Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
La. Nursing Home Owner Faces New Lawsuit in Ida Storm Evacuation
Jan 17 2023 // NEW ORLEANS (AP) _ A nursing home owner who faces criminal and civil complaints over evacuating residents to a squalid warehouse to ride out Hurricane Ida in 2021 is now being sued by federal authorities who say he...
California Commissioner Issues Moratorium on Homeowners Insurance Cancellations in L.A. and Kern Counties
Nov 28 2022 // California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s Nov. 19 emergency declaration. The commissioner’s bulletin...
Directors of Florida’s Largest Homeowners Association Charged with Millions in Theft
Nov 16 2022 // Current and former Board members at Florida’s largest homeowners’ association were arrested Tuesday, charged with taking millions of dollars from the association over several years. It’s the latest...
As Homeowners Rebuild After Ian, a Cooling New Housing Market Drops Material Costs
Nov 7 2022 // If Hurricane Ian would have made landfall in Florida, say, six months ago, the costs of reconstruction could have been even higher than the already staggering estimates now coming from the Sunshine State. Inflation is...
As Homeowners Rebuild After Ian, a Cooling New Housing Market Drops Material Costs
Oct 20 2022 // If Hurricane Ian would have made landfall in Florida, say, six months ago, the costs of reconstruction could have been even higher than the already staggering estimates now coming from the Sunshine State. Inflation is...
Update: Amazon Launches Home Insurance Comparison Website for UK Customers
Oct 19 2022 // Amazon.com Inc. is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes further into financial services across the globe. Ageas UK, Co-op, and LV= General Insurance, a unit of...
Regulatory Roundup: Louisiana Offers Extension for Homeowners with Canceled Coverage, Illinois Asks for Honesty, Colorado Looks for Marshall Fire Claims Relief
Oct 17 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
Legislative Action Aims to Ease Florida Homeowners Insurance Market Struggles
Oct 17 2022 // This post is part of a series sponsored by AgentSync. Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...
U.S. Homeowners Line ‘Stable’ but Weather Events Present Uncertainty: AM Best
Oct 17 2022 // A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted...
Legislative Action Aims to Ease Florida Homeowners Insurance Market Struggles
Oct 12 2022 // This post is part of a series sponsored by AgentSync. Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...
Top U.S. Homeowners Insurers Minimally Exposed to Losses from Ian: Moody’s
Oct 12 2022 // A report from Moody’s Investors Service clearly paints Ian as a loss event for Florida-only home insurers since large, national insurers have significantly reduced exposure in the Sunshine State throughout the...
U.S. Homeowners Line ‘Stable’ but Weather Events Present Uncertainty: AM Best
Oct 3 2022 // A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted...
The Homeowners Nonexclusion Exclusion
Sep 19 2022 // In 2004, almost 18 years ago, I began an initiative to expose one of the most onerous and egregious provisions of any mainstream personal lines policy I had ever seen. The article was entitled “Rent Your Home, Void...
State Farm Sues Amazon to Recover New York Homeowner Claim
Aug 23 2022 // State Farm Fire & Casualty is trying to get Amazon to reimburse it for a payment it made to cover damages to the home of one of its New York insureds. State Farm and its insured claim that the damage was caused by a...
Australia’s Extreme Climate Risks Threaten to Make Home Insurance Unaffordable
Aug 17 2022 // Australia’s mounting extreme weather events threaten to make home insurance premiums unaffordable for an estimated 1 million households. On average, Australians living in high-risk areas like northern Queensland pay...
Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years
Aug 10 2022 // Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new survey from Policygenius. The survey found that 72 percent of young insured homeowners...
Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight
Jul 26 2022 // Openly Starts Openly Insurance Company, a Licensed Homeowners Insurance Carrier Openly announced the launch of the Openly Insurance Company, a homeowners insurance carrier licensed in 17 states. Openly had formerly...
42,000 Louisiana Homeowners to be Dropped by Southern Fidelity Friday
Jul 21 2022 // More than 40,000 homeowners are looking for new insurance policies after an insurance company dropped them, following similar moves by two other companies. Southern Fidelity canceled 42,000 policies Friday, leaving...
Home Insurance Prices Increase Faster Than Inflation Rate: Policygenius
Jul 12 2022 // According to analysis by insurtech Policygenius, home insurance premiums are rising faster than inflation From May 2021 to May 2022, the price of goods and services increased 8.6% in the U.S. In the same time period, home...
Porch Group’s Homeowners Insurance Enters Delaware, Its 19th State
Jul 8 2022 // Home services firm Porch Group announced the expansion of its homeowners insurance services, Homeowners of America (HOA), to Delaware, its 19th state. Porch Group is a Seattle-based, technology platform that provides...
