Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
The ‘Switching’ Economy: Consumers Open to Buying Insurance from Google, Amazon, Verizon
Feb 7 2014 // New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying...
Home Insurer Universal P&C to Enter Indiana, Minnesota, Delaware
Feb 6 2014 // Universal Property & Casualty Insurance Co. (UPCIC), headquartered in Florida, has applied to expand into Indiana, Minnesota and Delaware. UPCIC is one of the leading writers of homeowners insurance in Florida and a...
Allstate Sees No Need for Big Homeowners Rate Increases
Feb 6 2014 // Allstate Corp. aims to grow its share of the U.S. home and auto insurance markets without the need for “abnormally large” rate increases, its CEO said, after the company’s profit more than doubled in the...
Western U.K. Homes Remain Powerless after Storms Batter Coast
Feb 6 2014 // Hundreds of homes in western England and Wales remained without power today after storms cut lines and damaged railway tracks. About 280 households had electricity cuts as of 8:30 a.m. U.K. time, said Western Power...
Chubb Sharing Economy Poll: 36% Open to Renting Others’ Homes for Vacation
Feb 5 2014 // More than one-third (36 percent) of Americans would rent someone else’s home for vacation, but far fewer (20 percent) would rent out their own home to others, according to a new survey sponsored by the Chubb Group of...
Florida Home Insurer Universal P&C to Enter Indiana, Minnesota, Delaware
Feb 4 2014 // Florida-based Universal Property & Casualty Insurance Co. (UPCIC) has applied to expand into Indiana, Minnesota and Delaware. UPCIC is one of the leading writers of homeowners insurance in Florida and a fully licensed...
Florida’s ‘Operation Leaky Pipes’ Leads to 12 Insurance Fraud Arrests
Feb 4 2014 // Florida CFO Jeff Atwater said an ongoing insurance fraud investigation known as “Operation Leaky Pipes” has led to the arrests of 12 Miami residents. He said the investigation uncovered a scheme between a...
Key House Republicans Oppose Delaying Flood Insurance Increases
Feb 4 2014 // The effort to delay huge increases in insurance premiums for homeowners in flood-prone areas faces a skeptical House chairman who is largely standing behind the changes Congress oversaw in the nation’s flood...
Insurer Group: Texas Auto, Homeowner Complaints at a Record Low
Feb 3 2014 // In 2013, Texas drivers and homeowners filed the fewest number of complaints against their insurance companies since the Texas Department of Insurance (TDI) began keeping records, the Insurance Council of Texas...
Mississippi Bills Seek More Insurance Company Cost Disclosure, Deductibles Regulation
Jan 31 2014 // Mississippi lawmakers could require insurers to disclose how much they collect in premiums and how much they pay in claims in each ZIP code under a bill advancing in the state legislature. House Bill 753 could spark more...
Senate Passes Flood Insurance Delay, Agent Licensing Bill
Jan 30 2014 // The Senate passed a bill Thursday to delay certain flood insurance rate hikes and create a national registry for licensing insurance agents by a vote of 67-32. (See how senators voted at end of story.) The bill delays the...
Homeowners of America Insurance Co. Offering Flood Coverage in Texas
Jan 29 2014 // Homeowners of America Insurance Co. (HOAIC), a Texas-based property and casualty insurance company, is expanding its products to offer flood insurance to its policyholders in Texas. Homeowners of America flood insurance...
Conn. Officials Reject $18M Aid Request for Elevating Shoreline Homes
Jan 29 2014 // Connecticut officials have rejected $18 million in requests for the latest round of Superstorm Sandy aid from shoreline homeowners who want to use the emergency funding to elevate their homes to avoid future storm...
Why Obama Should Support Delaying Biggert-Waters Flood Insurance Hikes: Opinion
Jan 28 2014 // The following is an opinion from Michael Hecht, president and CEO of Greater New Orleans Inc. and the Coalition for Sustainable Flood Insurance, regarding the White House’s opposition to the Homeowner Flood Insurance...
North Carolina Regulator Receiving Comments on 25% Home Insurance Hike
Jan 28 2014 // North Carolina homeowners are looking at insurance cost increases averaging 25 percent starting in August if the state’s regulator goes along, and his office heard Friday from some of those upset about the prospect...
Case Before Ohio Court May Impact Future Coverage for Fracking Liability
Jan 27 2014 // The oil drilling technique known as hydraulic fracturing, or fracking, has been blamed – rightly or wrongly – for various hazards ranging from earthquakes to water pollution. While the technique has generated a lot of...
Case Before Ohio Court May Impact Future Coverage for Fracking Liability
Jan 27 2014 // The oil drilling technique known as hydraulic fracturing, or fracking, has been blamed – rightly or wrongly – for various hazards ranging from earthquakes to water pollution. While the technique has generated a lot of...
North Carolina Insurers Stand By 25.3% Home Insurance Bid
Jan 27 2014 // Despite urging by the state’s insurance commissioner that they withdraw their bid, North Carolina homeowners insurers are unlikely to withdraw their request for a 25.3 percent average rate hike. The data supports the...
Florida Homeowners Market ‘More Competitive,’ McCarty Finds
Jan 27 2014 // Homeowner insurance rates are finally coming down in Florida nearly a decade after the last hurricane hit, the state’s insurance commissioner says. But the report by Insurance Commissioner Kevin McCarty also showed...
Homeowners Rate Hike Proposed at Louisiana Citizens
Jan 27 2014 // East Baton Rouge Parish homeowners who buy coverage from Louisiana Citizens Property Insurance Corp. would see rates increase an average of 9.9 percent while wind-only policies would jump by 17.1 percent under a proposed...
