Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Homeowners Choice Sells First Flood Policy in Florida
Jan 24 2014 // Homeowners Choice Property & Casualty Insurance Co., Inc., a Florida based provider of admitted homeowners insurance and wholly-owned insurance subsidiary of HCI Group, Inc., is now selling flood insurance to existing...
How to Encourage Private Flood Insurance; Why Delaying Biggert-Waters Is Not the Answer
Jan 24 2014 // New technologies and a better understanding of flood risk may have increased private insurers’ interest in providing flood insurance but real obstacles remain to the private sector getting involved. The obstacles...
R.I. Regulator Offers Consumer Tips on Winter Weather Claims
Jan 22 2014 // Recent winter storms have already left a path of damage and power outages across the country. When a storm strikes, it’s important to know what to do if the home is damaged or if the insured gets involved in an auto...
Some Western N.Y. Homeowners Grapple With Flood Damage After Canceling Insurance
Jan 21 2014 // Some western New York residents whose homes were damaged by a snow-swollen river this month had only recently cancelled their federal flood insurance policies because of rate increases. About 70 houses in West Seneca, just...
Louisiana Citizens to File Homeowners Insurance Rate Hike
Jan 21 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...
Reinsurance Costs Helping to Lower Florida Homeowners Rates: OIR Report
Jan 21 2014 // Florida’s top insurance regulator says that state residents are starting to benefit from a more competitive homeowners market as rates have started to trend downward due in part to the reduction in reinsurance...
Twenty Years Later Big Lesson From Northridge Quake Lost
Jan 17 2014 // Twenty years ago today a big one hit the Los Angeles area, killing several people and injuring thousands, damaging tens of thousands of properties, shutting down businesses, putting out of operation some of the...
Fireman’s Fund Secures New Tree Service Vendor for Homeowner Insureds
Jan 14 2014 // Fireman’s Fund has secured HMI as one of its Prestige Advisory Services vendors. HMI manages a national network of credentialed tree care companies representing more than 2,500 tree crews and 1,500 certified...
70 Homes in Buffalo Suburb Damaged by Flooding
Jan 14 2014 // Residents in a suburban Buffalo neighborhood are dealing with the aftermath of weekend flooding that has left dozens of homes damaged. Local media outlets report that about 70 homes in West Seneca’s Lexington Green...
Flood Maps Still Wrong, Oregon Homeowners Still Paying
Jan 13 2014 // Months after Carol Justice was wrongly told her home needs flood insurance, the Cornelius resident is still paying up – even though a surveyor has since determined her house is not in the flood zone. Justice is one of...
