Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
President Obama Will Sign Flood Insurance Relief Bill
Mar 16 2014 // President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills. The legislation, which cleared Congress on Thursday,...
Jersey Shore Residents Hail Passage of Flood Insurance Relief Bill
Mar 15 2014 // Sue Suebelka, who had little fish swimming among the shelves of her new refrigerator, won’t have to pay quite as much for flood insurance. Kim Ely, who still washes dishes in a bucket and eats dinner from a microwave...
Mass. House OKs Bill to Soften Impact of Flood Insurance Rules
Mar 13 2014 // The Massachusetts House on Wednesday unanimously approved a bill designed to soften the impact of new federal flood insurance rules on many of the state’s coastal homeowners. The measure, sponsored by Democratic...
Senate Approves Bill to Curb Flood Insurance Hikes
Mar 13 2014 // The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner Flood...
Top 5 States for Auto, Home Insurance Rate Hikes in 2013: Perr&Knight
Mar 12 2014 // Personal auto insurance companies increased their rates by an average of 2.5 percent countrywide in 2013, while home insurers increased their rates by an average of 5.1 percent, according to figures compiled from...
10 Things to Know About Home & Auto
Mar 10 2014 // New Jersey is the most expensive state for auto insurance where the average expenditure is $1,183.95. Idaho is the least expensive with an average expenditure for coverage at $535.15. – Insurance Information Institute...
4-State PIA Survey Shows Prices Rising, But at Slower Pace
Mar 10 2014 // In January 2014, the Professional Insurance Agents (PIA) affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not...
Recalling the Florida Sinkhole Tragedy
Mar 10 2014 // Chuck Holloway didn’t sleep well for a week after a sinkhole swallowed his neighbor Jeffrey Bush in Seffner last year. “And neither did anyone else around here,” he said from his front patio. February 28...
North Carolina to Hear Homeowners Increase
Mar 10 2014 // North Carolina Insurance Commissioner Wayne Goodwin has scheduled a hearing on August 6 in Raleigh on insurers’ request to raise homeowners insurance rates an average of 25.3 percent. Goodwin said the proposed rates...
N.J. Senate Pres. Calls for More Sandy Aid Funds for Homeowners, Renters
Mar 7 2014 // New Jersey Senate President Stephen Sweeney has crafted his own plan for how the second round of Superstorm Sandy recovery funds is distributed. The Democrat’s plan calls for more funds to flow to homeowners and...
Private Market Could Grow As Government Flood Insurance Prices Rise: Fitch
Mar 6 2014 // As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for private flood coverage could also rise, according to Fitch Ratings. However, it remains to be seen...
State Farm Wants to Increase Homeowners Business in Florida… a Bit
Mar 6 2014 // One of Florida’s largest homeowner insurers has announced it will once again begin writing new business in the state, just several years after canceling a substantial portion of its book of business. State Farm...
Vertafore, StoneRiver Partnership Aims to Make Selling Flood Insurance Easier
Mar 5 2014 // Insurance software firm Vertafore has formed a partnership with flood insurance policy processing firm StoneRiver National Flood Services (NFS) to provide independent agents a new way to quote and cross-sell flood...
U.S. Congresswoman: Flood Insurance Bill Bad for Michigan
Mar 5 2014 // A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it’s not good for Michigan homeowners. U.S. Representative Candice Miller (MI-10) voted against H.R. 3370,...
House Passes Flood Insurance Bill; Key Senators Sign On
Mar 4 2014 // The U.S. House of Representatives Tuesday evening passed legislation to curb some of the premium increases in the nation’s flood insurance program that have been causing “sticker shock” for property...
JPMorgan $300M Settlement Over Force-Placed Insurance Approved
Mar 3 2014 // A U.S. judge approved a settlement Friday of a class-action lawsuit against JPMorgan Chase for its force-placed insurance practices, an agreement that could pay more than $300 million to about 750,000 mortgage...
AG Coakley Testifies in Support of Flood Insurance Bill in Massachusetts
Feb 28 2014 // Concerned that increased insurance rates caused by new flood zone maps will “tip the balance” for homeowners who weathered the economic downturn but are still feeling its effects, Massachusetts Attorney General...
Florida Sinkhole Tragedy: One Year Later
Feb 28 2014 // Chuck Holloway didn’t sleep well for a week after a sinkhole swallowed his neighbor Jeffrey Bush in Seffner last year. “And neither did anyone else around here,” he said from his front patio...
Northeast PIA Survey Shows Prices Rising, But at Slower Pace
Feb 24 2014 // In the first month of 2014, the PIA affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their second-annual Market Trends Survey and found that the heralded hard market may not be launching as...
House Republicans Release Flood Insurance Relief Bill
Feb 24 2014 // House GOP leaders last week put the final touches on legislation that would significantly water down a recently enacted overhaul of the much criticized federal flood insurance program, easing many premium increases and...
