Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida Contractor Accused of $40K AOB Insurance Fraud Scheme
Apr 23 2019 // A restoration contracting company owner was arrested this month in Florida for allegedly stealing more than $40,000 from consumers who assigned their insurance benefits to him through assignment of benefits (AOB)...
Miami Agent Accused of Pocketing $476K in Homeowners Insurance Scheme
Apr 17 2019 // A licensed Miami insurance agent has been arrested after she allegedly obtained and transferred more than 300 homeowner insurance policies without homeowners’ knowledge or consent and pocketed nearly $476,000 from...
California Earthquake Authority Board Votes to Sponsor Resilient Homes Initiative
Apr 15 2019 // The California Earthquake Authority’s governing board has voted to sponsor and support the Resilient Homes Initiative, a bill aimed at helping Californians prepare for earthquakes by restructuring the CEA to...
Don’t Count on Home Insurance to Cover Cost of Rebuilding: Viewpoint
Apr 12 2019 // Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel...
North Carolina Survey: Many Coastal Homeowners Have No Plan to Mitigate Storm Damage
Apr 11 2019 // A majority of coastal homeowners have little to no intention of reducing their homes’ structural vulnerabilities, even though they live in areas frequently affected by damaging hurricanes and flooding and their homes...
AM Best: Most Homes in Midwest States Uninsured for Flooding
Apr 9 2019 // In a commentary on the recent Midwest flooding, AM Best said the states hit hardest by these floods — such as Missouri, Iowa, Kansas and South Dakota — generally have National Flood Insurance Program (NFIP) insured...
Miami’s Rising Seas Force ‘Underwater Homeowners’ to Mobilize
Apr 5 2019 // The “Underwater Homeowners Association” sounds like a sad joke about the future of real estate in flood-prone Miami. It’s actually an earnest effort to turn neighbors into climate-change advocates,...
New Texas Homeowners Policy From The Woodlands Insurance Includes Flood Coverage
Apr 4 2019 // The Woodlands Insurance Co. (TWICO), located in The Woodlands, Texas, has launched a Texas homeowners policy that will include flood insurance to all qualifying households. With a tiered offering of Twico Prime, Twico...
Mercury Insurance Expands Cyber Coverage to Georgia Homeowners, Renters
Apr 4 2019 // Mercury Insurance has launched a home cyber protection offering for homeowners and renters in Georgia. The new coverage will provide Mercury policyholders with cyber insurance protection that includes payment and security...
Texas Insurance Commissioner to Industry: Watch Your Language!
Apr 3 2019 // Note: This is the second article in a three-part series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. Texas’ chief insurance regulator wants the insurance industry to clean up its...
SageSure, IMF Partner on Texas Coastal Homeowners Insurance Product
Apr 3 2019 // Residential property managing general underwriter, SageSure Insurance Managers has partnered with Independent Mutual Fire Insurance Company (IMF) on a homeowners product in Texas, with plans to expand to additional coastal...
California Lawmaker Introduces Resilient Homes Initiative
Apr 2 2019 // A bill to that would enable the California Earthquake Authority to expand mitigation programs is making its way through state Legislature. State Sen. Majority Leader Bob Hertzberg, D-Van Nuys, this week released the...
Cabrillo Coastal Launches Flood Endorsement for South Carolina Homeowners
Apr 2 2019 // Cabrillo Coastal General Insurance Agency has launched a flood endorsement for new or existing Safe Harbor Homeowners policies in South Carolina. The coverage, according to Cabrillo, was built from a different rating...
25 Homes Destroyed by Fire at Apartment Complex in Atlanta Area
Mar 27 2019 // A fire at an Atlanta area apartment complex destroyed more than two dozen units. The American Red Cross was working to help more than 40 people displayed by the fire at the Gallery Apartments in Marietta late Saturday...
Universal Insurance Holdings Enters Illinois’ Homeowners Market
Mar 26 2019 // Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Universal Insurance Holdings Inc., has entered the market for homeowners insurance in Illinois. The company is now offering homeowners...
Florida Insurtech HoneyQuote Rolls Out Real-Time Rating Engine, Adds Heritage to Platform
Mar 26 2019 // HoneyQuote.com has added a new carrier partner and launched its real-time rating engine, which lets Florida homeowners compare multiple home insurance quotes and purchase a policy online. The application is backed by...
New Mexico Tornado Destroyed 10 Homes, Inured 5
Mar 19 2019 // A tornado that ripped roofs from buildings and injured five people in a tiny New Mexico town left a trail of debris, authorities reported. The tornado touched down outside of Dexter last week on Tuesday evening before...
Confirmed Tornado Damaged Homes, Businesses in Mid-Michigan
Mar 18 2019 // Authorities say a tornado swept through mid-Michigan, damaging homes and knocking out power to thousands. The National Weather Service confirmed that a tornado touched down at 7:03 p.m. Thursday around the Shiawassee...
Consumer Advocacy in an Age of Consumer, Insurer Options
Mar 18 2019 // Today’s Insurance Consumer Advocates Are Tackling Some New and Old Issues Years ago, insurance consumer advocates in the states were most often focused on getting consumers access to insurance at fair prices. They...
New Forms, Rate Hikes Likely in 2019 Texas Homeowners Insurance Market
Mar 15 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
