Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Louisiana Senators Say Agreement Reached on Federal Flood Aid for Homeowners
May 3 2019 // The Trump administration has agreed to rewrite regulations to help thousands of Louisiana homeowners with damage from the 2016 floods access federal aid, the state’s U.S. senators said Thursday. Republican Sens. Bill...
Kansas Took Control of 22 Struggling Nursing Homes Last Year
Apr 30 2019 // Kansas lawmakers have tightened the financial requirements for a license to operate nursing homes after state regulators were forced to take over 22 struggling facilities last year. Officials with the Kansas Department for...
New AAIS Florida Homeowners By-Peril Program Approved by State Regulator
Apr 26 2019 // AAIS (the American Association of Insurance Services) has received approval for its new Florida Homeowners By-Peril Insurance Program from the Florida Office of Insurance Regulation (OIR). The AAIS Florida Homeowners...
California Lawmakers Advance Resilient Homes Initiative
Apr 25 2019 // A bill to enable the California Earthquake Authority to expand mitigation programs cleared its first hurdle this week when it passed the Senate Insurance Committee. The Resilient Homes Initiative, Senate Bill 254, was...
Florida Governor to Sign AOB Reform Bill; Citizens Plans Rate Review
Apr 25 2019 // Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry...
Court Rules Wyoming Killer Was Not a ‘Resident’ Under Mother’s Homeowners Policy
Apr 24 2019 // A U.S. Court of Appeals for the 10th District this week ruled that a Wyoming man convicted of a 2014 murder was not an insured “resident” under his mother’s homeowners insurance policy, and it turns out...
California Wildfires Helped Drive Homeowners Premium Volume in Surplus Lines
Apr 23 2019 // Wildfires have evidently been driving more Californians into the surplus lines market, pushing up homeowners surplus premium volume to more than $122 million in 2018, according to the Surplus Line Association of...
Florida Contractor Accused of $40K AOB Insurance Fraud Scheme
Apr 23 2019 // A restoration contracting company owner was arrested this month in Florida for allegedly stealing more than $40,000 from consumers who assigned their insurance benefits to him through assignment of benefits (AOB)...
Miami Agent Accused of Pocketing $476K in Homeowners Insurance Scheme
Apr 17 2019 // A licensed Miami insurance agent has been arrested after she allegedly obtained and transferred more than 300 homeowner insurance policies without homeowners’ knowledge or consent and pocketed nearly $476,000 from...
California Earthquake Authority Board Votes to Sponsor Resilient Homes Initiative
Apr 15 2019 // The California Earthquake Authority’s governing board has voted to sponsor and support the Resilient Homes Initiative, a bill aimed at helping Californians prepare for earthquakes by restructuring the CEA to...
Don’t Count on Home Insurance to Cover Cost of Rebuilding: Viewpoint
Apr 12 2019 // Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel...
North Carolina Survey: Many Coastal Homeowners Have No Plan to Mitigate Storm Damage
Apr 11 2019 // A majority of coastal homeowners have little to no intention of reducing their homes’ structural vulnerabilities, even though they live in areas frequently affected by damaging hurricanes and flooding and their homes...
AM Best: Most Homes in Midwest States Uninsured for Flooding
Apr 9 2019 // In a commentary on the recent Midwest flooding, AM Best said the states hit hardest by these floods — such as Missouri, Iowa, Kansas and South Dakota — generally have National Flood Insurance Program (NFIP) insured...
Miami’s Rising Seas Force ‘Underwater Homeowners’ to Mobilize
Apr 5 2019 // The “Underwater Homeowners Association” sounds like a sad joke about the future of real estate in flood-prone Miami. It’s actually an earnest effort to turn neighbors into climate-change advocates,...
New Texas Homeowners Policy From The Woodlands Insurance Includes Flood Coverage
Apr 4 2019 // The Woodlands Insurance Co. (TWICO), located in The Woodlands, Texas, has launched a Texas homeowners policy that will include flood insurance to all qualifying households. With a tiered offering of Twico Prime, Twico...
Mercury Insurance Expands Cyber Coverage to Georgia Homeowners, Renters
Apr 4 2019 // Mercury Insurance has launched a home cyber protection offering for homeowners and renters in Georgia. The new coverage will provide Mercury policyholders with cyber insurance protection that includes payment and security...
Texas Insurance Commissioner to Industry: Watch Your Language!
Apr 3 2019 // Note: This is the second article in a three-part series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. Texas’ chief insurance regulator wants the insurance industry to clean up its...
SageSure, IMF Partner on Texas Coastal Homeowners Insurance Product
Apr 3 2019 // Residential property managing general underwriter, SageSure Insurance Managers has partnered with Independent Mutual Fire Insurance Company (IMF) on a homeowners product in Texas, with plans to expand to additional coastal...
California Lawmaker Introduces Resilient Homes Initiative
Apr 2 2019 // A bill to that would enable the California Earthquake Authority to expand mitigation programs is making its way through state Legislature. State Sen. Majority Leader Bob Hertzberg, D-Van Nuys, this week released the...
Cabrillo Coastal Launches Flood Endorsement for South Carolina Homeowners
Apr 2 2019 // Cabrillo Coastal General Insurance Agency has launched a flood endorsement for new or existing Safe Harbor Homeowners policies in South Carolina. The coverage, according to Cabrillo, was built from a different rating...
