Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Chubb Survey: Attic Storage Can Cause Homeowner Grief, Hazards
Dec 4 2014 // Homeowners who don’t pay attention to what’s going on in their attics can face costly damage that can spread throughout their entire home, warns a new survey sponsored by the Chubb Group of Insurance...
10 things to Know About Winter Risk
Dec 1 2014 // Standard homeowners and renters policies cover winter-related disasters such as burst pipes, ice dams and wind damage caused by weight of ice or snow, as well as fire-related losses. Water damage and freezing account for...
2014 State Specialist P/C Insurers Revealed
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Removing Barriers to More Private Flood Insurance
Dec 1 2014 // A House Financial Services subcommittee recently held hearing to focus attention on legislation sponsored by two Florida representatives who want to encourage more flood insurance sales by private insurers as an...
Don’t Let Sinkhole Coverage Fall through the Cracks
Nov 26 2014 // This post is part of a series sponsored by CoreLogic. Owning a home is one of the largest investments most Americans will ever make and yet few homeowners understand that comprehensive sinkhole coverage is not part of a...
FHA Chief Watt Says Force-Placed Home Insurance Changes ‘Tough’
Nov 24 2014 // The Federal Housing Finance Agency has yet to deliver on changes to a controversial type of homeowners’ insurance even as its director told the Senate Banking Committee last week that it’s making...
When P/C Insurance Carriers Can Cancel: The ‘Underwriting Period’ by State
Nov 21 2014 // Every state extends insurance carriers the right to cancel a newly-written policy during the first days of the policy period. This is commonly known as the new policy “underwriting period.” An underwriting...
Conn. Court: Enfield Homeowner Not Liable in Icy Sidewalk ‘Slip and Fall’ Case
Nov 19 2014 // Connecticut’s Supreme Court ruled Monday that property owners can’t be sued for injuries suffered when someone slips on an icy sidewalk in front of their home or business, unless their town has a specific law...
House Subcommittee Renews Call for Private Flood Insurance
Nov 19 2014 // A House Financial Services subcommittee scheduled a hearing for today to focus attention on encouraging flood insurance sold by private insurers as an alternative to policies sold by the National Flood Insurance Program...
Large Agencies More Optimistic About Future Growth: Study
Nov 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,...
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...
