Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New Jersey Regulator: State’s Marketplace Is Strong, Vibrant
Jun 6 2016 // Richard J. BadolatoNew Jersey’s insurance marketplace is strong and continues to grow, with new market entrants bringing more competition and products for the benefit of consumers, the state’s top regulator...
Fitch: Florida Specialist Insurers Largely Untested By Hurricanes
Jun 2 2016 // The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from...
Tower Hill Insurance Launches Private Flood Program in Florida
Jun 2 2016 // Tower Hill Insurance has expanded its residential property insurance coverage offerings in Florida to include stand-alone flood policies with coverage up to $5 million. Standard coverage through the National Flood...
More than 6.8 Million US Homes at Risk of Hurricane Storm Surge Damage
Jun 1 2016 // This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value is More Than $1.5 Trillion Current projections for the 2016 hurricane season indicate that an average or slightly greater-than-average...
Atlantic, Gulf States, Metro Areas Ranked by Homes Exposed to Storm Surge: CoreLogic
Jun 1 2016 // More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The total cost for reconstruction of the homes located in 19 states and the District of Columbia is more than $1.5...
Flooded Homeowners Allege Negligence in Suit Against City of Houston
May 27 2016 // A citizen’s group and homeowners who have recently suffered repeat flood damage sued Houston, Texas, in federal court, alleging the city backed improvements at a commercial development they say were made without...
Tornadoes Destroy Homes in Western Kansas, Damage Assessment Begins
May 26 2016 // Crews were evaluating the damage Wednesday after tornadoes destroyed several homes and left two people critically injured in western Kansas as a series of severe storms swept across the Plains. Meanwhile, one person...
More than 200 Homes Damaged in Wyoming Flooding
May 26 2016 // Officials say four homes were destroyed and 200 more were damaged by flooding in Wyoming. The Ranger reported that the American Red Cross says flood waters in the Wind River Basin destroyed the Fremont County homes in...
PBS/NPR Documentary Adds to Criticism of Private Insurers, FEMA Over Profits on Flood Insurance
May 25 2016 // Private insurance companies working for the government’s flood insurance program have made hundreds of millions of dollars at the same time that thousands of homeowners are claiming they have been underpaid for...
Allstate Debuts Insurance Coverage for Homeowners Sharing Their Homes
May 25 2016 // In a move to serve customers who rent out their homes on a temporary basis, Allstate has filed plans to offer home-sharing protection in six states — Arizona, Colorado, Illinois, Michigan, Tennessee and Utah — starting...
Disaster Fraud Rampant After Floods, Hurricanes
May 24 2016 // This year, extensive flooding has already affected parts of Texas and Louisiana. With more rain producing floods in the forecast for the southern part of the U.S. this spring, the likelihood of disaster fraud...
Pennsylvania Regulator Offers Consumer Tips for Airbnb Users
May 23 2016 // Pennsylvania Insurance Commissioner Teresa Miller is offering consumer tips for both guests and hosts of home sharing sites like Airbnb, as use of these sites may rise in Pennsylvania with the state hosting two major...
Insurers Limit Earthquake Exposure in Oklahoma
May 23 2016 // As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has...
South Carolina Evaluating Policy Discounts for Homeowners
May 23 2016 // The South Carolina Department of Insurance (SCDOI) has issued a data call for property and casualty insurers writing residential property in the state in an effort to inform its coastal homeowners of the discounts...
10 Things to Know About Flood Insurance
May 23 2016 // A large percentage of agents’ errors and omissions claims arise from failure to offer flood coverage. By offering flood coverage at the point of the homeowner sale, in addition to offering protection to clients from...
More Than 400 Homes Wrecked by Superstorm Sandy Auctioned Off in New York
May 18 2016 // Matt Price and his wife, Carla, of Babylon, New York, are gambling that the devastation inflicted by Superstorm Sandy will be their key to the American dream of home ownership. The couple was among the successful bidders...
Partner Specialty Group Launches Online High Value Homeowners Facility
May 16 2016 // Partners Specialty Group, LLC has announced a new non-admitted online high value homeowners facility with limits in excess of $60 million. Appointed agents will be able to access the online portal and obtain quotes for the...
Toxic Metals Found in Los Angeles Homes Near Gas Leak: Study
May 16 2016 // Homes located near a gas well blowout that spewed the nation’s largest-known release of methane had higher levels of toxic metals that could have caused symptoms Los Angeles residents have suffered from for months,...
Insurers Limit Exposure as Quakes Increase in Oklahoma
May 13 2016 // As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has...
Ohio Insurer Group: April Storm Losses Estimated at $52.6-57.8M
May 12 2016 // The Ohio Insurance Institute reports that an early April storm that caused significant property losses in Ohio and several other states, caused as much as $57.8 million in insured losses in Ohio alone. According to the OII...
