums at a pace that matches the inflation rate, according to the American Property Casualty...
Nationwide Expands Use of Leak Sensors for Homeowners
Mar 16 2022 // Nationwide Insurance has become the latest large insurer to expand its use of leak-detection and other sensors for homeowners, offering a small discount on premiums. The company announced this week that it has teamed up...
New Hampshire Directs Federal Funds to Help Homeowners Pay Mortgage, Insurance
Mar 15 2022 // A new, federally funded program will provide relief to eligible homeowners struggling to pay their mortgage, property taxes, utility bills, and other costs during the coronavirus pandemic, New Hampshire authorities said...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines
Mar 8 2022 // US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at a pace that matches an historic inflation rate, the American Property Casualty Insurance...
AIG to Move High Net Worth Homeowners to E&S
Mar 7 2022 // Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move its high net worth...
2021 Natural Catastrophe Losses From Major Events Reached $56.92B – Here’s Why
Mar 4 2022 // This post is part of a series sponsored by CoreLogic. When a natural catastrophe hits a community, there can be significant long-term impacts. When a large portion of the local population leaves the area during the rebuild...
