Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Work Crews Begin Demolishing Storm-Wrecked Homes in Mantoloking, N.J.
May 8 2013 // Work crews are beginning to demolish storm-damaged homes in the Jersey shore town that was hit hardest by Superstorm Sandy. Minor debris removal has already started in Mantoloking, and the first of 50 storm-wrecked houses...
N.J. Law Requires Insurers to Provide 1-Page Summary of Homeowners Coverage
May 7 2013 // New Jersey Gov. Chris Christie has signed into law on Monday a bill that aims to help homeowners better understand their insurance policies. The legislation (A3642/S2502) requires homeowners’ insurers to give...
New Law in Maryland Will Require Insurers to Explain ACC Clause to Homeowners
May 6 2013 // Maryland has enacted a new law requiring insurers that write homeowners policies in the state with anti-concurrent causation clauses to explain these clauses to their policyholders on an annual basis. Maryland Gov. Martin...
New Homeowners Insurance Program Available to Coastal Residents in Alabama
May 6 2013 // Frontline Homeowners Insurance, a coastal-focused insurer, is now offering wind and flood coverage to Alabama residents with coastal properties in Mobile and Baldwin Counties. Frontline Homeowners Insurance offers a...
Sandy-Struck New Yorkers Seek Home Buyouts
May 6 2013 // Joseph Szczesny’s modest Staten Island home in New York was inundated when Superstorm Sandy slammed into the U.S. East Coast in October. Now six months later, the 63-year-old bridge repairman and his fiance are all...
Interest in Personal Gun Liability Insurance Protection Increasing
May 6 2013 // The media focus on gun-centric events and the public discussion of liability issues has piqued interest in personal liability insurance for firearms owners, insurance professionals say. While coverage is available through...
Massachusetts FAIR Plan Seeks Rate Hike
May 6 2013 // The Massachusetts FAIR (Fair Access to Insurance Requirements) Plan, the state’s home insurer of last resort, has proposed in April an average statewide rate hike of 6.8 percent. Testimony from expert witnesses and...
Declarations
May 6 2013 // Home Maintenance “Making sure things are in good working order this spring can make a big difference in home safety, as well as insurance matters.” —Pennsylvania Insurance Commissioner Michael Consedine on...
Group Says New Maryland Law Slams Door on Rebates by Shady Contractors
May 3 2013 // More Maryland homeowners will avoid a costly trap by predatory contractors thanks to a new law, the Washington, D.C.-based Coalition Against Insurance Fraud said. Maryland Senate Bill 736 was signed into law by Gov. Martin...
Homeowners Lose Oregon Landslide Lawsuit
May 3 2013 // A jury has ruled that Benton County does not have to compensate a Colorado couple who lost their Corvallis-area home to a landslide. The suit filed by Bob and Gayna Flake claimed their more than $800,000 loss constituted...
Southern California Wildfire Causes Homes To Be Evacuated
May 3 2013 // A Southern California wildfire grew to more than 15 square miles and firefighting crews prepared Friday for another bad day of gusting winds and searing weather. The fire erupted Thursday in the Camarillo area, damaging 15...
Liberty Mutual Q1 Profit Falls 31% to $318M Amid Investment Losses
May 3 2013 // Boston-based Liberty Mutual reported Thursday its net income fell 30.7 percent to $318 million for its 2013 first quarter, compared to $459 million income reported during the prior year first quarter. The company’s...
Homeowners not the Only Line of Coverage Affected by Texas Weather
May 2 2013 // It’s well known that Texas has some of the highest homeowners premiums in the nation — in large part due to the state’s vulnerability to violent weather. It may be less known that Texas has some of the...
Court of Appeal Upholds California Commissioner’s Authority in Mercury Suit
May 2 2013 // The California Court of Appeal upheld a Los Angeles Superior Court ruling on Thursday by dismissing Mercury Insurance Co.’s lawsuit challenging Insurance Commissioner Dave Jones’ authority to decrease the...
Mass. FAIR Plan Seeks Rate Hike; Expert Witnesses to Testify on Insurer’s Behalf
Apr 28 2013 // The Massachusetts FAIR (Fair Access to Insurance Requirements) Plan, the state’s home insurer of last resort, has proposed this month an average statewide rate hike of 6.8 percent. The FAIR Plan, whose official name...
Most Americans Say Flood Insurance is Important But Don’t Buy It: Survey
Apr 25 2013 // More than four in five Americans (81 percent) know that a standard homeowner’s insurance policy doesn’t cover flood damage, but even so the vast majority of homeowners do not purchase flood insurance. A 2012...
N.J. Gov. Christie: Federal Grants for Homeowners May Still Take Months
Apr 24 2013 // New Jersey Gov. Chris Christie says that he expects federally funded grants for New Jersey business owners hit by Superstorm Sandy may arrive soon. But he says homeowners may have to wait until July to see their grants...
Penn. Commissioner: Spring Cleaning Good Time for Preventative Home Maintenance
Apr 24 2013 // Homeowners starting their spring cleaning projects should also give a thought to insurance too, Pennsylvania regulators advised. The Pennsylvania Insurance Department recommends taking the time for minor fixes now, to save...
Wildfires Prompt Colorado Insurance Changes
Apr 24 2013 // Colorado lawmakers are close to agreement on a slate of insurance changes inspired by homeowners’ complaints after last year’s wildfires. The state Senate gave final approval this week to a bill aimed at making...
N.Y. Reaches Settlement With QBE Over ‘Force-Placed’ Insurance Business
Apr 18 2013 // New York officials announced this morning that a New York State Department of Financial Services (DFS) investigation produced an additional settlement with a major “force-placed” or “lender-placed”...
