Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Florida Governor Urges Lawmakers to Address AOB as Reforms Move Forward
Mar 15 2019 // Just over a week into the 2019 legislative session, insurance industry-supported bills aimed at reforming Florida assignment of benefits (AOB) abuse are making progress in the state legislature. Lawmakers in the Florida...
Industry Awaits Florida Supreme Court Decision on Post-Loss AOB Policy Language
Mar 14 2019 // As Florida lawmakers weigh reform for the state’s assignment of benefits crisis, the insurance industry and regulators are closely monitoring a case addressing post-loss policy language that is currently before the...
Victims of 2016 Louisiana Flooding Sue Trump Administration Over Aid
Mar 13 2019 // Two Louisiana homeowners have sued President Donald Trump’s administration for policy change delays that have kept thousands of victims of a massive 2016 flood from receiving federal aid. Jeffry and Amanda Meyer, who...
Florida Regulator to Hold Public Hearing on Citizens Rate Increase
Mar 13 2019 // The Florida Office of Insurance Regulation (OIR) will conduct a rate hearing to receive public comment on the proposed rate changes from Citizens Property Insurance Corp. for its business in the Coastal Account (CA),...
Landslides in Cincinnati Area Likely to Become More Common
Mar 11 2019 // When Tom Gerrein left for Mass on Easter Sunday in 2010, he had a flat backyard. When he returned home, he did not. Tom and his wife, Kathy, walked behind their house in Bellevue, Kentucky, and there it was. A landslide...
Connecticut Lawmakers Continue Push to Address Crumbling Foundations
Mar 11 2019 // Connecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners. Michael Marglaras,...
Report: Flooded Home Buyouts in Texas’ Harris County Less Than Strategic
Mar 5 2019 // Long after the rains stopped and floodwaters receded, thousands of Texans whose homes were flooded by Hurricane Harvey tried to participate in buyout programs that would help diminish the property damage of future...
2019 Outlook: Rates, Deductibles Likely to Rise Again in Texas Homeowners Insurance Market
Mar 4 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
Altman Says Private Market Flood Insurance Has Grown in Pennsylvania
Feb 27 2019 // Pennsylvania Insurance Commissioner Jessica Altman said the number of private market flood insurance policies in Pennsylvania jumped 72 percent from February 2018, as she continued urging homeowners, business owners and...
FedNat to Buy Maison Homeowners Insurance Operations from 1347 Holdings
Feb 26 2019 // FedNat Holding Co. has agreed to purchase substantially all of 1347 Property Insurance Holdings homeowners’ insurance operations, consisting of Maison Insurance Co., Maison Managers and ClaimCor in a 50/50 cash and...
Florida Woman Arrested in $68K Hurricane Irma Scam
Feb 21 2019 // A Florida woman has been arrested for alleged unlicensed practice of public adjusting and grand theft related to Hurricane Irma, according to a statement from the Florida Department of Financial Services. Mary Bruce is...
Insurtechs Neptune, Hippo Unite Home, Flood Insurance Online for Speedy Purchasing
Feb 21 2019 // Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance as part of purchasing of home insurance. Hippo promises quick processing and...
Louisiana Flood Victims Still Waiting for Federal Recovery Grants
Feb 20 2019 // The month-long partial federal government shutdown likely further delayed aid grants to homeowners still trying to recover from the 2016 flooding, Louisiana’s top disaster recovery official said. As many as 6,000...
Rental Vacation Home Owners in Hawaii Sued over Fines
Feb 20 2019 // Kauai officials are suing the owners of a vacation home, claiming they are violating county zoning ordinances for using the property as a short-term rental. The Garden Island reports the Kauai County Planning Department...
Number of Missouri Homes with Earthquake Coverage Declines
Feb 18 2019 // Between 2008 and 2017 rhere was a significant drop in the number of homes in Missouri insured for damage from earthquake, state insurance regulators report. That’s despite the fact that earthquakes present a...
The Original Family Business
Feb 18 2019 // Why family farms dance between the line of personal and commercial coverage Nowhere is insurance more complicated than when you mix two exposures that don’t “traditionally” go together, like business and...
Mudslides Carry Away Homes, Water Rescues Needed in California Storm
Feb 15 2019 // Motorists swam for their lives and residents were rescued from homes sliding downhill as the wettest winter storm of the year triggered floods and mudslides across California on Thursday. In Sausalito, just across the...
Causey Schedules Hearing to Settle Rate Dispute with North Carolina Insurers
Feb 11 2019 // In response to a filing by North Carolina insurers for a 17.4 percent rate increase in homeowners insurance rates, North Carolina Insurance Commissioner Mike Causey has set a Sept. 4, 2019 hearing date, saying he does not...
Number of Missouri Homes Insured for Earthquakes Declined from 2008 to 2017
Feb 7 2019 // Despite the fact that earthquakes present a significant hazard to Missourians, the number of homes insured against damage from earthquakes declined between 2008 and 2017, according to a Residential Earthquake Coverage...
When Rebuilding After Hurricanes, Big Homes Replace Small
Feb 4 2019 // Trend Is Playing Out in Areas Prone to Extreme Winds and Storm Surge A study of hurricane-hit areas of the United States has revealed a trend of larger homes being built to replace smaller ones in the years following a...
