Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Louisiana Homeowners Insurer, Gulf States, Acquires Coastal American Holdings
Oct 29 2019 // Lafayette, Louisiana-based Gulf States Holdings Inc. has acquired Coastal American Holdings Inc. and its subsidiary Coastal American Insurance Co. Coastal American’s home office is located in Gulfport, Miss. Terms of...
Brad Pitt, Others Can Be Sued over New Orleans Homes, Judge Says
Oct 28 2019 // A judge has denied actor Brad Pitt’s request to be taken off a lawsuit that says his Make it Right Foundation built shoddy homes in the New Orleans area that was hit hardest by Hurricane Katrina. The Times-Picayune/...
Washington Tornado Uprooted Trees, Sending Them into Homes
Oct 24 2019 // The National Weather Service confirmed a tornado touched down near Shelton, Wash. The tornado his on Friday night, with had winds up to 100 mph. The tornado started on land and traveled more than a half mile before moving...
Velocity Risk Underwriters Expands Coverage to Coastal Homeowners in New Jersey
Oct 23 2019 // Velocity Risk Underwriters LLC has expanded its home insurance products and now offers coastal homeowners policies in New Jersey. This makes New Jersey the sixth state where the company offers homeowners insurance to...
Row Home Explosion Sparks Fire That Spreads to Nine Other Homes in Pennsylvania
Oct 22 2019 // Authorities say an early morning house explosion in the eastern Pennsylvania city of Allentown blew off the front of the row home and led to a fire that spread to nine other homes, but no serious injuries were immediately...
UPS Drone Service to Deliver CVS Health Prescriptions to Homes
Oct 22 2019 // United Parcel Service Inc.’s new Flight Forward drone unit will soon start home prescription delivery from CVS Health Corp. The service, which will debut in one or two U.S. cities in the coming weeks, shows how the...
Climate Change: Believers vs. Non-Believers
Oct 21 2019 // Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a study from the University of Notre Dame. Funded by Notre Dame’s...
Private Flood Insurance Growth Could be Boon for Claims Professionals
Oct 16 2019 // A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An...
Wildfire Destroyed Dozens of Homes in Southern California
Oct 11 2019 // Burning trash dumped by a garbage truck caused a fire that by early Friday had destroyed dozens of homes in California’s Riverside County, fire officials said, as wildfires across the state led to power cuts for...
Government Has Bought 43,000 Flood-Prone Homes; Poor Often Left Behind
Oct 10 2019 // As the climate crisis worsens, more Americans will be forced from their homes. Many won’t be able to afford it, and the U.S. isn’t prepared for a massive, government-subsidized migration away from flood-prone...
Eastern Australia Wildfires Destroy Up to 30 Homes
Oct 10 2019 // About 500 firefighters were battling out-of-control wildfires in eastern Australia that have destroyed up to 30 homes. More than 40 bushfires were burning across New South Wales state. Temperatures were cooler Wednesday...
Believers in Climate Change No More Likely to Mitigate Than Non-Believers
Oct 8 2019 // Believing in climate change has no effect on whether coastal homeowners are protecting their homes from climate change-related hazards, according to a new study from the University of Notre Dame. Funded by Notre...
State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage
Oct 7 2019 // Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state regulators determined the company is insolvent and unable to establish a viable...
North Carolina Homeowners, Mobile Home Rates Going Up
Oct 7 2019 // The North Carolina Department of Insurance and the North Carolina Rate Bureau have settled a legal dispute over a proposed premium increase for homeowners insurance rates, according to a statement from NCDOI. NCDOI has...
Fire that Destroyed 6 Homes in North Carolina Beach Town Under Investigation
Oct 3 2019 // A huge fire destroyed six homes and damaged a seventh home in a North Carolina beach town, and officials are trying to determine what sparked it. News outlets report the fire first broke out around 6 p.m. Sunday, and it...
North Carolina Homeowners, Mobile Home Rates Going Up
Sep 30 2019 // The North Carolina Department of Insurance and the North Carolina Rate Bureau have settled a legal dispute over a proposed premium increase for homeowners insurance rates, according to a statement from NCDOI. NCDOI has...
U.S. Private Flood Insurance: The Journey to Build a New Market
Sep 27 2019 // Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood...
Group Says FEMA’s Flood Home Buyouts Take Too Long
Sep 19 2019 // For those who want to move out of a flood zone, the wait time for a home buyout can stretch five years or more, according to the Natural Resources Defense Council (NRDC), which analyzed nearly 30 years of data from the...
Insurtechs Poised to Challenge Traditional Home Insurers: J.D. Power
Sep 18 2019 // Traditional home insurers appear to be in need of an image change, and that, in turn, could create a big opportunity for insurtech startups, according to the latest J.D. Power U.S. Home Insurance study. Approximately 74...
Resolving Claim Disputes: Step 3 Research and Document the Interpretation – Part 1 of 3
Sep 16 2019 // This article introduces a three-part series covering over a dozen largely legal and contractual principles, many of which are used by attorneys to resolve contract disputes. Most of them can also be used by agents and...
