Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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...
Study: Homeowners Insurance Claims Cost Rising Rapidly
Oct 8 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 new Insurance Research...
Homeowners Claim Costs On the Rise
Oct 8 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 new Insurance Research...
Homeowners Insurance Claims Cost Rising Rapidly: Study
Oct 8 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 new Insurance Research...
Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High
Oct 8 2012 // Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the bundling auto and homeowners policies. Overall satisfaction...
Studies: More Than 2 M California Homes Exposed To Wildfires; Hundreds of Thousands in West at ‘Very High Risk’
Oct 8 2012 // More than 2 million homes in California face “extreme wildfire hazards,” over 400,000 of which are in Los Angeles County, according to a study from an insurance industry group. A separate study shows at least...
Rating Hurricane Risk in Florida: How Using Geocoding Can Lead to More Accurate Pricing
Oct 8 2012 // Small companies often believe that they do not have enough homeowners data to build custom rating territories based on different perils, and therefore simply adopt the territories of a competitor. But because catastrophe...
Homeowners Insurance Claims Cost Rising Rapidly: Study
Oct 8 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. An Insurance Research...
11 Homes Destroyed in NW Minnesota Wildfire
Oct 5 2012 // State officials now say 11 homes and 24 other structures were destroyed by the wildfire that threatened the northwestern Minnesota city town of Karlstad. Jean Goad, a spokeswoman for the Minnesota Interagency Fire Center,...
North Carolina Insurers Seek 17.7% Increase in Homeowners Rates
Oct 4 2012 // North Carolina homeowners could see their first rate increase in four years as the state’s rating bureau called for a statewide average 17.7 percent increase in loss cost rates. The North Carolina Rate Bureau filed...
Florida Approves 10.8% Rate Hike for Citizens; Also 21.4% for Sinkholes
Oct 4 2012 // Florida regulators have approved a 10.8 percent statewide average homeowners insurance rate increase and a 21.4 percent increase in sinkhole rates for the state-backed property insurer. Insurance Commissioner Kevin McCarty...
Heavy Rains Trap Connecticut Shoreline Residents in Cars, Homes
Oct 1 2012 // Quick, heavy rains have led to flash flooding along Connecticut’s shoreline, trapping some residents in their cars, homes and businesses. West Haven Center District Fire Chief James O’Brien tells the New Haven...
Isaac Damaged 59,000 Homes in Louisiana
Oct 1 2012 // Hurricane Isaac damaged nearly 59,000 homes as the slow-moving storm crawled across southeast Louisiana, according to the latest damage estimates. The Governor’s Office of Homeland Security and Emergency Preparedness...
Florida Approves State Farm 6.4% Homeowners Rate Increase
Sep 28 2012 // Florida regulators have approved an average 6.9 percent rate hike for State Farm Florida Insurance Co., which is the insurer’s fifth increase in as many years. The insurer had initially sought an average 14.9 percent...
Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High
Sep 27 2012 // Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the practice of bundling auto and homeowners insurance...
