Latest Homeowners Headlines

All the headlines from our Homeowners Topic Page, ordered by recency.

COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help

May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...

As Deaths Rise to 20,000, Nursing Homes Seek Immunity from Lawsuits

May 10 2020 // Faced with 20,000 coronavirus deaths and counting, the nation’s nursing homes are pushing back against a potential flood of lawsuits with a sweeping lobbying effort to get states to grant them emergency protection...

Strikes at Dozens of Illinois Nursing Homes Averted with Labor Deal

May 8 2020 // Staff at dozens of Illinois nursing homes called off a strike set to begin May 8 after their union reached a tentative deal with nursing home owners that will increase workers’ pay to at least $15 and guarantee...

Nursing Home Insurance Market In Need of Care

May 4 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 20%, or 11,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a...

Insurtech Branch Now Offering Auto, Homeowners Insurance in Texas

May 1 2020 // Columbus, Ohio-based insurtech, Branch, has opened operations in Texas, the company’s fifth statewide expansion since launching in Ohio in August 2019. Branch says it is shaking up the insurance industry providing a...

Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis

May 1 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...

Velocity Risk Unveils New Coastal Homeowners Product for Florida, Texas

Apr 29 2020 // Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas. The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to...

Inside Connecticut’s ‘Ground War’ Against Coronavirus at Nursing Homes

Apr 28 2020 // On Main Street in Bridgeport, Connecticut, across the road from a hospital grappling with the coronavirus crisis, a nondescript brick building is playing a key role in the state’s plan to free up acute-care beds and...

Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis

Apr 24 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...

Runyan Joins Homeowners of America Insurance in Texas as CFO

Apr 23 2020 // Homeowners of America Insurance Co. (HOAIC), a property/casualty insurance provider headquartered in Irving, Texas, appointed Richard B. Runyan as its new chief financial officer (CFO) effective March 16, 2020. Runyan...

California Details Nursing Homes with COVID-19 Outbreaks

Apr 21 2020 // California has for the first time released details about nursing homes facing coronavirus outbreaks, with three facilities in Los Angeles among the hardest-hit, as the numbers of COVID-19 cases and deaths across the state...

State Farm Cutting Homeowners Rates in Louisiana

Apr 20 2020 // Louisiana Insurance Commissioner Jim Donelon has approved an overall base rate decrease of 3.5% for homeowners policies issued by State Farm Insurance Co. in Louisiana. State Farm provides homeowners’ coverage to...

South Carolina Reports Damage to 900 Homes from at Least 16 Tornadoes

Apr 17 2020 // More than 900 homes were damaged and 111 houses were destroyed by a series of tornadoes and strong winds that moved across the state Monday, emergency officials said. Damage from the storms were reported in 21 counties,...

Six Things to Know About the Recent Impasse Between Regulators and Insurers in the Aftermath of California’s Devastating Wildfires

Apr 17 2020 // This post is part of a series sponsored by CoreLogic. California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years...

300 Homes, Buildings Damaged by Tornadoes in Louisiana

Apr 14 2020 // Though tornadoes were reported in Arkansas, Lousiana and Texas over the Easter weekend, in the South Central region, northern Louisiana bore the brunt of the storm system that swept across the South on Sunday. The weather...

Louisiana Insurance Commissioner: State Farm Cutting Auto, Homeowners Rates

Apr 13 2020 // Louisiana Insurance Commissioner Jim Donelon has approved overall base rate decreases of 3.5% for homeowners’ policies issued by State Farm Insurance Co., which follows his approval of an additional decrease of 2.3%...

Woodlands Insurance Acquiring Gulfstream’s Texas Homeowners Renewal Rights

Apr 13 2020 // The Woodlands Insurance Co. (TWICO) has completed a renewal rights agreement with Florida’s Gulfstream Property & Casualty Insurance Co. (Gulfstream) to acquire Gulfstream’s book of homeowner business in...

Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List

Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. State...

Explosion at North Carolina Fuel Plant Damages Nearby Homes; No Serious Injuries

Apr 9 2020 // An explosion at a hydrogen fuel plant in North Carolina has damaged nearby homes but left workers without any serious injuries. News outlets report that the explosion occurred at the OneH2 Inc. hydrogen fuel facility in...

There’s No Place Like Home … For a Catastrophic Claim Denial

Apr 6 2020 // An elderly widow in Kentucky was admitted to a nursing home to recuperate from surgery. During her convalescence, her nonresident children visited the home frequently, though no one spent the night there, prepared meals,...