Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
New Hampshire Directs Federal Funds to Help Homeowners Pay Mortgage, Insurance
Mar 15 2022 // A new, federally funded program will provide relief to eligible homeowners struggling to pay their mortgage, property taxes, utility bills, and other costs during the coronavirus pandemic, New Hampshire authorities said...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines
Mar 8 2022 // US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at a pace that matches an historic inflation rate, the American Property Casualty Insurance...
AIG to Move High Net Worth Homeowners to E&S
Mar 7 2022 // Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move its high net worth...
2021 Natural Catastrophe Losses From Major Events Reached $56.92B – Here’s Why
Mar 4 2022 // This post is part of a series sponsored by CoreLogic. When a natural catastrophe hits a community, there can be significant long-term impacts. When a large portion of the local population leaves the area during the rebuild...
SafePoint to Assume 24K Louisiana Policies From Americas
Mar 2 2022 // SafePoint Insurance Co. will assume approximately 24,000 homeowners policies in Louisiana from Americas Insurance Co., which was placed into receivership in January after suffering heavy losses from a series of hurricanes...
Openly Moves into Georgia with 15-Second Homeowners Quote Platform
Mar 2 2022 // Openly, a data-focused homeowners insurer based in Boston, announced that it has expanded into Georgia. The Deep South state is the 17th for the rapidly growing company, which was launched in 2017 and says its platform can...
Florida Appeal Courts Side with Insurers in Attorney Fees, AOB and PIP Cases
Feb 23 2022 // From attorneys’ fees to water damage to reimbursement limits in no-fault auto insurance, Florida appeals courts have sided with insurers in several cases in recent days. Here’s a look: Attorney Fees and Another...
Homeowners of America Expands Into Missouri
Feb 22 2022 // Homeowners of America, a property and casualty insurance provider and subsidiary of Porch Group, Inc., has launched service in Missouri as part of its ongoing nationwide expansion plan, marking the third expansion of...
Another Big Insurer Stops Writing Homeowners Policies in Florida
Feb 21 2022 // The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to stop writing new homeowner business in the state — while also asking for a rate...
Bill Introduced to Offer All California Homeowners Insurance, Fund Home Hardening
Feb 21 2022 // Assemblyman Marc Levine, D-Marin County, introduced legislation to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas prone to...
AIG to Move High Net Worth Homeowners to E&S
Feb 17 2022 // Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move the high-net worth...
Florida Insurance Rescue Bills Move Closer to Becoming Law
Feb 17 2022 // Two bills that many in the insurance industry hope will solve some of Florida’s worsening property insurance problems moved a step closer to becoming law Wednesday when they passed a key Senate subcommittee. The...
Florida House Committee Approves Home Hardening Tax Breaks
Feb 16 2022 // Florida’s chief financial officer is applauding lawmakers for approving a home-hardening measure that could affect homeowners insurance rates in years to come. “Since last year, we’ve been pushing hard on...
Judge Deals Blow to California FAIR Plan’s Efforts to Stay Insurance Commissioner’s Order
Feb 11 2022 // A judge has denied a request a preliminary injunction to halt the enforcement of an order from California Insurance Commissioner Ricardo Lara that the California FAIR Plan Association offer an expanded homeowners insurance...
S&P Report Sheds Light on Florida Farm Bureau’s Losses
Feb 11 2022 // Recently posted data provides new insight on the dire financial situation for Florida Farm Bureau, one of four carriers that announced it would stop writing or non-renew thousands of homeowner policies in Florida this...
Kentucky Homeowners Can Apply for Grants to Help Pay Insurance, Mortgage
Feb 10 2022 // Kentucky homeowners affected by the COVID-19 pandemic and economic slowdown can now apply for assistance to help pay insurance, mortgages and property taxes, the state’s governor announced. The program is funded...
Another Big Insurer Stops Writing Homeowners Policies in Florida
Feb 8 2022 // The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to stop writing new homeowner business in the state – while also asking for a rate increase...
World’s First Crypto Mortgage? Homeowners’ Insurers Don’t Hate It
Feb 7 2022 // If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about: A Miami company is now offering cryptocurrency-based mortgages. Some insurance representatives are...
Bill Introduced to Offer All California Homeowners Insurance, Fund Home Hardening
Feb 3 2022 // Assemblyman Marc Levine, D-Marin County, on Thursday introduced legislation designed to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas...
Florida Senate Committee Approves Actual-Cash-Value Roof Bill
Feb 2 2022 // It came later than some had expected, but Florida’s Senate Banking and Insurance Committee on Wednesday passed a much-anticipated bill that aims to close gaps left by last year’s insurance reform...
