Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Dozens of Homes in North Florida Damaged by Wildfire
Jun 27 2018 // A fast-moving wildfire damaged or destroyed dozens of homes in a Florida county. Gov. Rick Scott visited the small coastal community of Eastpoint on Monday to get an update on the damage. Eastpoint is in Franklin County...
Tropical Weather System Drenches South Texas, Flooding Reported
Jun 22 2018 // The entire Texas coastline has been drenched this week with heavy rains resulting in flooding in many areas with several cities reporting rainfall totals in excess of 12 inches. The Insurance Council of Texas is issuing a...
Florida’s Citizens Delays Decision on Proposed 2019 Rate Increases
Jun 21 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Weiss Ratings Names Strongest, Weakest Homeowners Insurers in Texas
Jun 20 2018 // Palm Beach Gardens, Florida-based Weiss Ratings has named the six strongest providers of homeowners insurance doing business in Texas that are financially ready for the 2018 hurricane season. At the same time, Weiss...
Catastrophes Pushed Homeowners Insurers’ Combined Ratio Above 107 in 2017
Jun 20 2018 // After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to 107.1 in 2017 as a result of numerous catastrophes, according to an A.M. Best report. The new...
Survey: Floridians Still Not Adequately Prepared for Hurricane Season
Jun 20 2018 // Just six months after the punishing 2017 season battered the Sunshine State, most Floridians are still not prepared for the potential assault of another hurricane season, according to a survey by the FAIR Foundation. The...
HomeProtect Water Damage Program Reimburses Insurance Deductible
Jun 19 2018 // Flo Technologies, Inc., provider of leak prevention systems to prevent water damage in homes, has launched a reimbursement program called HomeProtect that will pay back homeowners for their insurance deductibles up to...
Rising Homeowners Losses Hurt P/C Insurers in 2017: Fitch
Jun 18 2018 // Personal lines underwriting losses rose in 2017 for the fourth year in a row, Fitch Ratings found in a new report. There’s a twist, however. In the three years prior to 2017, personal automobile insurance contributed...
Hailstorm Pounds Parts of Colorado Damaging Homes, Cars and Businesses
Jun 14 2018 // An unusual early morning hailstorm pounded parts of Colorado, including Southeast Colorado Springs, Fountain and Fort Carson, with golf and baseball-sized hail damaging homes, cars and businesses, according to the Rocky...
‘Stable’ Flow Lets Some Hawaii Lava Evacuees Return to Homes
Jun 13 2018 // Officials on Hawaii’s Big Island let some people back into their homes and scaled down emergency operations this week as lava flowed into the ocean on a path that wasn’t threatening new...
No Reason for Insurer Panic Over Amazon… Yet
Jun 7 2018 // As the largest U.S. insurers gathered at the Marriott Marquis hotel in Times Square to discuss the prospects for their industry, a threat to that future emerged from the nation’s other coast. Amazon.com Inc., the...
Commentary: Reforms Needed to Protect Florida Policyholders
Jun 7 2018 // Like thousands of other Floridians, I recently received my homeowner’s insurance renewal statement only to learn that my premium was increasing by a double-digit percentage – nearly $600 annually. But like most...
Hawaii Volcano Lava Destroys 117 Homes on Big Island
Jun 6 2018 // Lava from Hawaii’s erupting Kilauea volcano has destroyed more than 100 homes in a rural Big Island district. As of Monday, lava burned down 117 homes, said Hawaii County spokeswoman Janet Snyder. On Friday, the...
Louisiana Homeowners Insurance Market More Competitive, LDI Says
Jun 4 2018 // The Louisiana Department of Insurance says the state’s homeowners insurance market is much more competitive these days than it was a decade ago. The LDI reported in its 2018 Agency Snapshot that in 2017, the...
Crane Collapse on Homes in Florida Injures 2
Jun 1 2018 // Authorities say at least two people were injured when a crane collapsed on two homes in a Florida neighborhood. Lauderhill Fire Rescue Capt. Jerry Gonzalez says the crane was being used to put up Florida Power & Light...
Monomoy, Rogers & Gray, Spinnaker Launch Admitted Homeowners Product in Mass.
May 30 2018 // Monomoy Insurance Group and Rogers & Gray Insurance have launched an admitted residential homeowners product in Massachusetts through a partnership with Spinnaker Insurance Company (Spinnaker), a national property and...
Ohio Homeowner Trying to Kill Weeds Burns Down Garage
May 25 2018 // Authorities say an Ohio homeowner trying to kill troublesome weeds with a torch has burned down his garage. The Springfield News-Sun reported Springfield Township firefighters in central Ohio were called to a home around 4...
North Carolina Storm Recovery Chief Accedes Frustrations Over Hurricane Matthew Recovery
May 23 2018 // North Carolina’s emergency management chief acknowledged a laborious process for homeowners seeking federal funds for repairs due to Hurricane Matthew and is looking for improvements looking to the next storm. While...
7 Questions to Consider When Selling Flood Insurance
May 21 2018 // Any agent who has used the National Flood Insurance Program (NFIP) in the past to deliver flood insurance to clients knows all too well that trying to simplify the complexities of flood insurance in the midst of program...
Insurance Department: Competition Increases in Louisiana Homeowners Market
May 15 2018 // The Louisiana Department of Insurance says the state’s homeowners insurance market is much more competitive these days than it was a decade ago. The LDI reported in its 2018 Agency Snapshot that in 2017, the...
