Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Head of Crumbling Foundations Fund in Connecticut Says $1B Needed
Oct 23 2018 // The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have nearly enough money to address the...
Travelers Teams with Amazon to Offer Smart Home Products, Insurance Quotes
Oct 16 2018 // The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits, insurance quotes and risk management information through a digital storefront: Amazon.com/Travelers. Customers will be able to obtain smart...
Montana Homes in Fire-Prone Areas Hike Firefighting Costs, Report Shows
Oct 15 2018 // Rapid population growth and the desire to live near forests means new housing in western Montana is being built in wildfire-prone areas, increasing taxpayer-funded fire suppression liabilities and putting lives and...
Woes of California Wildfire Victims Include Cleanup Crews, Fraud
Oct 11 2018 // One year after a devastating series of wildfires ripped through Northern California wine country, destroying thousands of homes, the U.S. Army Corps of Engineers’ first experience cleaning up after a wildfire has...
CoreLogic: 57K Homes in Florida Totaling $13.B RCV At Risk from Hurricane Michael
Oct 9 2018 // At least 57,000 homes along Florida’s Gulf Coast with a reconstruction cost value (RCV) of about $13.4 billion are a potential risk of storm surge damage from Hurricane Michael, according to a data analysis released...
American Traditions Insurance Launches Renters Policy in Florida
Oct 3 2018 // American Traditions Insurance Co. (ATIC) has launched a renters (HO4) product in the Florida marketplace. The HO4 product will be available through independent agents currently participating with the carrier. The renters...
Insurtech Kin Insurance Expands Homeowners Offering into Georgia
Oct 2 2018 // Kin Insurance, an insurtech startup offering insurance for homeowners, has expanded into Georgia. Kin uses big data analysis to help simplify the process of obtaining homeowners insurance. Kin aggregates data from public...
Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses
Oct 1 2018 // Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to...
Just Like Many British Homes, UK Insurers’ Shares Are Subsiding This Summer
Sep 28 2018 // Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country’s non-life insurers sector had its steepest drop in more than a year-and-a-half on Friday after its biggest constituent,...
Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses
Sep 25 2018 // This enhanced satellite image made available by NOAA shows Hurricane Florence off the eastern coast of the United States on Wednesday, Sept. 12, 2018 at 5:52 p.m. EDT. (NOAA via AP) Insurance industry losses from Hurricane...
High Winds, Tornadoes Damage Homes, Businesses in Southern Minnesota
Sep 24 2018 // Several tornadoes struck southern Minnesota as severe storms packing powerful winds and heavy rain left a trail of destruction overnight, the National Weather Service said Friday. The extreme weather late Thursday damaged...
California Passes Handful Bills Aimed at Protecting Wildfire Survivors
Sep 21 2018 // Five bills that their proponents say will protect wildfire survivors were signed by California Gov. Jerry Brown on Friday. The bills are aimed at addressing critical issues facing wildfire survivors including...
Did You Just Ask That?
Sep 19 2018 // We’ve received a few questions lately through our Ask an Expert service that motivated this post. Wait. You don’t know about Ask an Expert? It’s a benefit of the new subscription service through Insurance...
After Florence Floods, Uninsured Awaken to Painful Reality
Sep 19 2018 // Flood insurance was far from Stephanie Walker’s mind in 2015 when she moved her family into a home in Fayetteville in central North Carolina, nearly 200 miles (320 km) from the coast. The next year, a creek at the...
Tower Hill Specialty Expands Homeowners Products into Alabama
Sep 18 2018 // Tower Hill Specialty insurance products for homeowners are now available in Alabama, as the Ohio-based company expands its regional focus in the Southeast. Specializing in personal lines property products, Tower Hill...
Hurricane Florence’s Surge Is Expected to Hit Homes That Already Cost the Government Millions: ProPublica
Sep 18 2018 // Though the flooding from Hurricane Florence is predicted to be unprecedented, residents of the coastal North Carolina towns threatened by the storm surge know what it’s like to take on water. Some homes in these...
Can Home Insurers Keep Customers as Happy as Insurtechs?
Sep 17 2018 // Homeowners insurance companies are faring rather well when it comes to customer satisfaction. Consultants at J.D Power think the carriers’ investments in improved digital channels and bundled products that combine...
Virginia Insurers ‘Actively Preparing’ for Florence; State’s Top 10 Home Insurers
Sep 13 2018 // The Virginia Bureau of Insurance says it is “confident that insurers are actively preparing for this storm” as the potential impact of Hurricane Florence is anticipated in the state. “The Bureau’s...
CoreLogic: 759K Homes, $170B in Reconstruction Value at Risk from Florence Storm Surge
Sep 11 2018 // Nearly 759,000 homes with a reconstruction cost value (RCV) of approximately $170.2 billion are at potential risk of storm surge damage from Hurricane Florence based on its Category 4 status, CoreLogic said in an analysis...
Large Hole Opens Between 2 Homes in Florida
Sep 10 2018 // A large hole has opened between two homes in a gated community in Florida. Pasco County officials said in an email sent Sept. 5 that about half of the hole – which is 40-feet (12-meters) across and 20-feet (6-meters)...
