Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Conn. Warns Insurers Not to Terminate Home Policies Over Foundation Problems
Oct 13 2015 // The Connecticut Insurance Department sent a notice to insurers writing homeowners insurance in the state, notifying them they are not allowed to cancel or non-renew homeowners policies based on foundation...
Colorado Judge Approves $7M Award for Homes on Sinking Soil
Oct 13 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...
Global Property Insurance Premiums Top $360 Billion: Finaccord Survey
Oct 12 2015 // As of the end of 2014 the worldwide property insurance market was worth $360.5 billion in gross written premiums with household (homeowners’) policies making up 54 percent of this total, according to a survey...
New England Flood Insurance Launches Flood Coverage for Homeowners
Oct 9 2015 // New England Flood Insurance (NEFI) is now offering flood insurance to homeowners in New England. Coverage is underwritten by NEFI and backed by an A rated carrier and is not affiliated with the National Flood Insurance...
Gen Y Insurance Customers Are Not Happy Bundlers
Oct 5 2015 // The insurance industry has some work to do to win over Gen Y customers, those ages 21 through 38. Members of the Gen Y generation, who were born between 1977 and 1994, are less satisfied with their homeowners insurers than...
Oregon Homes Demolished Without Proper Asbestos Removal
Oct 5 2015 // Contractors have been tearing down hundreds of Portland homes without properly removing the asbestos inside, a practice that ignores state regulations and could put workers at risk. An investigation by The Oregonian found...
Oregon Homes Demolished Without Proper Asbestos Removal
Sep 28 2015 // Contractors have been tearing down hundreds of Portland homes without properly removing the asbestos inside, a practice that ignores state regulations and could put workers at risk. An investigation by The Oregonian found...
Tornado Damages 10 Homes in South Carolina Neighborhood
Sep 28 2015 // A tornado quickly blew through a neighborhood on the South Carolina coast early Friday and blew out windows, knocked down trees and heavily damaged ten homes. The tornado touched down around 1 a.m. with maximum winds of...
Hyundai Fire & Marine Enters California Homeowners Market
Sep 24 2015 // King Insurance has created a strategic partnership with Hyundai Marine & Fire Insurance Co. to sell Hyundai’s recently filed, California Homeowner Insurance products. Policies will be sold through King’s...
California Blazes Destroy 2,000-plus Homes, Curb Insurer Appetites
Sep 23 2015 // A pair of massive California wildfires that have destroyed more than 2,000 structures are now considered among the most damaging fires in state history, and they could change the way insurers view risk or conduct...
Galveston Razing Hurricane Ike-Damaged Homes
Sep 22 2015 // Galveston is moving on from repairing and rebuilding homes damaged from Hurricane Ike to demolishing homes left dilapidated by the storm that devastated the Texas coastal island seven years ago this month. John Simsen, the...
Californians Pushed by Wildfires into High-risk Insurance Market
Sep 21 2015 // There are lots of reasons people live in California’s Modjeska Canyon. Nestled against the mountains and abutting the Cleveland National Forest, the area has abundant wildlife and access to nature, yet is just a 20...
Mass. Senate Panel to Examine Recent Hikes in Home Insurance Rates
Sep 21 2015 // A Massachusetts Senate panel is examining recent hikes in homeowner insurance rates in Massachusetts. The Senate Post Audit and Oversight Committee has called insurance company officials and state regulators to testify at...
Tornadoes Damage Homes Along Kansas/Missouri Border
Sep 21 2015 // A pair of tornadoes along the Kansas-Missouri border with speeds of up to about 110 mph damaged homes and caused minor injuries, officials said. The first twister touched down around 6:30 p.m. Friday about 40 miles south...
California Wildfires Destruction Total Now Tops 1,000 Homes
Sep 21 2015 // It has been several days since two huge wildfires in Northern California peaked in their ferocity, yet the damage they did is still being revealed daily. The tally of homes destroyed topped 1,000 on Saturday after...
Citizens’ 2016 Rates Approved With Minor Adjustments
Sep 21 2015 // The Florida Office of Insurance Regulation approved a slate of 2016 property insurance rates for Citizens Property Insurance Corp. In an order signed September 8 by Florida Commissioner Kevin McCarty, FLOIR set the rates...
