Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
FEMA Awards $1.1M Mitigation Grant to Flood Zoned Homes on Georgia Coast
Aug 13 2019 // Twelve homes on the coast of Georgia will receive a federal grant of about $1.1 million to help alleviate the cost of elevating their homes. News outlets report Tybee Island Mayor Jason Buelterman and Rep. Buddy Carter...
State Farm Lowering Home Insurance Rates in Kansas
Aug 7 2019 // State Farm said it is reducing its Kansas homeowners insurance rates by an average of 2.2 percent. The total statewide expected savings impact for State Farm customers by this rate decrease is approximately $5.1...
Louisiana Flood Victims End Lawsuit Against Trump, HUD Over Disaster Aid
Aug 2 2019 // Two Louisiana homeowners who sued the Trump administration over federal policies that stalled grants for victims of a massive 2016 flood have dropped their lawsuit, after the administration recently released new...
Relief Arrives for Connecticut Homeowners with Crumbling Foundations
Aug 2 2019 // After worrying for years about the foundations crumbling beneath their houses, hundreds of suburban homeowners in a large swath of central Connecticut are getting help to salvage property that had been doomed by a bad...
Gas Line Explosion in Kentucky Neighborhood Kills 1, Ignites Homes
Aug 1 2019 // A gas line explosion shortly after midnight on Thursday in a residential community in rural Kentucky sent up a ball of flame that could be seen for miles, killing one person and setting several houses on fire, a local...
With $100M in New Financing, Digital Agency Hippo Plans Further U.S. Expansion
Jul 30 2019 // Online insurance agency Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm...
Challenges Facing the Florida Insurance Market: A Reinsurer’s Perspective
Jul 30 2019 // Hurricanes Irma and Michael served as a reminder that Florida, more than any other state, is at risk of one of the most intense natural perils, namely hurricanes. The existence of a stable insurance market providing its...
Addressing Florida’s Rising Tide of Flood Exposures
Jul 24 2019 // In the past five years, all 50 states have experienced some type of flooding. Flooding has led to disasters throughout the decades, and this year, it is expected to become unprecedented yet again. Despite a long history of...
Suspected Tornado in Mississippi From Hurricane Barry Damages Homes
Jul 18 2019 // A suspected tornado struck a rural area of north Mississippi on Tuesday, damaging homes and knocking down trees and power lines as the wet remnants of Hurricane Barry rumbled through several states, officials said. A storm...
Florida Gets Ready for Peak Hurricane Season After 3 Years of Major Storms
Jul 17 2019 // Floridians are on alert as the state heads into peak hurricane season after three straight years of being impacted by major storms. Meanwhile, the Florida Panhandle continues its recovery from Hurricane Michael that...
Causey: More Time Needed to Review North Carolina Homeowners’ Rate Increase
Jul 16 2019 // North Carolina’s Insurance Commissioner has extended the hearing scheduled for the proposed statewide average 17.4% homeowners’ insurance rate increase by one month from Sept. 4, 2019, to Oct. 2, 2019, saying...
Nevada Officials Expect Interest in Quake Coverage to Rise
Jul 15 2019 // Few Nevada residents and businesses have earthquake coverage, but insurance officials said they are expecting interest to increase after the two California earthquakes that rattled the region. The magnitude 6.4 and...
Are Millennials More Likely to Buy Flood Insurance?
Jul 1 2019 // Are Millennials More Likely to Buy Flood Insurance? Are younger homeowners more likely to protect their property by buying flood coverage? It seems so, according to a recent study. Millennials — those born between...
Fast-Moving Fire Damages Several Homes in New Jersey
Jun 28 2019 // A fast-moving fire roared through several homes in a northern New Jersey neighborhood, injuring six firefighters and displacing nearly 50 residents. The fire in Paterson began around 1:30 a.m. Tuesday in a home on Summer...
Flooded Nebraska Homes to Be Razed, but It’s Uncertain Who Pays the Bill
Jun 20 2019 // A suburb of Omaha, Nebraska, has condemned 195 flood-damaged homes, but it’s unclear who will be paying the expected bill of more than $1 million to raze them. The Bellevue City Council has decided that the mobile...
Tornado Damages Homes in Mississippi; No Injuries Reported
Jun 20 2019 // Forecasters say a tornado caused some damage in Hinds County – a somewhat uncommon storm for June in central Mississippi. The National Weather Service says the EF-1 twister struck Monday near Raymond, Mississippi. No...
Florida’s Citizens Revises 2019 Rate Filing; Will Request 2.3% Statewide Rate Increase
Jun 20 2019 // Citizens Property Insurance Corporation’s Board of Governors has approved a revised 2019 rate proposal that the company said reflects recent legislative changes that targets the ongoing abuse of assignment of benefit...
What to Expect from Florida’s AOB Reform Law Taking Effect July 1
Jun 18 2019 // The countdown is on for Florida assignment of benefits (AOB) reform that will take effect July 1, and the insurance industry is getting ready to respond to new requirements as a result of the law as well as evaluating how...
PURE Programs Expands High Value Homeowners Coverage into 5 New States
Jun 17 2019 // PURE Programs has expanded its coverage for high value homeowners into Texas, Louisiana, Mississippi, Alabama, and Georgia. Across the region, PURE Programs will offer coverage for homes with a rebuilding cost of $1...
Kochilaris Joins Florida Homeowners Insurer Olympus as Sales Manager
Jun 17 2019 // Florida-based Olympus Insurance Co. has added Nathan Kochilaris as the company’s new Southwest Florida Sales manager. Kochilaris will work under Vice President of Sales and Marketing Crystal McInnis. Kochilaris has...
