Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Aon Benfield: U.S. Homeowners Insurance Offers Growth Opportunities
Oct 21 2013 // A new report from Aon Benfield, a reinsurance intermediary and capital advisor of Aon plc, says U.S. homeowners insurance is showing significant growth opportunities. The report, titled “Homeowners ROE Outlook: 2013...
Schumer: Community Dev. Block Grant Can Cover Unmet Needs for Sandy Victims
Oct 21 2013 // U.S. Senator Charles Schumer, D-N.Y., last Friday urged Sandy-impacted homeowners on Long Island, New York, to apply for Sandy aid under the New York State’s “NY Rising” housing reconstruction...
For Some Sandy Victims, Flood Insurance Payouts Fall Short
Oct 21 2013 // Many homeowners who got slammed by Superstorm Sandy are finding their flood insurance checks are nowhere near large enough to cover their repairs, and consumer advocates put some of the blame on errors by the multitude of...
Wildfire Emergency Declared in Australia State as Homes Lost
Oct 21 2013 // Australia’s most populous state declared an emergency as wildfires tore through bush land west of Sydney, destroying hundreds of homes and threatening mountain townships. New South Wales State Premier Barry...
Is Private Market an Option for Florida Flood Insurance?
Oct 21 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say...
Texas Senator: How Can We Lower Homeowner Insurance Costs?
Oct 18 2013 // A Texas lawmaker has asked the state insurance department to come up with suggestions for ways to lower homeowners insurance rates in the state. Texas has consistently been ranked, along with Florida and Louisiana, one of...
Application Process Opens for Minot Flood Grants
Oct 17 2013 // Homeowners in Minot, N.D. affected by the Souris River flooding in 2011 can begin applying for grants to help with repair costs, while the city prepares to buy out more homes to make way for a flood protection project. The...
Mass. AG Proposes Limiting Amount of Mandatory Flood Insurance for Homeowners
Oct 16 2013 // In an effort to assist homeowners facing significant flood insurance increases due to FEMA’s updated and expanded flood zone maps, Massachusetts Attorney General Martha Coakley and the House Speaker Robert DeLeo have...
Florida Supports Mississippi Suit Against Flood Insurance Hikes
Oct 16 2013 // Florida officials plan to file a brief in support of Mississippi’s lawsuit against the federal government in an attempt to block flood insurance rate hikes called for under recent reform legislation. Gov. Rick Scott...
With Rate Hikes Looming, Florida Weighs Private Flood Insurance Options
Oct 11 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say...
Number of Homes at Risk of Wildfire in Western States Jumps 62%: CoreLogic
Oct 11 2013 // The number of homes at risk from wildfires in western U.S. states jumped 62 percent in the past year as more properties were developed in fire-prone areas, according to a report released on Thursday. About 1.2 million...
Virginia Families in Chinese Drywall Case Forging Ahead
Oct 9 2013 // Seven Virginia families fighting for compensation over Chinese drywall that wrecked their homes have their eyes on Louisiana this week, where a federal appeals court will hear arguments over whether the manufacturer of the...
Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More
Oct 9 2013 // The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to safety hazards at factories and the condition of nursing homes. Federal law requires...
Home Insurer Narragansett Bay Expands Its Coastal Capacity in Mass., R.I.
Oct 7 2013 // Pawtucket, R.I.-based home insurer Narragansett Bay Insurance Company (NBIC) said it is increasing its capacity for coastal homeowners insurance through select agency partners. The company said it is expanding its coastal...
Rising Flood Insurance Rates Frustrate Homeowners
Oct 7 2013 // As homeowners in the Northeast continue to rebuild nearly one year after Superstorm Sandy, they are now bracing for another obstacle: higher National Flood Insurance Program (NFIP) premiums. In accordance with the...
Insurance Industry Changes to Follow Wicked Colorado Weather
Oct 7 2013 // As the sun peeked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the...
State Farm Raising Louisiana Homeowner Insurance Rates
Oct 3 2013 // State Farm is raising Louisiana homeowner rates an average of 8.7 percent statewide for its nearly 308,000 policyholders. According to State Farm’s filing with the insurance department, the statewide increase will...
Homeowner Fees Recommended To Address Colorado Fires
Oct 2 2013 // Colorado homeowners living in high-risk wildfire areas should be charged fees, and officials need to adopt statewide building requirements to address destructive fires, according to recommendations Monday from a group...
New York’s Lawsky Sees Obamacare as Model to Simplify Home Insurance
Oct 1 2013 // Homeowners’ insurance needs to be more standardized because customers are confused about what their policies protect, New York’s financial regulator said. Few fully understand all the complexities of their...
New York to Compensate Storm Victims for NFIP’s ‘Earth Movement’ Exclusion
Sep 30 2013 // New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to “fully compensate” storm victims who had flood insurance claims denied because of a hard-to-understand rule barring...
