Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
West Virginia Begins Demolition of Flood-Ravaged Homes, Plans Town Recoveries
Aug 24 2016 // The West Virginia Army National Guard over the weekend began tearing down homes ruined by floods in June. Gov. Earl Ray Tomblin wants those communities to rebuild with a long-term focus on diversifying their...
FEMA Claims Mississippi Misused $30M in Funds to Retrofit Homes After Katrina
Aug 23 2016 // The Federal Emergency Management Agency says it won’t repay Mississippi for nearly $30 million spent to retrofit homes after Hurricane Katrina unless the state can prove the money was well spent. The state failed to...
North Carolina Court Upholds Commissioner’s 25% Rate Increase Rejection
Aug 22 2016 // North Carolina’s insurance commissioner had plenty of justification to reject a 2014 request by insurers to raise homeowners’ premiums by an average of 25 percent, the state Court of Appeals ruled Aug....
American Integrity Insurance Launches Umbrella Coverage for Florida Homeowners
Aug 19 2016 // Tampa-based American Integrity Insurance Co., a Florida property insurance company, has launched a new umbrella policy for Florida consumers and property insurance policyholders. The new coverage offers up to $5 million in...
Americans Put Too Much Faith in Homeowners Insurance
Aug 18 2016 // Too few Americans take steps to prepare for disasters and too many assume their home insurance policies will bail them out if one strikes. As disaster season peaks, a new national consumer survey commissioned by Trusted...
Collapsing Hill Has Some Homeowners in North Dakota Worried
Aug 17 2016 // Some homeowners in a Bismarck neighborhood are questioning the long-term safety of their houses after some backyards dropped as much as 7 feet in June. Jim Hopfauf is one of the homeowners affected by the collapsing hill...
Wildfire Destroys More than 100 Homes in Northern California
Aug 15 2016 // A wildfire stuck a Northern California town still recovering from a massive fire nearly a year ago, destroying more than 100 homes and forcing thousands to flee, authorities said Monday. Gusts kicked up flames on Sunday...
Florida Homeowners Insurer Olympus Adds Newby as VP of Claims
Aug 15 2016 // Olympus Insurance Co., a Florida homeowners insurer, has appointed Martin Newby as vice president of Claims. Newby will serve as Olympus’ senior claims executive responsible for the development, implementation,...
Court Upholds 25% Rate Increase Rejection for North Carolina Homeowners
Aug 8 2016 // North Carolina’s insurance commissioner had plenty of justification to reject a 2014 request by insurers to raise homeowners’ premiums by an average of 25 percent, the state Court of Appeals ruled August...
Homeowner Insurance Claim Severity Up 7% Due to Lightning in 2015
Aug 8 2016 // The number of homeowners insurance claims from lightning strikes in the United States fell in 2015. However, the total insurers paid on those claims rose by nearly 7 percent, according to the Insurance Information...
Alabama’s Coastal Insurance Shopper’s Guide
Aug 8 2016 // The Alabama Center for Insurance Information & Research (ACIIR), in partnership with Smart Home America and the Coastal Alabama Partnership, has released a new Alabama Coastal Insurance Shopper’s Guide to help...
Florida’s Homeowners Choice Secures Nearly $1B in Reinsurance
Aug 8 2016 // Homeowners Choice Property & Casualty Insurance Co. Inc., a Florida-based provider of homeowners insurance, has completed its reinsurance program for the 2016-17 reinsurance year, which runs from June 1, 2016, through...
North Carolina County Removing Thousands of Homes from Flood Zones
Aug 8 2016 // New maps for Dare County, N.C., are removing thousands of homes and lots from flood zones, creating a need to update local building codes that until now accounted for more rising water. The Virginian-Pilot of Norfolk...
What Features Have the Biggest Impact on Reconstruction Costs?
Aug 3 2016 // This post is part of a series sponsored by CoreLogic. Reconstruction cost, not market value or assessed value, is used by insurers to determine homeowner’s coverage limits and is an important factor in determining a...
Wildfires Threaten Homes in Central California
Aug 2 2016 // Crews contended with blistering temperatures Monday as they tried to beat back a wildfire that burned rural homes and forced hundreds of evacuations in California’s Central Valley, while cooler weather gave...
$880 Billion of Homes in Danger of Being Underwater, Literally
Aug 2 2016 // When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning. Rising...
North Carolina County Removing Thousands of Homes from Flood Zones
Jul 29 2016 // New maps for Dare County, North Carolina, are removing thousands of homes and lots from flood zones, creating a need to update local building codes that until now accounted for more rising water. The Virginian-Pilot of...
Mass. AG Says FAIR Plan to Pay $350K for Wrongly Cancelling Policies
Jul 26 2016 // The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it wrongly cancelled homeowners insurance policies over a four-year period, according to...
Louisiana Man Gets 10 Years for Arson Fire That Destroyed 3 Homes
Jul 25 2016 // A 33-year-old Raceland, La., man has been sentenced to 10 years in prison after pleading guilty to arson in a fire that destroyed three homes last summer in Gheens. The Daily Comet reports Treiston Pierron pleaded guilty...
California Wildfires Gut Homes, Force Evacuations
Jul 25 2016 // Thousands were forced to flee a wildfire burning in tinder-dry canyons in Southern California, authorities said. The fire has destroyed at least 18 homes in northern Los Angeles County. The blaze momentum two days after it...
