Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Mississippi to Release Names of Nursing Homes with Virus Outbreaks After Lawsuit
Jun 4 2020 // The Mississippi State Department of Health said Tuesday that it will start releasing the names of nursing homes and other long-term care facilities where people have tested positive for the new coronavirus. The action...
Ohio’s Root Insurance Now Offering Homeowners Coverage
Jun 3 2020 // Columbus, Ohio-based insurtech, Root Insurance, has launched Root Home, a homeowners insurance program that is available in 13 states. Root Insurance customers who bundle with new or existing auto policies will save 10% on...
Homeowners Insurtech Openly Expands into Kentucky
Jun 1 2020 // Openly Insurance, a tech-forward company that specializes in premium homeowners insurance, is expanding into Kentucky, the fifth state it is offering its product in to date. Kentucky makes it the fifth state to now offer...
Just Because It’s Not Covered Doesn’t Mean It’s Not Covered…The Entirety of Contract Doctrine – Part 2
Jun 1 2020 // Last month, I shared a claim I had consulted on involving mobile equipment. The adjuster had incorrectly denied the claim because he failed to read both the definition of “mobile equipment” and the exclusion...
Top 100 Cities: 6 in 10 Homes in High-Risk Flood Zones Lack Flood Insurance
May 28 2020 // As the Atlantic hurricane season approaches, and central Michigan experiences severe flooding, a new report analyzing 100 of the largest U.S. cities shows where homeowners face the greatest financial risk and exposure to...
Openly, Premium Home Insurance Company, Rapidly Expanding into New States
May 27 2020 // Boston, MA, MAY 27, 2020— Openly Insurance, a tech-forward company that specializes in premium homeowners insurance and is backed by powerhouse investors such as Gradient Ventures, Google’s AI investment fund, is...
Chubb Not Responsible for Superstorm Sandy Damage to Two Insureds’ Homes
May 26 2020 // A New Jersey appeals court has upheld a trial court’s ruling that Chubb Insurance Co. is not responsible for damages to two insureds’ homes caused by Superstorm Sandy because of a flood exclusion in their...
Not All Homes in Wildfire Zones Are Uninsurable. Here’s How Insurers Can Tell.
May 22 2020 // Fire-risk scores now used by insurance underwriters can sometimes can make it challenging for homeowners to find coverage. Zesty.ai, a California insurtech start-up, is among a handful of firms working to fine-tune...
For Third Point Re, COVID-19 Crisis Hurts, but It Celebrates 1st Underwriting Profit
May 20 2020 // Third Point Re reported a net loss of $183.6 million for the first quarter of 2020 due to COVID-19-related investment volatility – but the company still had big reasons to celebrate. For the first time since its...
Nearly 9K Acre Brush Fire in Southwest Florida Destroys At Least 7 Homes
May 19 2020 // At least seven homes were lost in a brush fire in southwest Florida, and many of the victims say they escaped with nothing more than the clothes on their backs. The 8,663-acre wildfire fire in Collier County continued to...
OSHA Releases First Coronavirus Guidance for Nursing Homes
May 19 2020 // The U.S. Department of Labor last Thursday issued its first workplace guidance to nursing homes since the COVID-19 pandemic swept the country and ravaged care facilities, saying residents, staff and visitors should keep 6...
Texas to Test Everyone in Nursing Homes as COVID-19 Deaths Rise
May 13 2020 // Gov. Greg Abbott has ordered coronavirus testing for all Texas nursing home residents and staff after the White House urged the nation’s governors to do so as deaths mount nationwide. The directive by Abbott, a...
New York Strengthens COVID-19 Safety Measures for Nursing Homes
May 10 2020 // New York state on Sunday announced new coronavirus-safety measures to better protect nursing home residents, who are highly vulnerable to the respiratory illness and account for a large share of the nearly 80,000 Americans...
COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help
May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...
As Deaths Rise to 20,000, Nursing Homes Seek Immunity from Lawsuits
May 10 2020 // Faced with 20,000 coronavirus deaths and counting, the nation’s nursing homes are pushing back against a potential flood of lawsuits with a sweeping lobbying effort to get states to grant them emergency protection...
Strikes at Dozens of Illinois Nursing Homes Averted with Labor Deal
May 8 2020 // Staff at dozens of Illinois nursing homes called off a strike set to begin May 8 after their union reached a tentative deal with nursing home owners that will increase workers’ pay to at least $15 and guarantee...
Nursing Home Insurance Market In Need of Care
May 4 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 20%, or 11,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a...
Insurtech Branch Now Offering Auto, Homeowners Insurance in Texas
May 1 2020 // Columbus, Ohio-based insurtech, Branch, has opened operations in Texas, the company’s fifth statewide expansion since launching in Ohio in August 2019. Branch says it is shaking up the insurance industry providing a...
Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis
May 1 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...
Velocity Risk Unveils New Coastal Homeowners Product for Florida, Texas
Apr 29 2020 // Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas. The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to...
