Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida Insurance Rates Still High Despite Several Storm-Free Seasons
Jun 1 2015 // Living in a (semi)-tropical paradise has a price – and apparently, not even going nine years without a major hurricane strike will change that. While Florida’s property insurance market has stabilized somewhat...
When Dogs Bite, Home Insurers Pay Average $32,000
Jun 1 2015 // Max, Bella and their canine comrades cause more than one-third of all home insurance claims, adding $530 million a year to insurance costs. And while the number of claims is down, the cost of the average claim from dog...
N.J. Gov. Christie Marks 300th Home Acquired Under Post-Sandy Program
May 29 2015 // New Jersey Gov. Chris Christie said Wednesday more than 300 homes have now been acquired by the state under a post-Superstorm Sandy buyout program, as he blasted other homeowners for refusing to give the state the right to...
5 Most Misunderstood Homeowners’ Coverage Concepts
May 29 2015 // Many are unaware that the Academy of Insurance has four “skills tests” available. Of the four, the personal lines skills test has proven to be the most popular. Here is a link to all four tests. From the...
Texas All Risk General Agency, Inc.’s Technology Brings Growth in Houston
May 28 2015 // Dallas, TX, May 28, 2015 – Following 3 years of exceptional results in personal lines, Texas All Risk General Agency, Inc. is again expanding it’s homeowners/dwelling fire aggregate in the Greater Houston...
Insurers Get Ready to Comply With New Mississippi Property Insurance Clarity Act
May 27 2015 // Property insurers in Mississippi have until October 1, 2015 to respond to the Mississippi Insurance Department’s (MID) first call for homeowners’ insurance policy data that will be used to satisfy the...
Homeowners in a South Dakota County Won’t See Flood Insurance Surcharge
May 22 2015 // More than 400 homeowners whose property lies along the Missouri River in southeast South Dakota are no longer facing a potential surcharge on their flood insurance. The Federal Emergency Management Agency had threated to...
Louisiana Tornado Injures 3, Damages 3 Homes
May 19 2015 // A 110-mph tornado in Tickfaw, La. injured three people, damaged eight houses and uprooted hardwood trees, authorities said. The twister hit about 3:30 a.m. Sunday in Tickfaw, which is about 50 miles northwest of New...
Industry Examines Potential Claims Issues Following Riots
May 18 2015 // Some 140 vehicle fires, more than a dozen structural fires and nearly 200 arrests were reported in the wake of Baltimore riots that shook the city in late April. And more than 200 businesses were damaged during the riots,...
Insurers Get Ready to Comply With New Mississippi Property Insurance Clarity Act
May 18 2015 // Property insurers in Mississippi have until October 1, 2015 to respond to the Mississippi Insurance Department’s (MID) first call for homeowners’ insurance policy data that will be used to satisfy the...
Fracking, Earthquakes and Insurance: A Collision Course?
May 18 2015 // There is increasing information suggesting that hydraulic fracturing, commonly known as “fracking,” is not all it’s cracked up to be. While it is clear that the resurgence of oil and gas production in the...
When Dogs Bite, Home Insurers Pay Average $32,000
May 15 2015 // Max, Bella and their canine comrades cause more than one-third of all home insurance claims, adding $530 million a year to insurance costs. And while the number of claims is down, the cost of the average claim from dog...
Sen. Schumer Warns N.Y. Homeowners About Flood Insurance Surcharge
May 12 2015 // U.S. Sen. Charles Schumer, D-N.Y., is urging the Federal Emergency Management Agency (FEMA) to make major changes to what he described as a new, unfair flood insurance rule that has led to the “misapplication of an...
FEMA to Ask Sandy Homeowners If They Want to Reopen Claims
May 8 2015 // Homeowners insured through the National Flood Insurance Program who think they were shortchanged for Superstorm Sandy damage are getting another chance for reimbursement. The Federal Emergency Management Agency will begin...
Louisville Ordinance Prevents Kentucky Homeowners from Repairing Flooded Homes
May 7 2015 // Gerald and Nancy Barton are in a fix. After an April 3 storm flooded their Louisville, Ky., home, they had to tear out the floorboards and the bottom half of the wallboards. But they can’t get the permits they need...
Allstate Says Profit Up 13% in Q1; Will Raise Auto Rates
May 6 2015 // Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said first-quarter profit rose 13 percent as margins improved at the property- liability business and catastrophe losses fell. Net income...
Industry Representatives Examine Potential Claims Issues Following Riots
May 6 2015 // Some 140 vehicle fires, more than a dozen structural fires and nearly 200 arrests were reported in wake of the Baltimore riots that shook the city last week. And more than 200 businesses were damaged during the riots,...
Mississippi AG Sues Over State Farm Katrina Claims
May 4 2015 // Mississippi Attorney General Jim Hood has sued State Farm Fire and Casualty Co. for allegedly shifting hundreds of millions of dollars in Hurricane Katrina wind claims to the state by mislabeling them flood claims. The...
Penn. Nixes Fracking Exclusions in Earthquake Endorsements
May 4 2015 // The Pennsylvania Insurance Department issued a notice telling insurance companies that earthquake endorsements to homeowners insurance policies in Pennsylvania cannot exclude coverage for earthquakes that may be caused by...
N.J. Consumers to Get 1-Page Homeowners Policy Summary
May 4 2015 // The New Jersey Department of Banking and Insurance announced that starting in June, New Jersey consumers buying or renewing homeowners, condominium, mobile home, renters or dwelling fire insurance policies will receive a...
