Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Tornado in Arkansas on Sunday Injured 4 People, Destroyed Homes
Nov 17 2020 // A tornado in northeast Arkansas on Nov. 15 left four people injured and destroyed buildings and mobile homes, authorities said. The severe weather Sunday was near Romance, an unincorporated community about 23 miles (37...
State Farm Fire Prevention Pilot Tests Sensors That Detect Electrical Wiring Defects
Nov 17 2020 // State Farm is sending sensors that can detect hazards in electric wiring to 40,000 homeowners in California, Arizona and Texas as part of a pilot project that will measure potential savings and customer acceptance. Mike...
Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida
Nov 16 2020 // Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect...
Home, Pet Insurer Lemonade Bypasses Auto in Favor of Life… for Now
Nov 13 2020 // Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report this week. During an investor conference...
North Carolina Insurers Seek 24.5% Rate Hike for Homeowners
Nov 13 2020 // The North Carolina Rate Bureau has requested an average statewide rate increase of 24.5% on homeowners insurance rates in the state, according to a statement from the North Carolina Department of Insurance. The NCRB is not...
Homeowners Insurer Openly Enters Ohio
Nov 13 2020 // Boston-based Openly is now selling homeowners insurance in Ohio. Ohio homeowners and independent agents can now buy Openly’s premium insurance, obtaining quotes in 15 seconds, according to the company’s media...
FEMA to Louisiana Homeowners: Don’t Pay Company for Blue Roof Tarps
Nov 12 2020 // The Federal Emergency Management Agency is letting homeowners know that its Operation Blue Roof is free, and they should let authorities know if any company tries to make them pay. The program installs tarps on damaged...
COVID-19 Cases in Nursing Homes Rising in States Hit by Latest Virus Surge
Nov 10 2020 // Despite Trump administration efforts to erect a protective shield around nursing homes, coronavirus cases are surging within facilities in states hard hit by the latest onslaught of COVID-19. An analysis of federal data...
Vertus, Zurich Expand Hurricane Deductible Buy-Back Program Into S.C., N.C., Va.
Nov 6 2020 // Vertus Insurance Partners and Zurich North America have expanded the Cat4Home deductible buy-back insurance product to customers in South Carolina, North Carolina and Virginia. The expanded offering comes on the heels of...
Georgia Supreme Court Disputes Immunity Ruling in Stun Gun Death
Nov 5 2020 // Georgia’s highest court on Monday found that a lower court was wrong to grant immunity from prosecution to three sheriff’s deputies facing murder charges in a stun gun death dating to July 2017. The three white...
Gas Explosion Engulfs Three Long Island Homes in Flames
Nov 5 2020 // Two firefighters and a resident were injured when three Long Island houses were set ablaze by a gas explosion early Sunday morning, fire officials said. The explosion shortly after 5:30 a.m. destroyed three homes in...
Universal Insurance Holdings Subsidiary Now Writing Homeowners Insurance in Iowa
Nov 2 2020 // Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Florida-based Universal Insurance Holdings Inc., has begun writing homeowners insurance policies in Iowa. With the company’s entry...
California Pledges to Protect Homeowners from Insurer Withdrawals Due to Wildfires
Nov 2 2020 // California’s insurance commissioner in late October pledged to step up efforts to protect the state’s residents from wildfires and address a pullback of private insurers from the state’s riskiest...
Florida Property Insurance Market Inches Closer to Crisis – Part 1
Oct 29 2020 // After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from...
6 Homes Evacuated as Sinkhole in Florida Neighborhood Grows to 50 Feet Wide
Oct 27 2020 // A sinkhole that opened earlier this month in a north Florida neighborhood expanded on Thursday, leading officials to urge residents from six nearby homes to evacuate. Johnnie Candiano, 22, his brother Beau Candiano, 20,...
Burns & Wilcox Adds Personal Lines Cyber Protection for Homes, Families, Individuals
Oct 21 2020 // Burns & Wilcox has launched Cyberman365, a new exclusive product line designed to mitigate personal cyber risks for individuals, families and homes. A collaboration between Burns & Wilcox and Node International,...
New Mercury Insurance Programs Target California Homeowners’ Wildfire Risk
Oct 21 2020 // Mercury Insurance has launched two new programs designed to help Californians better protect their homes and families if they live in areas prone to wildfires. Homeowners who take one or more steps to either harden their...
California Pledges to Protect Homeowners from Insurer Withdrawals Due to Wildfires
Oct 19 2020 // California’s insurance commissioner on Monday pledged to step up efforts to protect the state’s residents from wildfires and address a pullback of private insurers from the state’s riskiest...
Replacement Cost and the 180-Day Limitation Myth
Oct 19 2020 // What’s the best way to launch this article? Don’t know if I should say I’m itching for a fight or if it’s better to say insurance carriers are misinterpreting coverage forms and I am trying to stop...
Should Upcoming California Commissioner’s Hearing on Wildfires Concern Insurers?
Oct 16 2020 // Insurance Commissioner Ricardo Lara will convene a “virtual investigatory hearing” on Monday to initiate a series of regulatory actions that will protect residents from the increasing risk of wildfires. Several...
