Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Wildfires, and Now El Niño May Boost Californian’s Appetites for Surplus Lines
Nov 3 2015 // There’s little question that the drought and the recent wildfire season that it unleashed pushed more California homeowners into the surplus lines market. Now with the onset of what appears to be a strong El Niño...
A Landslide of Bad Ideas
Nov 2 2015 // Landslides are a problem for which the United States has yet to come up with an answer. A recent essay by Penn State University law professor Christopher C. French – titled “Insuring Landslides: America’s...
Connecticut Warns Homeowners Insurers
Nov 2 2015 // The Connecticut Insurance Department sent a notice to insurance companies writing homeowners insurance in the state on Oct. 6, notifying them that they are not allowed to cancel or non-renew homeowners policies based on...
Outlook for Homeowners Insurance Market Improves: Report
Nov 2 2015 // The outlook for the U.S. homeowners market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield. A new report by Aon Benfield...
Homeowner Files Lawsuit Against Four Seasons Resort in Hawaii
Oct 30 2015 // A homeowner at the Four Seasons Resort Hualalai in Hawaii is suing the resort and its developers, alleging he and others have been subjected to an unfair raise in prices and overcrowded facilities. The suit filed by...
Halloween and Legal Liability for Ghosts, Ghouls, Goblins, and Other “Guests”
Oct 30 2015 // “Halloween pranks.” Google this phrase and more than 5 million results link to a myriad of ways to “mess with peoples mind” on Halloween. Some recommended pranks require a higher education to...
New British Insurance Premium Tax Hike Could Further Squeeze Insurer Margins
Oct 30 2015 // A tax hike on British motor and home insurance policies effective from Sunday is set to hit consumers and could trigger a fresh round of margin-squeezing price competition among general insurers. The jump in the insurance...
South Carolina Homeowners Face Expensive Repairs to Unsafe Dams
Oct 30 2015 // People who live around dozens of lakes in South Carolina are under emergency orders to repair or replace dams that ruptured or were deemed unsafe by inspectors after the historic rains this month, and they face staggering...
Shortchanged Sandy Victims Get More Flood Insurance Cash After Claims Review
Oct 29 2015 // Many people who complained a federal insurance program shortchanged them after Superstorm Sandy swamped their homes are getting some validation three years later in the form of cash. A Federal Emergency Management Agency...
Outlook for Homeowners Insurance Market Improves: Aon
Oct 27 2015 // The outlook for the U.S. homeowners insurance market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield. A new report by Aon...
The Hartford Earnings Fall in Q3
Oct 27 2015 // The Hartford reported core earnings of $364 million for the three months ended Sept. 30, a 24 percent or $113 million decrease from core earnings of $477 million in third quarter 2014. The insurer said the decrease was...
Celebrities’ Mexican Holiday Homes Pummeled by Hurricane Patricia
Oct 27 2015 // Mexico may have dodged a bullet from the fury of Hurricane Patricia, but jet setters like Bill Gates, Gwyneth Paltrow and Cindy Crawford will have to find a new playground for now after the storm ravaged some of the...
N.J. Lawmakers: FEMA Maps May Have Exaggerated Flood Risk Across State
Oct 26 2015 // New Jersey’s Congressional delegation members sent a letter to the Federal Emergency Management Agency (FEMA) on Oct. 23, expressing “significant concerns with the methodology” of the Flood Insurance Rate...
Trial Ordered for Penn. Homeowner Accused of Arson, Brother’s Death
Oct 26 2015 // A Pennsylvania man has been ordered to stand trial on charges that he paid his brother to set fire to his northeastern Pennsylvania home as part of an insurance scam, a blaze that claimed his brother’s life. A...
Best Affirms Munich Re and Subs Ratings; Outlook Stable
Oct 23 2015 // A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit ratings of “aa-” of Munich Reinsurance Company and its subsidiaries. Best has also affirmed the...
68 Homes Burned in Central Texas; Wildfire 80% Contained
Oct 22 2015 // Residents forced from their homes by a 7-square-mile Central Texas wildfire have been allowed to return to the evacuation zone — some to return to their homes, some to count their losses. The Texas A&M Forest Service...
ICT: Less than 25% of Texas Homeowners Carry Flood Insurance
Oct 22 2015 // Most Texas homeowners are unprotected when it comes to flood damage, a state insurance trade group says. Less than 25 percent of Texas homeowners carry flood insurance despite the risks of massive downpours that could...
Mass. to Hold Public Hearings on Homeowners Insurance Marketing & Sales
Oct 20 2015 // Massachusetts state insurance officials are going on the road with a series of public hearings to explore how homeowners insurance is sold in Massachusetts. The Massachusetts Division of Insurance says the hearings will...
Some Central Texans Returning to Homes in Fire-Ravaged Area
Oct 19 2015 // Firefighters in Central Texas are halfway to controlling a wildfire that’s destroyed dozens of homes, and authorities said on Oct. 17 that enough progress has been made to allow some residents to return to their...
Colorado Judge Approves $7M Award for Homes on Sinking Soil
Oct 19 2015 // A Colorado judge has upheld an arbitrator’s award of more than $7 million to 20 homeowners at a golf course subdivision near Glenwood Springs whose properties were constructed on a soil linked to sinkholes and...
