Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Regulatory SOS: Leveraging Change to Succeed in the Flood Space
Apr 5 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 5, 2016- Change isn’t always easy. If you’re an insurance agent or WYO facing the April 1, 2016, regulatory changes to the National Flood...
UK’s Flood Re Launches to Bring Affordable Flood Cover to Homeowners
Apr 4 2016 // The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4). Designed to help provide access to affordable flood insurance cover for households at the...
Adding Client Value: Rounding Out Your Portfolio with Private Flood Insurance Options
Apr 4 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 4, 2016- As you may know, the world of flood is changing. As of April 1, 2016, the National Flood Insurance Program (NFIP) is implementing new changes...
Universal P&C Expands to New Jersey, New York
Apr 4 2016 // Universal Insurance Holdings Inc., an insurance holding company in Fort Lauderdale, Florida, is continuing its expansion into the Northeast. The company announced in March that its subsidiary Universal Property &...
Homes Damaged, Destroyed by Severe Storms in Arkansas
Apr 4 2016 // Three homes were damaged and another was destroyed in northwest Arkansas when severe weather swept through the area late on March 23. The Washington County Sheriff’s Office says damage was reported in Evansville,...
Riding Out the “Perfect Storm”: Navigating Change in Today’s Volatile Flood Insurance Market
Apr 1 2016 // John Dickson, President of NFS Edge Insurance Agency, Inc. April 1, 2016- If you are an insurance agent trying to survive in today’s competitive marketplace, you may have dipped your toes in the flood insurance...
Universal Insurance Subsidiary Writes First Homeowners Policy in Michigan
Apr 1 2016 // Universal Insurance Holdings Inc. subsidiary, Universal Property & Casualty Insurance Co. (UPCIC), has written its first homeowners insurance policy in Michigan, the company announced. The initial policy was written...
Maritime Program Group Launches Non-Admitted Homeowners Program
Apr 1 2016 // Maritime Program Group (MPG) has launched a new non-admitted homeowners program offered through its Private Client Services division. According Brian Botwinick, VP of Private Client services, the product is backed by...
Officials Raise the Number of Homes Destroyed in Kansas Wildfire
Mar 30 2016 // The biggest wildfire in Kansas history has been largely contained, but authorities said more homes were damaged than originally thought. The Kansas Adjutant General’s Office said that nine Barber County homes were...
Homes Damaged by Severe Storms in Northwest Arkansas
Mar 25 2016 // Three homes were damaged and another was destroyed in northwest Arkansas when severe weather swept through the area. The Washington County Sheriff’s Office says the damage was reported late on March 23 in Evansville,...
Florida Insurer Launches Company Offering Admitted, Standalone Flood Coverage
Mar 23 2016 // A Florida-based homeowners insurer has beefed up its flood insurance offering with the launch of a new flood-coverage only company called TypTap. The new company, a wholly owned subsidiary of Homeowners Choice Property...
Washington Officials Say 26 Homes in Chelan County at Risk of Landslide
Mar 21 2016 // Emergency management officials in Washington say a neighborhood of 26 homes near Wenatchee is at imminent risk for a landslide. The Chelan County Sheriff’s Office said Thursday the slope between 4900 and 5200...
HOT Markets: Drones, Cyber and More
Mar 21 2016 // Looking for new sales and opportunities in 2016? Here are a few of the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry this year. Sky’s...
Penn. Hails House Committee Passage of Private Flood Insurance Bill
Mar 17 2016 // Pennsylvania Insurance Commissioner Teresa Miller hailed a recent vote by the U.S. House of Representatives Financial Services Committee approving the Flood Insurance Market Parity and Modernization Act (H.R. 2901). Miller...
Water Starting to Recede from Homes in North Louisiana
Mar 15 2016 // Emergency officials in Louisiana and Mississippi were watching the rise of the Pearl River that divides the two states on March 14 amid widespread flooding that has damaged thousands of homes. In north Louisiana, the water...
HomeServices of America Acquires Minnesota’s PCG Agencies
Mar 14 2016 // HomeServices of America Inc., a Berkshire Hathaway affiliate, has acquired Minnesota-based PCG Agencies Inc., a large independent personal insurance agency. Terms were not disclosed. Headquartered in St. Paul, PCG offers a...
Travelers to Offer Homeowners Insurance Discount for Smart Home Devices
Mar 10 2016 // The Travelers Companies, Inc. will now provide a discount on homeowners insurance for eligible customers with qualifying smart home devices. Smart smoke detectors and security systems that alert homeowners through their...
North Texas Slammed by Storms: Homes Damaged, School Bus Stranded
Mar 9 2016 // A severe thunderstorm, possibly a tornado, damaged at least seven homes scattered over a rural area of North Texas. The storm roared through the area between Weatherford and Mineral Wells about 6:15 p.m. Monday at a time...
Washington Judge Orders Lender to Pay Homeowner $213K for Distress
Mar 8 2016 // A nationwide mortgage lender is appealing a $213,000 emotional distress judgment awarded to a Bellevue, Wash. mom who was fighting to keep her home. Leticia Lucero sued Cenlar after the company failed to notify lenders her...
California Commissioner, Allstate Agree to Homeowner Rate Reduction
Mar 7 2016 // California Insurance Commissioner Dave Jones reached an agreement last month with Allstate Insurance Co. and Allstate Indemnity Insurance to reduce the carrier’s homeowner insurance rates statewide by an average of...
