Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Hurricane Sandy Judges Demand Clearing of Settlement Roadblocks
Apr 28 2015 // Federal officials and flood insurance companies were chastised by a panel of New York judges for imposing delays on settlements with hundreds of Hurricane Sandy victims who alleged their claims were wrongfully denied or...
Tornado Damages Dozens of Homes in Ocala
Apr 23 2015 // Authorities say a tornado touched down in an area of north Florida where dozens of homes were damaged by wind and failing trees. The Ocala Star Banner reported that no one was injured but at least a half dozen homes...
Landlords in Michigan Town Must Ensure Renters Keep Homes Crime-Free
Apr 22 2015 // A new ordinance in Saginaw will require renters to pledge to keep their homes free of crime and puts landlords on the hook for making sure tenants obey the rules. The ordinance, dubbed the “crime-free lease...
Texas Home Insurers Seek Lawsuit Protection Despite Healthy Profits
Apr 22 2015 // Texas home insurers saw a third straight year of healthy profits in 2014 due to higher rates and fewer severe storms across the state. But The Dallas Morning News reports a rising tide of lawsuits filed by homeowners in...
