Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield
Nov 17 2014 // Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes. Reinsurance broker Aon Benfield’s “2014 Homeowners ROE Outlook” concludes that insurers’...
Nearby Homes Catch Fire After Vacant House Explodes in Detroit
Nov 10 2014 // About a half-dozen homes in southwestern Detroit have been damaged or destroyed by fires that started after an explosion in a vacant house. Mayor Mike Duggan’s spokesman John Roach says investigators believe the...
Blue-Collar Workers Priced Out as Rich Snap Up Jersey Shore Homes
Nov 10 2014 // When Hurricane Sandy roared through New Jersey two years ago, it not only tore up the shoreline. It also pushed out much of the middle class. From Ocean City to Toms River, one-story cottages and bungalows damaged by the...
Report: 31% of Kansas Foreclosed Homes Are Vacant but Total Still Small
Nov 7 2014 // A company says a report that Kansas has one of the highest rates of vacant foreclosures in the country reflects the small number of foreclosures in the state, not problems in the housing market. RealtyTrac says Kansas has...
Homeowners No Longer Taking Back Seat to Auto for Insurers
Nov 3 2014 // Property/casualty insurers are increasingly using analytics as a tool to help with their homeowners’ pricing, reflecting a belief that the line could become a bigger growth engine than their auto business. At the...
Oklahoma Homeowners Benefit from Improved Fire Protection Rating
Oct 31 2014 // Homeowners in eastern Cleveland County in Oklahoma could soon pay less for property insurance as result of an improved Public Protection Classification (PPC) for the Cedar Country Fire Protection District, the Oklahoma...
A Guide to Homeowners’ Liability for Injury to Trick or Treaters
Oct 31 2014 // Halloween pranks. Google this phrase and more than 5 million results link you to a myriad of ways to “mess with peoples’ minds” on Halloween. Some of the recommended pranks require a higher education to...
Trends Support Positive Outlook for Homeowners Insurance: Aon Benfield
Oct 31 2014 // Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes.. Reinsurance broker Aon Benfield’s 2014 Homeowners ROE Outlook concludes that insurers’ prospective...
Anchor P&C Is Newest Florida Homeowners Insurance Carrier
Oct 30 2014 // Anchor Property and Casualty Insurance Co. became licensed by the Florida Office of Insurance Regulation (OIR) on Oct. 28 to write homeowners insurance business in the state. At the same time, the company has been approved...
Judge Dismisses Mass. AG Coakley’s Federal Housing Lawsuit
Oct 24 2014 // A federal judge has dismissed a lawsuit filed by Massachusetts Attorney General Martha Coakley against the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac, saying the court doesn’t have...
California Earthquake Authority Proposes to Lower Rates
Oct 23 2014 // The California Earthquake Authority on Thursday proposed an average 8 percent decrease in rates. CEA’s Advisory Panel recommended the rate decreases, along with additional coverage options in deductibles, discounts...
North Carolina Opens Hearing on Homeowners Rate Hike
Oct 22 2014 // North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with...
Feds Want Louisiana Road Home Money Back
Oct 20 2014 // New Orleans must return hundreds of millions of dollars paid in home elevation grants after Hurricane Katrina, the U.S. Department of Housing and Urban Development says. The department wants names of nearly 18,000...
N.J. Regulator: 99.4% of Non-Flood Sandy Claims Settled
Oct 20 2014 // Ken KobylowskiNew Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New...
Latest Colorado Hail Storm May Impact Insurance Industry Nationally
Oct 20 2014 // Colorado’s insurance industry is weighing its options after the latest hailstorm hit densely populated South Metro Denver — unusual for the Rockies in late September. What Coloradans might likely see down the...
Large Agencies More Optimistic About Future Growth: Vertafore Study
Oct 17 2014 // Optimism over the future growth potential of independent agencies ties closely to the size of the independent agency, with larger agencies feeling more optimistic about future growth than their smaller counterparts,...
Homeowners Sue Golf Course For Negligence in California Fire
Oct 17 2014 // A group of homeowners has sued a golf course owner for negligence, stemming from a wildfire that destroyed eight houses, two businesses and an apartment complex near San Diego. The lawsuit filed last week in San Diego...
N.J. Commissioner: 99.4% of Non-Flood Sandy Claims Settled
Oct 8 2014 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New Jersey, 99.4...
Insureds Rarely Have Home Inventories Despite Benefits, Say Claims Pros
Oct 6 2014 // Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. An Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of homeowners...
Millennials’ Dissatisfaction Rates Highest for Home Insurance
Oct 6 2014 // Gen Y customers – or Millennials – who comprise the largest group of homebuyers and renters in the United States, are more critical of their homeowners and renters insurance experiences than any other generational...
