Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
2 New York Utilities Sued for 120 Sandy-Burned Homes
Jul 7 2013 // About 120 home owners from the tight-knit enclave of Breezy Point in Queens, New York, that was devastated by fires during Superstorm Sandy are suing two utility companies for negligence. A lawsuit filed on July 2 in state...
N.Y. Senator Gillibrand to FEMA: Review Flood Insurance Rules
Jul 1 2013 // U.S. Sen. Kirsten Gillibrand (D-N.Y.) has asked the Federal Emergency Management Agency to review rules that resulted in insurance coverage denials for some Superstorm Sandy victims. Gillibrand’s letter last week...
The Disaster Issue – Where Insurers Fear to Tread
Jul 1 2013 // One storm is all it takes these days. Anyone who’s been paying attention needn’t be reminded that even a post-tropical cyclone can cause major damage. That’s what Sandy was when she came on shore in New...
Flooding Damages Homes in Southwestern Wisconsin
Jun 28 2013 // Several days of heavy rains caused flooding that damaged hundreds of homes in southwestern Wisconsin, and officials in some communities were preparing for more flooding as rivers rose. Storms pounded the southern part of...
Florida’s Citizens Seeks 6.6% Home Rate Hike; Cap on Sinkhole Rates in High-Risk Areas
Jun 27 2013 // Florida’s state-backed property insurer requested a statewide average 6.6 percent increase in homeowners’ rates along with a cap on sinkhole rate increases in three high-risk counties at between 20 percent and...
Insurers Abandon Long Island After Superstorm, N.Y. Senator Schumer Says
Jun 25 2013 // Allstate Corp. is among insurers retreating from the Long Island, New York, homeowners market after superstorm Sandy and should be compelled to offer coverage there, New York Senator Charles Schumer said. Liberty Mutual...
New Jersey Still Looking for Takers for $10K Sandy Grants
Jun 24 2013 // Here’s a problem you don’t hear about that often with a state grant program: New Jersey is giving away $10,000 to 18,000 people, and there are not enough takers. The grant money comes from the Homeowner...
Rate Hikes on Agenda for Florida’s Citizens Insurance
Jun 24 2013 // Florida’s largest property insurer, already under fire for everything from recent business deals to how much it pays its executives, is readying another round of rate hikes for homeowners. The board of Citizens...
Colorado Wildfire Burns More Than 500 Homes, New Blazes in West
Jun 19 2013 // The number of homes destroyed by a Colorado wildfire rose above 500 on Tuesday as rain dampened the flames and allowed damage assessment teams to enter charred neighborhoods, as other threatening blazes grew in Alaska and...
New FEMA Flood Maps Bring Some Relief to New Jersey Coast
Jun 18 2013 // More than seven months after Superstorm Sandy devastated parts of the Jersey shore, thousands of homeowners are getting some relief from crushing rebuilding and insurance costs. The federal government has updated its flood...
Claims Pros’ Own Survival Skills Tested in Oklahoma Tornadoes
Jun 17 2013 // Michael Pelonero came to Moore to help victims of the May 20th tornado. But he hadn’t planned on trying to outrun one. When a massive EF-5 twister cut a swath through the central Oklahoma suburb of Moore, it left 24...
Homeowners Struggle with Rising Insurance Costs
Jun 17 2013 // When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance. Now, as he seeks to move to Atlanta to be near family, Virden says...
4.2M U.S. Homes at Risk of Storm-Surge Damage: CoreLogic
Jun 17 2013 // More than 4.2 million homes along the U.S. Atlantic and Gulf Coasts are located within storm-surge risk zones, totaling more than $1.1 trillion in property exposure, according to residential property information and...
NYC Resiliency Task Force Urges Raised Homes, Toxic Material Safety
Jun 14 2013 // New York City’s buildings would be required to provide drinking water in common areas and have exterior plugs for temporary generators under proposals to make homes and businesses more resistant to major...
Colorado Wildfire Destroys At Least 360 Homes
Jun 13 2013 // A wildfire in Colorado has destroyed at least 360 homes, topping last year’s record-setting Waldo Canyon Fire in a nearby wooded area that destroyed 346 homes. The tally of lost homes was a dramatic increase from a...
Colorado Wildfire Destroys 92 Homes
Jun 13 2013 // Sheriff’s officials released a preliminary list Wednesday showing the Black Forest Fire northeast of Colorado Springs, Colo. has destroyed at least 92 homes and damaged five more. The fire was among several that...
A New Threat for Hardest-Hit Sandy Victims: Soaring Flood Insurance Costs
Jun 10 2013 // George Kasimos has almost finished repairing flood damage to his waterfront home in New Jersey, but his Superstorm Sandy nightmare is far from over. Like thousands of others in the hardest-hit coastal stretches of New...
Groups Warn N.Y. Assembly’s Insurance Reform Bills Have Potential to Backfire
Jun 6 2013 // Industry groups are warning that the New York State Assembly’s recent approval of the post-Sandy insurance reform package has the potential to backfire and are urging the state Senate not to take up this...
N.Y. Assembly Approves a Flurry of Post-Sandy Insurance Reform Bills
Jun 5 2013 // The New York State Assembly approved on Tuesday a comprehensive post-Sandy insurance reform package comprised of 14 pieces of legislation. All approved measures now move to the state Senate for further consideration. The...
Coastal Homeowners Upset with Insurers, Regulators Over Surge in Insurance Costs
Jun 4 2013 // When Stan Virden moved into his 2,400-square-foot house overlooking a rock-lined canal in 1996, he paid less than $1,000 a year for homeowners insurance. Now, as he seeks to move to Atlanta to be near family, Virden says...
