Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Southeast Regulation Report Card: North Carolina Flunks; Florida, South Carolina Dispute Grades
Dec 22 2016 // North Carolina ranks the worst of all 50 states when it comes to insurance regulation, according to a 2016 insurance regulation report card by an insurance industry think tank. The R Street Institute’s 2016 Insurance...
West Regulation Report Card: California Most Politicized State
Dec 22 2016 // A report gives California’s insurance regulatory environment low marks for auto body repair rules, the insurance commissioner’s call for insurers to divest from coal, its prior approval law and being the...
East Regulation Report Card: Vermont Ranks Best for 3rd Straight Year
Dec 22 2016 // The R Street Institute, a nonprofit public policy research organization headquartered in Washington, D.C., has found that Vermont has the best insurance regulatory environment in the U.S. for the third straight year in its...
Vertus Insurance Launches Supplemental Catastrophe Insurance in Florida
Dec 20 2016 // Florida-Based managing general underwriter Vertus Insurance Partners has launched a supplemental insurance policy targeting homeowners in hurricane prone states. Available now in Florida, CAT4Home will provide complete...
Florida Ruling Against Insurer in Concurrent Loss Case ‘Not a Surprise’
Dec 19 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the...
‘Disruptor’ Hippo in California Raises $14M in New Funding Round
Dec 14 2016 // Mountain View, Calif.-based startup Hippo today announced it has closed a $14 million Series A round. The funding was led by Horizons Ventures, which invests in disruptive technology and startups. It was joined by RPM...
North Carolina High Court Dismisses Insurer Rate Increase Request
Dec 12 2016 // North Carolina’s Supreme Court is rejecting efforts by insurance companies to raise homeowners’ premiums. The state’s highest court on Friday dismissed arguments by the group that represents North...
A Conciliatory Airbnb Offers Guidelines for Cities’ Homesharing Regulation
Dec 9 2016 // In a moment of peace-making with regulators, Airbnb on Wednesday released a set of policy suggestions for governments that are considering new laws for home- and apartment-renting. The document, which comes on the heels of...
Private Flood Insurance a Focus for Pennsylvania Insurance Department in 2017
Dec 8 2016 // The Pennsylvania Insurance Department has a plan to continue furthering its initiatives within the private flood insurance market in 2017. This comes after the North Central part of the state of Pennsylvania saw flooding...
Florida Supreme Court Rules Against Insurer in Concurrent Loss Case
Dec 6 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the...
Rutgers Law School in New Jersey Launches Project to Improve Homeowners Insurance
Dec 5 2016 // The Rutgers Center for Risk and Responsibility at Rutgers Law School in Camden, N.J., in collaboration with United Policyholders, is seeking to improve homeowners insurance nationally through its recently launched national...
Tennessee Fire Forces Thousands to Evacuate, Destroys Hundreds of Homes
Dec 1 2016 // With flames dripping from tree branches and the air filled with embers, thousands of people raced through a hellish landscape as they fled wildfires that killed three people and destroyed hundreds of homes and a resort in...
7 Injured in Fire that Damaged 3 Homes in New Jersey
Nov 23 2016 // Seven people have been injured, four critically, in a fire that swept through three homes in Woodbury, N.J. One of the homes collapsed after the fire that started around 3:30 a.m. Monday in a home on Mehorter Boulevard and...
Q&A: Deloitte Insurance Expert Discusses Hurricane Season and Flood Insurance
Nov 22 2016 // Powered by InsuranceJournal.tv Although Atlantic hurricane season ends in November, cleanup from any damage seen on the East Coast could last beyond the end of the season. Some coastal areas, such as Virginia Beach, were...
Palomar Specialty, Cabrillo Coastal Launch Homeowners Program in Mississippi
Nov 22 2016 // Palomar Specialty Insurance Company has partnered with Cabrillo Coastal General Insurance Agency, LLC to offer coastal homeowners insurance in Mississippi. Palomar Specialty is currently offering homeowners coverage...
How Tech Can Turn the Tide of Flood Insurance
Nov 21 2016 // As residents of coastal Louisiana, New York and New Jersey have discovered, a house with a sea view can carry a serious and soggy downside. In terms of storms and their severity, a building’s location has never...
AG Defends California Insurance Commissioner’s Regulatory Move
Nov 21 2016 // The California Supreme Court heard oral arguments this month, during which the Attorney General’s office in a suit filed by the insurance industry defended a regulatory move by Insurance Dave Jones. The regulation...
Crews Protect 60 Virginia Homes from Wildfires, but Blazes Continue
Nov 18 2016 // Virginia is one of several southern states battling forest fires caused by humans and fueled by drought. Ed Stoots of Virginia’s Forestry Department said Wednesday that crews have fought up to 20 blazes in more than...
Rutgers Law School in New Jersey Launches Project to Improve Homeowners’ Insurance
Nov 17 2016 // Rutgers Law School’s Camden, N.J., location, in collaboration with United Policyholders, is seeking to improve homeowners’ insurance nationally through its recently launched project. The Rutgers Center for Risk...
Velocity Risk to Write Texas Coastal Wind-Only Homeowners Policies
Nov 16 2016 // Nashville, Tenn.-based Velocity Risk Underwriters announced it is offering coastal wind-only homeowners insurance policies for customers that may otherwise be insured in the Texas Windstorm Insurance Association...
