Best Read Homeowners Headlines
Headlines from our Homeowners Topic Page with the most time spent reading.
#1 How California’s Homeowners Insurance Crisis Is Affecting Brokers
Jul 23 2024 // A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on...
#2 Insuring ‘Red Zone’ High-Value Homes
Mar 10 2025 // When the calendar flipped to 2025, Lacey Garrison Strom was optimistic. As the executive vice president of private client services at California-based Heffernan Insurance Brokers, Garrison Strom secures insurance coverage...
#3 Homeowners Have Post-Loss Duties Too, Florida Appeals Court Says in HCI Win
Mar 20 2025 // Florida insurers, often on the receiving end of insureds’ complaints – in the courts and in the news media – may take heart from a new ruling by a Florida appeals court, which draws a bold line under...
#4 Texas Legislators Seek Solutions to Rising Home Insurance Rates
May 9 2025 // Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs. Legislators have advanced bills to limit how much insurance...
#5 Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
#6 Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
Sep 26 2024 // Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024...
#7 Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels
Nov 18 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it. Due to rising trends in the frequency and severity of...
#8 To Insure or Self-Insure? The Question Homeowners Must Answer
Jul 8 2024 // No matter where you live, there’s a good chance the weather’s getting wilder. In just the past few weeks, tornadoes have wreaked havoc on Midwest and Southern states, and large swaths of southern Florida were...
#9 Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms
Oct 29 2024 // A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by...
#10 Louisiana Contractor Charged for Allegedly Damaging Homeowners’ Roof
Oct 11 2024 // On an early August morning, a roofing contractor arrived at a Lafayette, Louisiana couple’s house and requested permission to inspect the home’s roof. The roofer’s arrival wasn’t unexpected. The...
#11 AmeriCorps Cuts Leave Vulnerable Homeowners Struggling After Natural Disasters
May 5 2025 // Years had passed since Hurricane Harvey’s howling winds and heavy rains tore apart Dan Lee’s century-old roof in West Columbia, south of Houston. Then came the knock on his door. It was Mosaic in Action, a...
#12 US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch
Jun 7 2024 // The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous...
#13 Where Homeowners Rates Are Rising—and Who Is Raising Them Most
Jan 24 2025 // According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and American Family Insurance topped a list of 10 insurers ranked by average rate change. The...
#14 What’s Not Changing in 2025: Homeowners Outlook, Re Retentions
Dec 16 2024 // When analysts at AM Best reviewed outlooks for the property/casualty insurance and reinsurance sectors this week, recent good news of a change in outlook for personal lines—and for personal auto insurance—were the...
#15 State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners...
#16 Medical Worker Wants Home Insurance to Cover Her Against Patients’ Data Claims
Aug 5 2024 // A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says...
#17 Home Insurance at $10,000 a Year Shows California Buyers’ Pain
Jun 24 2024 // California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US. Now, challenges securing and affording home insurance in the wildfire-prone state are...
#18 The Data Behind Rising Homeowners Premiums: By Peril and By State
Oct 24 2024 // The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home...
#19 Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms
Nov 18 2024 // A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by...
#20 Why Homeowners Insurers Are Unprofitable and What To Do About It: Aon
Oct 8 2024 // A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers...
