Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
San Francisco Considers Ending Ban Renting Homes
Apr 17 2014 // San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper...
Mississippi Withdrawing Lawsuit Over Flood Insurance Rates
Apr 17 2014 // Mississippi’s insurance regulator is withdrawing his lawsuit against the federal government after Congress voted to delay changes to the federal flood insurance program. Mississippi Insurance Commissioner Mike Chaney...
South Carolina Looks to Increase Home Mitigation Funding
Apr 17 2014 // South Carolina lawmakers are moving forward with a plan to increase grants to homeowners who strengthen their homes against storm damage. The South Carolina Senate Finance Committee approved the “Competitive...
Specialty Insurance Managers Launches High Value Homeowners Program
Apr 14 2014 // Specialty Insurance Managers Inc., a managing general agent based in Austin, Texas, has begun offering a new high value homeowners insurance program in Texas, New Mexico, Arkansas, Oklahoma, Missouri and Kansas, with plans...
Amica Mutual Offers Outdoor Spring Cleanup Tips for Homeowners
Apr 8 2014 // A long, cold winter has finally given way to spring, and it’s time to start cleaning up the yard and making other household repairs. Amica Mutual Insurance Company in Lincoln, R.I., reminds homeowners to consider six...
Maine Insurance Bureau Announces New Online Auto, Homeowners Resources
Apr 8 2014 // Maine Governor Paul R. LePage and Insurance Superintendent Eric Cioppa recently announced that the Bureau of Insurance now offers new online resources for consumers who want to compare auto and homeowners insurance...
Home-Elevation Grants Begin Flowing to N.J. Communities
Apr 7 2014 // A low-lying barrier island community north of Atlantic City is the first to be awarded state aid since Superstorm Sandy to help residents elevate their homes. New Jersey officials announced on April 4 they have approved...
Flooded Austin, Texas Homes to Be Demolished
Apr 7 2014 // Demolition has begun on some Central Texas homes left unlivable after flooding during deadly fall storms. The Austin American-Statesman reported that crews are concentrating on Onion Creek neighborhoods. Late October and...
Lincoln, Nebraska to Pay $127K to Homeowners for Sewage Flood Damage
Apr 7 2014 // The city of Lincoln, Neb., is paying thousands to more than a dozen homeowners whose basements were flooded with sewage. A water main break in the Belmont neighborhood of north Lincoln early New Year’s Day filled a...
New York DFS Becoming ‘National Player’ Among Insurance, Banking Regulators
Apr 7 2014 // On a June morning in 2012, New York bank examiners paid surprise visits to the offices of Ocwen Financial Corp., the biggest non-bank mortgage servicer. That break with tradition — examiners typically set up...
North Carolina Coastal Homeowners Weigh Self-Insuring for Floods Due to Premium Hikes
Apr 7 2014 // Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But with sharp increases in...
Mercury Ins. Lowers Homeowners Rates in Penn., Seeks to Grow Market Share
Apr 3 2014 // Mercury Insurance said the company is lowering its homeowners insurance rates for Pennsylvania residents by an average of 10 percent. The Los Angeles-based insurer said the rate reduction would help attract more...
Texas Brine Contractors Staying in Homes Near Louisiana Sinkhole
Apr 3 2014 // Texas Brine Co. has moved contractors working on the Bayou Corne-area sinkhole in Louisiana into three homes the company purchased from residents who left after the failure of a company-operated salt dome cavern. Texas...
Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes
Apr 2 2014 // Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners. Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1...
NYC Sandy Victims Frustrated at Delays in City’s Home Rebuilding Program
Apr 2 2014 // A year and a half after Superstorm Sandy decimated New York City’s coastline, a city-run program that was supposed to rebuild wrecked homes has only begun construction on three houses, and officials say they will...
Florida Homeowners Insurance ‘Bill of Rights’ Slowed by Fraud Measure
Mar 31 2014 // Florida’s chief financial officer went to the Legislature this spring with a simple request: grant additional protections to customers dealing with property insurance companies. But the push by Jeff Atwater is in...
North Carolina Coastal Homeowners Weigh Self-Insuring for Floods
Mar 27 2014 // Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But, with sharp increases in...
In Virginia, Over 20K People May See Flood Insurance Rate Hikes of Up to 25%
Mar 26 2014 // More than 20,000 Virginia homeowners and businesses could see their rates for flood insurance rise up to 25 percent as part of an attempt to put the troubled National Flood Insurance Program back on sound financial...
Florida Legislature Seeks to Entice Private Insurers to Sell Flood Policies
Mar 24 2014 // The Florida Legislature is moving forward on a plan to entice private insurance companies to sell flood policies in the state that’s the most vulnerable to storm surge. It’s not clear, though, that many private...
President Obama Signs Flood Insurance Relief Bill
Mar 24 2014 // Homeowners living in flood-prone areas are getting relief from big spikes in insurance costs under legislation President Barack Obama signed into law last Friday. Lawmakers from both parties supported the measure in...
