Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
CoreLogic: Nearly 300K Gulf Coast Homes at Possible Risk From Delta
Oct 8 2020 // CoreLogic an Irvine, Calif.-based global property information, analytics and data-enabled solutions provider, has released data analysis showing 293,685 single-family and multifamily homes across Louisiana and the U.S....
Florida Homeowners Insurtech TypTap Goes National; Plans Roll-Out in 20 States
Oct 8 2020 // After launching in Florida as a flood insurer in 2016 and expanding into the homeowners market in 2018, TypTap Insurance Co. has officially started the process of becoming a nationwide company. The technology-driven...
Insurance Consumer Advice for Buyers of High-Risk Homes: Liz Weston
Oct 6 2020 // When house hunting, the price of homeowners insurance probably isn’t top of mind. But homes with hidden risks can make getting coverage difficult, expensive or both. Learning how to identify them could save a...
Homeowners Coverage Gaps? Here Are Some ‘Mower’
Oct 5 2020 // In 2018, the Insurance Journal published an article titled “Lawnmower Injuries Remain Source of Serious Injury and High Costs.” A study cited in the article stated each day during the mowing season, about 30...
Gas Leak Leads to Explosion in Iowa, Several Homes Damaged
Sep 30 2020 // Fire officials are blaming a gas leak for an explosion that destroyed one Dubuque, Iowa home and damaged several others. KCRG reports that Chief Rick Steines with the Dubuque Fire Department said a machine struck a gas...
Report: Nearly 2M Homes at Elevated Risk of Wildfire
Sep 30 2020 // Nearly 2 million homes, mostly in the Western U.S., with a rebuilding value of more than $638 billion are at an elevated risk of wildfire damage, a report out today shows. An annual wildfire report from data provider...
Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership
Sep 23 2020 // Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners insurance, announced their mutual decision to end their three-year partnership. The move...
More than 40% of Coronavirus Deaths in Nebraska at Nursing Homes
Sep 22 2020 // More than 40% of the deaths linked to the coronavirus in Nebraska have been at nursing homes, but the overall rate of deaths in the state’s nursing homes has remained relatively low compared with national figures. A...
California Wildfire Threatening More Than 1,000 Homes
Sep 22 2020 // A wildfire burning through brush and timber from the mountains to the desert northeast of Los Angeles threatened more than 1,000 homes on Tuesday as crews across the West battled dozens of other major blazes. The Bobcat...
UK Seeks to Reform How Motor, Home Insurers Treat Loyal Customers
Sep 22 2020 // The Financial Conduct Authority has set its sights on revamping the UK motor and home insurance marketplace to help customers, especially loyal policyholders, save money. The FCA is proposing reforms of these markets that...
MetLife Looks to Sell P&C Auto and Home Insurance Business: KBW Analysts
Sep 20 2020 // MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following the company Keefe, Bruyette & Woods (KBW) analysts, Ryan Krueger and Meyer Shields, said...
Moody’s Says Property/Casualty Insurers Face Significant Losses from Western Wildfires
Sep 17 2020 // Dozens of wildfires raging in California, Oregon, Washington and other Western states have resulted in loss of life, damaged or destroyed about 9,657 homes and commercial structures and burned more than 5 million acres,...
California Commissioner Holding Hearing on Homeowners Rates in Wake of Wildfires
Sep 16 2020 // California Insurance Commissioner Ricardo Lara said today that he will convene an investigatory hearing in October in advance of initiating a series of regulatory actions that will protect residents from the increasing...
3 Reasons People Don’t Buy Homeowners’ Insurance
Sep 16 2020 // I recently learned about two separate times when families lost everything when their homes burned. These are tragic losses and thankfully, the only things that were lost were replaceable items. No one got hurt, but they...
The Hanover Targets Home-Based Businesses with New Coverage Suite
Sep 16 2020 // The Hanover Insurance Group, Inc. has launched a suite of coverages designed to protect homeowners who generate income through home-based businesses or short-term rentals of their properties. The Hanover’s new...
Tracking Tool Spotlights Repetitive Flood Loss Homes Receiving U.S. Taxpayer Funds
Sep 15 2020 // Passaic County in New Jersey is not in the hurricane belt nor is it on the banks of a major river, and yet 810 properties there received $170 million of taxpayer money through the National Flood Insurance Program (NFIP)...
Hospitals, Nursing Homes Fail to Separate COVID Patients, Putting Others at Risk
Sep 10 2020 // Nurses at Alta Bates Summit Medical Center were on edge as early as March when patients with COVID-19 began to show up in areas of the hospital that were not set aside to care for them. The Centers for Disease Control and...
North Carolina Homeowners, Businesses Hit by Earthquake Eligible for SBA Loans
Sep 1 2020 // The federal government will begin offering low-interest loans to homeowners and small business owners who were impacted by North Carolina’s earthquake. The Winston-Salem Journal reports that the U.S. Small Business...
Home Insurance MGA Hippo Completes Acquisition of Spinnaker Insurance Co.
Sep 1 2020 // Hippo, an insurtech managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Co., with an expansion into additional states next on its plate. The deal, first announced in June,...
Drones Help Insurance Companies Check Windstorm Damage in Iowa
Aug 31 2020 // Insurance adjusters who descended on Cedar Rapids, Iowa, after the Aug. 10 derecho storm are using drones to check roofs and asking homeowners with less severe damage to take their own photos. Some of this is due to the...
