Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Swiss Re’s iptiQ and IKEA Partner to Offer Home insurance
Feb 18 2020 // Swiss Re’s iptiQ and IKEA announced the launch of HEMSÄKER, home insurance that provides accessible protection at an affordable price, said Swiss Re in a statement. HEMSÄKER, which can be purchased online via the...
HCI Approved by Florida Regulator to Replace Anchor P&C Coverage for 43K Insureds
Feb 18 2020 // The Florida Office of Insurance Regulation has approved a plan for Homeowners Choice Property and Casualty Insurance Company, a subsidiary of HCI Group, to provide replacement policies for Anchor Property and Casualty...
Georgia Moves Towards Loosening Safety Regulations for Dams Near New Homes
Feb 11 2020 // Georgia could soon loosen safety standards for dams that sit above newly built homes, under a proposal unanimously passed by a state Senate committee. Senate Bill 319 would allow for homes and other inhabitable structures...
Homeowners Insurtech Openly Expands Into Tennessee
Feb 7 2020 // Openly Inc., an insurtech backed by Gradient Ventures, Google’s AI-focused venture fund, has gone live in Tennessee. The addition of Tennessee comes on the heels of the company’s launch and funding announcement...
15 Homes in Kentucky Evacuated After Semi-Truck Crash Causes Hazmat Spill
Feb 5 2020 // A semi-truck crashed Monday morning and began leaking a flammable liquid, leading emergency crews to evacuate about 15 homes in southern Kentucky, police said. The truck overturned and was partially hanging off a bridge...
CEO Retreats on Pledge to Fix All Homes Damaged in Houston Blast
Jan 30 2020 // The head of a company involved in a massive explosion in Houston that killed two workers and injured 20 others on Jan. 28 backtracked on a pledge he had made earlier in the day to fix the hundreds of structures damaged by...
Insurers Say Proposed California Regs Could Axe Discounts for Millions
Jan 28 2020 // The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the...
Iowa Town to Buy more Homes in Flood Plain
Jan 28 2020 // The city of Bettendorf, Iowa, has been awarded a $2.2 million federal grant that, coupled with state and city contributions, will make $2.95 million available to buy out up to 22 homeowners in the flood plain along Duck...
South Carolina Homeowner Claims in Suit Airbnb Guest Threw Party, Trashed Home
Jan 27 2020 // The owner of an island home off South Carolina’s coast is suing Airbnb, claiming it only reimbursed him for a “fraction” of the damages that a guest who threw a big party did to his home. In a federal...
Ratings Agencies Disagree Over Financial Strength of Florida Family Insurance Co.
Jan 23 2020 // The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been downgraded by AM Best due to a deterioration in underwriting results for the insurer....
Florida Legislative Session 2020: Insurance Bills to Watch
Jan 16 2020 // The Florida insurance industry will be focused on several key issues this session, including reform for auto glass (windshield) assignment of benefits (AOB) abuse, reforms to the state’s legal system, as well as...
HCI to Acquire Policies of Florida’s Anchor P&C; Weston to Acquire Anchor Specialty
Jan 15 2020 // Two Florida-based homeowners insurers, Anchor Property & Casualty and Anchor Specialty Insurance, have succumbed to market pressures in the state and will be acquired by other companies. Tampa, Fla.-based HCI Group has...
Valuation of Manufactured Homes
Jan 15 2020 // Building valuation can be confusing at best. If you go to a real estate website like Zillow, it’ll give you an estimated market value for a building. It’s doubtful that anyone really knows how they come up with...
Australians Evacuate Their Homes as Soaring Temperatures, Winds Fan Bushfires
Jan 10 2020 // Australia urged nearly a quarter of a million people to evacuate their homes on Friday and prepared military backup as authorities said the next few hours could be “very, very challenging” even as rain poured...
Insurance Journal’s Top 10 West Region Stories of 2019
Jan 2 2020 // California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before. Three of the year’s top...
Typhoon Phanfone Kills at Least 41 in Philippines, Destroys Homes, Crops
Dec 30 2019 // Typhoon Phanfone killed at least 41 people when it slammed into the central Philippines on Christmas Eve, with dozens still injured or missing, according to the agency which oversees disaster response. The 21st cyclone to...
Plymouth Rock Assurance Expands Home, Auto Coverage to New York
Dec 24 2019 // Plymouth Rock Assurance, a data-driven home and auto insurance provider in the Northeast, has expanded its home and auto insurance coverage to residents and agents in New York. This marks the first time the 37-year old...
Australia’s Bushfires Destroy Nearly 200 Homes, Claim Another Life
Dec 23 2019 // Australia’s devastating wildfires, which at the weekend destroyed close to 200 homes and claimed another life, show no sign of abating and are poised to blight Christmas celebrations. Around 200 blazes were burning...
California Department of Insurance Issues Revised Plan of Operation for FAIR Plan
Dec 19 2019 // Editor’s note: This story has been updated with comments from a FAIR Plan official. The battle between the California Department of Insurance and the FAIR Plan will continue to rage on in the wake of two severe...
FAIR Plan Asks Court to Stop California Insurance Commissioner’s Order
Dec 13 2019 // Note: This is been updated with a statement from Lara’s office. The FAIR Plan today filed a petition for a writ of mandate seeking to have a court annul, vacate, or withdraw an order issued last month by the...
