Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Jupiter Launches $1M in Added Capacity Above FAIR Plan for California Homeowners
Feb 5 2025 // Jupiter Risk Services has launched its Jupiter Private Client Excess Homeowners Insurance (XS Homeowners), a property insurance product providing up to $1 million in additional capacity above the California FAIR...
Orion180 Launches FLEX Home Insurance in Texas
Feb 4 2025 // Orion180 announced that its FLEX Home Insurance product is now available in Texas. Orion180 said that FLEX is designed to address the diverse needs of Texas homeowners, including those in high-risk areas prone to natural...
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...
Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating
Feb 3 2025 // Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating...
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...
Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says
Jan 22 2025 // The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S. Senate committee released a study and...
Insurance 101: Do Your Clients Know the Difference Between Homeowners Insurance and Flood Insurance this Hurricane Season?
Jan 22 2025 // This post is part of a series sponsored by AgentSync. The 2024 hurricane season just wrapped, officially ending on Nov. 30, 2024, with two major storms making news and breaking records as of this writing (Hurricanes Helene...
CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones
Jan 17 2025 // Homeowners with mortgages who are at risk of flooding from rivers and creeks are more likely to be underinsured for floods than coastal residents, according to a new report from the Consumer Financial Protection...
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...
California Expands Moratorium on Homeowners Insurance Cancellations, Non-Renewals
Jan 15 2025 // California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already under a mandatory one-year moratorium on insurance...
Oregon’s New Rules for Homeowners Living in Certain High-Risk Wildfire Areas
Jan 9 2025 // Oregon homeowners living in certain areas at high risk of wildfire will face stricter building codes and mandates to reduce vegetation on their properties under new “wildfire hazard maps” unveiled Tuesday. The...
Millions of Homeowners May Be Underinsured Due to Secondary Structures: ZestyAI
Dec 18 2024 // Millions of U.S. homes are underinsured, not because of any added value in the homes, but because additional structures on the homeowner’s property have gone unreported and are without protection. Using artificial...
Advocacy Groups Ask FIO to Release Homeowners Insurance Data Collected by NAIC
Dec 17 2024 // A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners insurance data before it may be too late. The nationwide data was...
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...
Arrowhead introduces new California E&S Homeowners program
Dec 10 2024 // SAN DIEGO, CA., December 10, 2024 – Arrowhead General Insurance Agency, Inc. has announced the launch of a new California E&S Homeowners program. This non-admitted product is a collaboration between Arrowhead’s...
Risk Theory Launches New High Value Homeowners Insurance
Dec 3 2024 // Dallas, TX, December 3, 2024 — Jupiter Risk Services, an affiliate of Risk Theory, is proud to launch its High Value Homeowners Insurance, a new insurance product designed specifically for single-family, high-value...
Progressive to End Offering Dwelling Fire Insurance
Dec 2 2024 // Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The Mayfield, Ohio-based insurer said the decision to discontinue writing the coverage, often dubbed...
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...
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...
The Data Behind Rising Homeowners Premiums: By Peril and By State
Nov 18 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...
