Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
$5M in Grants Help California Homeowners Prep for Quakes
Nov 15 2021 // California’s Earthquake Brace + Bolt grant program is expanding, and it now includes 395 ZIP Codes where qualifying homeowners can get up to $3,000 to offset the cost of completing a seismic retrofit, the California...
New York Governor Signs Bill Restricting Home Insurers Over Dog Breeds
Nov 8 2021 // New York Governor Kathy Hochul last month signed a legislative package relating to animal welfare. The package includes legislation S.4254/A.4075, which prohibits insurers from refusing to issue or renew, cancel, or charge...
Orion180 Expands Home Insurtech Model Into Georgia, South Carolina
Nov 3 2021 // Orion 180, a homeowners’ insurtech company, has expanded into Georgia and will soon move into South Carolina, the company said this week. Orion, based in Melbourne, Florida, uses technology to allow homeowners to...
North Carolina Again Postpones Hearing on 25% Homeowners Rate Hike
Nov 1 2021 // A hearing set for today on a proposed 24.5% average increase in homeowners’ insurance rates has been postponed until Jan. 3, the North Carolina Department of Insurance announced. The rate increase was recommended by...
Recoop Disaster Policy Vows Quick Cash to Homeowners, Renters
Nov 1 2021 // Homeowners in 37 states now have access to a parametric-like multi-peril disaster insurance product designed to deliver quick cash in the wake of a natural disaster. The product, Recoop Disaster Insurance, pays out a...
For Home Insurers, Weather Proves More Costly While COVID Measures Lower Claims
Oct 28 2021 // Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021 LexisNexis Home Trends Report, the...
$5M in Grants Released to Help California Homeowners Prep for Quakes
Oct 27 2021 // California’s Earthquake Brace + Bolt grant program is expanding, and it now includes 395 ZIP Codes where qualifying homeowners can get up to $3,000 to offset the cost of completing a seismic retrofit, the California...
Recoop Insurance Vows Quick Cash to Homeowners, Renters Hit by Natural Disasters
Oct 25 2021 // Homeowners in 37 states now have access to a parametric-like multi-peril disaster insurance product designed to deliver quick cash in the wake of a natural disaster. The product, Recoop Disaster Insurance, pays out a...
New ISO Homeowners Policy Form Update
Oct 18 2021 // The Insurance Services Office (ISO) has unveiled an update to its homeowners’ program. It’s the first update in 11 years, which is a good thing. It begs asking why it took so long, but that’s a question...
Porch Group’s Homeowners Insurance Moves into Tennessee
Oct 7 2021 // Homeowners of America, a property and casualty insurance provider and subsidiary of the Porch Group, announced it is open for business in Tennessee. Tennessee is HOA’s 10th state of operation. The line of business...
Florida Pool Company Charged with Swindling Homeowners, Insurance Fraud
Oct 7 2021 // The South Florida owners of a swimming pool company have been charged with swindling homeowners out of almost $2 million, as well as failing to obtain workers’ compensation insurance and insurance application...
Rates to Rise for Millions of Homeowners Under National Flood Insurance Program
Oct 4 2021 // The federal government Friday rolled out a flood-insurance program revamped to reflect worsening climate change, a program that will raise rates for millions of homeowners in wealthy coastal areas and humble inland...
In Changing Housing Market, Home Insurers Struggle with Customer Loyalty: Study
Oct 4 2021 // Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, a new study by J.D. Power,...
South Dakota Homeowners Sue County Over Sinkhole Risks
Sep 30 2021 // More than 150 homeowners in a development outside Rapid City, South Dakota, are suing Meade County over risks to their properties after a sinkhole exposed an abandoned gypsum mine. The federal complaint filed Sept. 27 by...
Millions Risk Losing Homeowners Insurance in Fire-Ravaged California
Sep 27 2021 // A California moratorium guaranteeing insurance in wildfire-threatened areas lapsed Saturday, putting 347,000 homes in Pasadena and other Los Angeles foothills communities at the mercy of the market. As many as 2.4 million...
In Changing Housing Market, Home Insurers Struggle with Customer Loyalty: Study
Sep 22 2021 // Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, a new study by J.D. Power,...
California Issues 1-Year Moratorium on Homeowner Insurance Cancellations And Non-Renewals
Sep 20 2021 // California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to preserve residential insurance coverage for more than 325,000 policyholders who have been affected by Northern California wildfires...
Openly Brings Home Insurance Offering to Missouri
Aug 25 2021 // Openly is up and running in Missouri, enabling independent insurance agents to access Openly’s coverage and obtain quotes. Missouri marks the 12th state in Openly’s nationwide expansion. Openly says it plans to...
Austin’s Incline P&C Group, Hippo Team Up on Home Insurance
Aug 11 2021 // Austin, Texas-based insurance program market services firm Incline P&C Group entered a new issuing carrier relationship with Hippo Insurance Services to provide homeowners insurance coverage. Hippo offers its...
Ally Financial to Offer Home Insurance in Partnership With Hippo
Aug 11 2021 // U.S. online bank Ally Financial has agreed to backstop home insurance policies provided by Hippo Holdings Inc., providing capital for the latter to generate more business, the companies told Reuters. Hippo will underwrite...
