Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Homeowners Insurer, Openly, Expands Into Wisconsin
Feb 2 2021 // Openly, based in Boston, is now offering its homeowners insurance products and services in Wisconsin. More than 500 independent agents across the state can now access Openly’s technology that simplifies the...
Newly-Formed K2-Backed Exchange to Offer Coverage for Mobile Homeowners in Florida
Feb 2 2021 // Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American Mobile Insurance Exchange (AMIE), a reciprocal exchange that will seek to insure...
Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints
Jan 22 2021 // The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance. The Louisiana Department of Insurance (LDI) reports that nearly 80...
Berkshire Hathaway GUARD Expands Homeowners Coverage Into Georgia, Utah
Jan 14 2021 // Berkshire Hathaway GUARD Insurance Companies has added Georgia and Utah to the list of states where the insurer offers its homeowners product. With these additions, the company now offers its personal lines products in 22...
Fitch: Florida Homeowners’ Insurers Performance Deterioration Continues
Jan 13 2021 // Florida homeowners’ insurance specialists are reporting continued performance deterioration and a decline in capitalization levels, despite the most severe losses from the record 2020 hurricane season occurring...
First Cap Writing Calif Admitted Dwelling Fire Program as Alternative to FAIR Plan.
Jan 7 2021 // San Diego, CA First Cap Property Insurance Solutions has announced a new admitted Dwelling Fire program for California residential risks. The program is designed to be an alternative to the California FAIR Plan. The new...
Miami Beach Considers Homeowner Grants to Prepare Property for Sea Rise
Dec 29 2020 // Miami Beach is exploring a way to help residents cover the cost of floodproofing their properties from heavy rains and high tides made even higher by sea level rise – at least a little. The city is considering...
Openly, High-End Home Insurance MGA, Secures $40M for National Expansion
Dec 18 2020 // Openly, an insurtech managing general agency for high-end homeowners insurance, raised $40 million of venture capital from multiple investors. The investment will fuel a national expansion, hiring and further technological...
Florida Nursing Homes Will Be First to Receive COVID Vaccine
Dec 8 2020 // Residents in nursing homes and assisted-living facilities will be the first to get a coronavirus vaccine when Florida begins receiving it later this month, Gov. Ron DeSantis said. DeSantis’ priorities, announced in...
Homes Destroyed in Multiple Alaska Mudslides
Dec 4 2020 // Homes are believed to have been destroyed and at least two people are unaccounted for after multiple mudslides in the Alaska community of Haines on Wednesday, authorities said. The largest slide, about 600 feet wide, hit...
Many Californians Being Left Without Homeowners Insurance Due to Wildfire Risk
Dec 4 2020 // Acquiring home insurance has long been a mundane but necessary chore. In California, for hundreds of thousands of residents, it’s turned into a labyrinthine quest that leaves people with expensive, bare-bones...
Health Workers, Nursing Homes Should Get First COVID Vaccines, Says CDC
Dec 2 2020 // A panel of advisers to the U.S. Centers for Disease Control and Prevention (CDC) on Tuesday voted 13 to 1 to recommend that healthcare workers and residents of long-term care facilities should be first in line to receive...
Hippo Gets $350M Investment, Reinsurance Treaty From Mitsui Sumitomo
Nov 25 2020 // Hippo Enterprises, an MGA insurtech focused on homeowners insurance, secured a $350 million capital investment designed to help fuel further growth. A related reinsurance agreement is also part of the deal. Mitsui Sumitomo...
Thanksgiving Fowl Play? No Problem. Whole Foods, Progressive Offer ‘Turkey Insurance’
Nov 24 2020 // It’s clear that insurance touches many aspects of people’s lives. The holiday season alone can present all kinds of insurance risks. There’s pumpkin patch liability insurance to protect pick-your-own...
Reno Fire Department Says Wildfire Destroyed 5 Homes, Damaged 24
Nov 20 2020 // Authorities now say five homes were destroyed and 26 damaged by a wind-driven wildfire that roared through a Reno, Nev., neighborhood. Of the homes damaged Tuesday, three were heavily damaged and 21 had minor damage due to...
Mobile Home Owner Files Lawsuit Stemming from Maine Blast
Nov 19 2020 // The owner of a mobile home park and other residences has filed a lawsuit against companies and a nonprofit group connected to the 2019 fatal propane explosion in Maine. The Farmington explosion killed fire Capt. Michael...
Homeowners of America Insurance Expands into Illinois
Nov 19 2020 // Homeowners of America Insurance Co. (HOAIC), an Irving, Texas-based property/casualty insurance provider, is now offering its insurance products in the state of Illinois. HOAIC President and CEO Spencer Tucker said the...
Tornado in Arkansas on Sunday Injured 4 People, Destroyed Homes
Nov 17 2020 // A tornado in northeast Arkansas on Nov. 15 left four people injured and destroyed buildings and mobile homes, authorities said. The severe weather Sunday was near Romance, an unincorporated community about 23 miles (37...
State Farm Fire Prevention Pilot Tests Sensors That Detect Electrical Wiring Defects
Nov 17 2020 // State Farm is sending sensors that can detect hazards in electric wiring to 40,000 homeowners in California, Arizona and Texas as part of a pilot project that will measure potential savings and customer acceptance. Mike...
Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida
Nov 16 2020 // Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect...
