Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Hurricane Deductibles Won’t Apply for Sandy in Del. Penn., R.I., D.C.
Nov 4 2012 // [Update: Maine also announced this week that hurricane deductibles would not apply for Sandy-related claims in the state. The Maine Bureau of Insurance told Insurance Journal Monday, Nov. 5, that hurricane deductibles will...
Florida Consumer Advocate Hits Use of Past Credit History to Deny Claims
Nov 2 2012 // Florida’s consumer advocate is calling for an investigation into insurers using homeowners’ past credit history to deny claims and cancel policies even though the homeowners have paid premiums for...
Controversy Over Hurricane Deductibles May Just Be Beginning
Nov 2 2012 // When the National Hurricane Center declared Sandy a “post-tropical storm” just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money....
N.Y. Gov. Cuomo: New Yorkers Won’t Have to Pay Hurricane Deductible for Sandy
Nov 1 2012 // New York Governor Andrew Cuomo announced Wednesday that New York homeowners will not have to pay potentially large hurricane deductibles on insurance claims stemming from damage caused by Sandy. New York joins other...
Flood Insurance Still Relatively Rare in Northeast
Oct 31 2012 // Many homeowners who suffered losses because of flooding from Hurricane Sandy are likely to find themselves out of luck. Standard homeowners policies don’t cover flooding damage, and the vast majority of homeowners...
Insurer Drops Nebraska Man’s Policy Due to Police Dog, Then Apologizes
Oct 29 2012 // An insurance company that canceled the homeowner’s policy of a Nebraska sheriff’s deputy because of his K-9 unit dog said it’s looking to change its practices regarding police dogs. American Family...
Hurricane Sandy Doesn’t Worry Safety-Conscious ‘Preppers’ Homeowners
Oct 28 2012 // Hurricane Sandy is charging up the East Coast as a cold front is tearing across the U.S. from the west and an arctic blast is barreling down from the north. The resulting “Frankenstorm” could cause gale-force...
North Carolina Regulator Calls for Hearing, Delay on Home Insurance Rates
Oct 25 2012 // Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowner’s premiums by a...
California Commissioner Considering ‘Force-placed’ Regulations
Oct 24 2012 // A meeting slated for Thursday called for by California Insurance Commissioner Dave Jones to deal with “force-placed” insurance has cast the dye for debate on whether such insurance should be filed in the...
$42.7M Rate Reduction for California Policyholders of ‘Force-Placed’ Insurer
Oct 23 2012 // California Insurance Commissioner Dave Jones announced a 30.5 percent rate reduction, for “lender-placed” homeowners’ insurance coverage offered by American Security Insurance Co., an Assurant Inc.-owned...
F.I.D.O.’s Dog Bite Liability Insurance Fills Coverage Gap
Oct 23 2012 // When commercial lines insurance agent and dog owner Debbie Turner began to look into help for her difficult dog back in 2000, she had no idea that her journey would end up leading to a new personal lines insurance...
In-Debt-Ed
Oct 22 2012 // Before the financial crash of 2008, it was highly educated Americans who were most likely to pile on unmanageable levels of debt, suggests a new study, one of those that seems to turn conventional wisdom on its...
Attorney: Catastrophic Weather Slamming Oklahoma Property Market
Oct 22 2012 // Property insurance claims in Oklahoma totaled $1.6 billion in 2011, according to one attorney familiar with the property insurance market in that state. Much of that was the result of catastrophic weather conditions that...
In-Debt-Ed
Oct 22 2012 // Before the financial crash of 2008, it was highly educated Americans who were most likely to pile on unmanageable levels of debt, suggests a new study, one of those that seems to turn conventional wisdom on its...
Homeowners Insurance Claims Cost Rising Rapidly, Study Says
Oct 22 2012 // The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. A recent Insurance...
Hartford Steam Boiler Launches Energy Saving Tool for Homeowners Policies
Oct 18 2012 // The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has introduced a new concept in homeowners insurance, HSB HomeWorks, which combines breakdown coverage for home equipment systems,...
Attorney: Violent Weather Slamming Oklahoma Property Market
Oct 11 2012 // Property insurance claims in Oklahoma totaled $1.6 billion in 2011, according to one attorney familiar with the property insurance market in that state. Much of that was the result of catastrophic weather conditions that...
Nationwide: Average Cooking Fire Claim Tops $30,000
Oct 9 2012 // Cooking fires continue to far exceed most home-related fires, and they are more expensive to repair, according to a new study from Nationwide Insurance. Fires that start on the stove outpace appliance, fireplace, smoking,...
Ga. Regulator Reminds Homeowners: Oct. 7-13 Is Fire Prevention Week
Oct 8 2012 // Georgia Insurance and Safety Fire Commissioner Ralph Hudgens and the National Fire Protection Association (NFPA) remind homeowners that Fire Prevention Week is October 7-13. The theme this year is, “Have Two Ways...
Fracking in N.Y.? Fugetaboutit!
Oct 8 2012 // Hydrofracking has become a hot-button issue in New York State. Government agencies have been researching for the past four years the potential environmental impact of permitting hydrofracking in Marcellus Shale, which is...