Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers
Aug 27 2020 // Ratings analysts A.M. Best and Moody’s are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M. Best expects losses from Hurricane Laura to place added stress on...
U.S. to Fine Nursing Homes That Fail to Meet Testing Mandate
Aug 26 2020 // Nursing homes in the United States will now be required to test staff for COVID-19 and offer testing to residents, the Centers for Medicare & Medicaid Services (CMS) said on Tuesday. The new rules also mandate nursing...
Conn. Offers Coverage Guidance Due to Power Outages After Tropical Storm Isaias
Aug 25 2020 // In the aftermath of Tropical Storm Isaias, Connecticut Governor Ned Lamont and Insurance Commissioner Andrew N. Mais are reminding policyholders to review their homeowners insurance policies to understand their coverage...
101 Sales, Marketing & Agency Management Ideas
Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...
Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes
Aug 24 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
California Says Fire Evacuees May Be Eligible for Reimbursement from Insurer
Aug 20 2020 // California residents who have been ordered to evacuate due to the hundreds of wildfires burning across the state my be able to recoup their evacuation costs from their insurance company, the California Department of...
Replacement Cost and the 180-Day Limitation Myth
Aug 19 2020 // What is the best way to launch this article? I don’t know if I should say I’m itching for a fight or if it’s better to say that insurance carriers are misinterpreting coverage forms and I am trying to...
Roadmaps for Wildfire Mitigation Provide Guidance for Suburban Neighborhoods
Aug 19 2020 // New wildfire guidelines from an insurance industry home safety organization offer guidance for adapting suburban communities to the growing threat of wildfire. The Insurance Institute for Business & Home Safety (IBHS)...
Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes
Aug 14 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
New Jersey Provides Guidance for Homeowners After Tropical Storm Isaias
Aug 13 2020 // The New Jersey Department of Banking and Insurance (DOBI) has provided guidance for homeowners suffering property damage caused by the recent tropical storm that rattled the state. DOBI has issued guidance for New Jersey...
Analysis: Louisiana Nursing Homes Have Coronavirus Vulnerability from Staff
Aug 12 2020 // As Louisiana tries to protect vulnerable nursing home residents from coronavirus outbreaks, the facilities still have a significant source of risk for new infections. Hundreds of employees coming and going each day have...
One Dead, Seven Rescued After Gas Explosion Levels Baltimore Homes
Aug 12 2020 // A natural gas explosion destroyed three row houses in Baltimore on Monday morning, killing a woman and trapping other people in the debris. At least seven people were seriously injured, and firefighters were searching for...
Homes Evacuated by Growing Wildfire in Western Colorado
Aug 10 2020 // Several residents near a western Colorado wildfire were ordered to evacuate as the blaze continues to expand. The fire about 18 miles north of Grand Junction was started more than a week ago by lightning in remote and...
Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic
Aug 10 2020 // What pandemic? Allstate’s doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second quarter, an increase of 49% compared to the prior year quarter. Underwriting income...
Progressive Q2 Profit Up on Fewer Accidents; CEO Says ‘Black Lives Matter,’ Vows Action
Aug 10 2020 // “Black Lives Matter to me and they matter to us as an organization,” Progressive Corp. CEO Tricia Griffith wrote in a letter to shareholders. In the letter that was mostly commentary on second quarter results,...
Ohio Auto, Home Insurance Premiums Still Among Lowest in U.S.
Aug 3 2020 // On average, home and auto insurance premiums in Ohio remain among the lowest in the country, the insurance department says. The Ohio Department of Insurance reported that a recent analysis shows the average homeowners...
New Hampshire Investigating Ventilation in Nursing Homes After Virus Outbreaks
Jul 30 2020 // New Hampshire health and fire safety officials will spend the next two weeks investigating whether ventilation systems have contributed to coronavirus outbreaks at nursing homes, Gov. Chris Sununu said Tuesday. More than...
Rising Virus Cases Spark Concern for Florida Nursing Homes
Jul 29 2020 // The coronavirus transformed Florida’s nursing homes into closely guarded fortresses beginning in March, with the state banning family visits, isolating infected residents in separate wings and now requiring staff be...
More than 14K Homes Vulnerable to Hanna’s Storm Surge, CoreLogic Says
Jul 27 2020 // CoreLogic has estimated that more than 14,000 homes were at risk of storm surge damage from Hurricane Hanna, which made landfall in South Texas on July 25. CoreLogic’s Coastal Storm Risk Score shows the number of...
Northeast Insurer Plymouth Rock Assurance Launches Umbrella Coverage
Jul 23 2020 // Plymouth Rock Assurance, an auto and home insurance provider in the Northeast, has launched a new umbrella insurance product for customers across the six states in which it does business. Plymouth Rock’s new umbrella...
