Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Earthquake Gap: Insurance Sales Falling As Risk Rises
Aug 19 2014 // While earthquake risks are rising in the U.S., fewer homeowners nationally say they have earthquake insurance, creating a potentially huge gap in coverage, according to the Insurance Information Institute. That’s a...
Insureds Rarely Have Home Inventories Despite Benefits, Say Claims Pros
Aug 18 2014 // Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. A recent Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of...
‘Three-Strikes’ Law Proposed for Nursing Homes in Texas
Aug 18 2014 // Texas nursing homes that thrice commit egregious oversight offenses could be shuttered under a plan proposed by state lawmakers. The Texas Sunset Advisory Commission recommended the crackdown at its recent meeting in...
California Insurance Agent Faces 96 Felony Counts
Aug 15 2014 // Jacob Richard Bonzer, 27, formerly of Lake Forest, Calif. was arrested Wednesday in Chicago by a U.S. Marshals Task Force on 96 felony counts including grand theft, forgery and denial of benefits. According to a joint...
How Much Credit Score Effect on Home Insurance Premiums Varies by State
Aug 14 2014 // Homeowners with poor credit pay 91 percent more for homeowners’ insurance than people with excellent credit, according to a study by an online insurance shopping service. The report by insuranceQuotes.com also found...
Vermont Family in Bed Bug Case Sues Homeowners Insurer
Aug 12 2014 // A Vermont couple who reached a $450,000 settlement with the state after saying their home was made uninhabitable when it was sprayed for bed bugs with a banned pesticide is now suing their insurance company. Neil and...
New Jersey City to Reimburse Homeowner for Sewer Backup Damage
Aug 8 2014 // The City Council of Clifton, New Jersey, has voted to reimburse a homeowner after the city’s sewage test flooded a basement, ruining a joint birthday celebration and flooring that was put down the day...
N.J. Accelerates Disbursement of Federal Sandy Aid for Homeowners
Aug 7 2014 // New Jersey state officials say they have accelerated spending on housing programs from federal aid sent to New Jersey to rebuild after Superstorm Sandy amid improvements to a big program that got off to an uncertain start...
Wildfires Burn Structures, Threaten Homes In California, Oregon, Washington
Aug 5 2014 // Two wildfires that burned or threatened hundreds of homes in Northern California were bearing down on a small town as they plowed through more than 100 square miles of drought-stricken brush, and Tuesday brought a chance...
Improved Fire Rating to Cut Home Insurance Costs in Louisiana Town
Aug 4 2014 // Homeowners in the Grand Chenier area will be paying less for fire insurance starting in August because of a higher rating awarded to the local fire district. The American Press reported the rating for Cameron Parish Fire...
New Force-Placed Insurance Rules Prompt $100 Million Agency Sale
Aug 4 2014 // One of the country’s largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn’t appear to exist. Harwood Service Co. has...
ICAT Launches a New California Homeowners Earthquake Product
Aug 4 2014 // BOULDER, CO – (August 4, 2014) – ICAT, a leading provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the United States, is pleased to announce the launch of its...
Opportunities Abound in High-Value Home, Condo Segment
Aug 4 2014 // The high-value homeowners and luxury condo markets have become competitive arenas to play in, with several new programs and companies in the past few years. But experts say agents and brokers shouldn’t be deterred by...
Could Citizens Become Too Competitive in Florida?
Aug 4 2014 // Florida’s state-backed property insurer’s proposed rate reduction is raising questions about whether it will make the insurer competitive with the private market. Citizens Property Insurance Corp. recently...
6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic
Aug 4 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
South Carolina Mandates Home Insurance Education, Disclosure
Aug 4 2014 // South Carolina Insurance Director Ray FarmerSouth Carolina Insurance Director Ray Farmer has issued a bulletin drawing the industry’s attention to the provisions of the Competitive Insurance Act passed this year. The...
New Suit Filed in Louisiana Claims Chinese Drywall Destroyed Homes
Aug 1 2014 // Lawyers for people who say their homes were wrecked by defective drywall made in China have filed a new lawsuit against the manufacturers and a new defendant — the Chinese Cabinet agency that oversees the country’s...
Senate Committee Holds Hearing on Flood Claims Process After Sandy
Jul 30 2014 // A U.S. Senate committee today conducted a hearing titled “The Flood Insurance Claims Process in Communities After Sandy: Lessons Learned and Potential Improvements,” where lawmakers had a chance to listen to...
Weekend Storm Destroys Homes in Tennessee; No Injuries Reported
Jul 29 2014 // Powerful storms that raked across several states in the eastern U.S. on Sunday destroyed at least 10 homes in Tennessee, but there were no immediate reports of any deaths or injuries, authorities said. Spokeswoman Gina...
California Wildfire Destroys 13 Homes, Hundreds of Homes at Risk
Jul 28 2014 // Firefighters in Northern California made progress Sunday against a wildfire that has destroyed 13 homes and forced hundreds of evacuations in the Sierra Nevada foothills, while a fire near Yosemite National Park that...
