Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Wildfires Making Insurance Harder to Find, California Department of Insurance Says
Sep 2 2019 // Severe wildfire seasons have made it harder for homeowners to find insurance in high wildfire-risk areas, according to new data collected by the California Department of Insurance. The data released in late-August from the...
How Insurers Help Design High-End Homes That Mitigate Disaster Risk
Aug 30 2019 // Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an insurance brokerage,...
More Tesla Solar Panel Claims Emerge; 2 Home Insurers Allege Negligence
Aug 29 2019 // One evening last year, David Burek noticed charred wood and a burning smell in his attic, near his young sons’ bedroom. He climbed a ladder and saw a melted connector wire from the solar panels installed on the roof...
Insurtech Kin Insurance Raises $47M to Launch Florida Homeowners Carrier
Aug 29 2019 // Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model. August Capital led the...
New Texas Law Requires Home Sellers to Reveal More About Flood History, Risks
Aug 27 2019 // When Hurricane Harvey’s devastating rains began overwhelming the Houston area, Donna and George Duggan didn’t immediately evacuate their Katy home. After all, the Duggans, both 62, had lived there for the...
Fake Claims, Price Gouging, Bogus Contractors: How Fraudsters Steal Disaster Aid
Aug 23 2019 // As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline...
Wildfires Making Insurance Harder to Find, California Department of Insurance Says
Aug 21 2019 // Severe wildfire seasons have made it harder for homeowners to find insurance in high wildfire-risk areas, according to new data collected by the California Department of Insurance. The data released this week from the CDI...
Parish in Louisiana Getting $5.3M to Elevate 88 Homes
Aug 20 2019 // Louisiana U.S. Rep. Garret Graves says Livingston Parish will receive a $5.3 million federal grant to fund the elevation of 88 homes that were substantially damaged during the 2016 flood. Graves says the money is part of...
Why the High Net Worth Client Needs More than Just an Agent
Aug 19 2019 // What exactly is a high net worth client, also known as a “private client?” According to Investopedia.com, a high net worth individual is an individual or family with liquid assets above a certain figure. Many...
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...
