Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
The Co-Operators Offers Storm Surge Cover for Homeowners Across Canada
Jan 7 2019 // Montreal-based Co-operators is offering storm surge insurance for homeowners in Quebec and Manitoba, which completes the company’s product rollout to Canadian homeowners from coast to coast. Co-operators described...
Once Upon a Time … Resolving Insurance Coverage and Claims Disputes
Jan 7 2019 // An independent agent in a small rural town insured a farmer whose barn burned down. The agent had failed to schedule the farm structure, so the farm policy did not cover the total loss. The agent routinely placed farm...
Florida Roofer Arrested for Stealing Nearly $50K from Homeowners, Insurance Fraud
Jan 3 2019 // A Florida roofing company owner was arrested last month after allegedly attempting to defraud multiple homeowners out of more than $49,000 and working without workers’ compensation insurance, according to a statement...
How Big Tech Flirted with Insurance in 2018
Jan 2 2019 // The almost weekly headlines about insurers and venture capitalists investing in insurtechs and tech-savvy insurance startups sometimes blocked the view of what established big technology firms were doing in...
70 Mobile Homes Damaged by Mid-December Tornadoes in Central Florida
Dec 27 2018 // A tornado damaged more than 70 homes in a mobile home park and a 90-year-old woman was taken to a hospital after a roof fell on her head after a day of wild weather in central Florida Dec. 20. Officials in Pasco County,...
North Carolina Rate Bureau Requests 17.4% Rate Hike for Homeowners’ Policies
Dec 27 2018 // The North Carolina Rate Bureau (NCRB) has requested a 17.4 percent increase in homeowners’ insurance rates from the North Carolina Department of Insurance, effective Oct. 1, 2019. According to the NCDOI, the NCRB...
Rare Tornado Touches Down in Washington, Damages Homes
Dec 20 2018 // A rare tornado touched down in a Seattle suburb on Tuesday, the National Weather Service confirmed. The tornado damaged several homes and toppled trees, authorities said. Based on radar imagery and video evidence, a...
Specialist Encouraging Radon Tests for Homeowners After Alaska Quake
Dec 17 2018 // A state energy specialist is encouraging those affected by last month’s earthquake in south-central Alaska to retest their homes for radon. Radon is an odorless gas that has been linked to cancer. It is formed when...
Restore Louisiana Offering Buyouts to Homeowners in Floodways
Dec 17 2018 // A Louisiana program helping people affected by the 2016 floods is offering buyouts to those living in especially hazardous areas, state officials said. Restore Louisiana officials said that homeowners in floodways can...
ICT: Central Texas October Flood Insured Losses Top $22M, So Far
Dec 14 2018 // Payments made by FEMA’s National Flood Insurance Program (NFIP) for insured losses from flooding in central Texas in mid-October have exceeded $22 million and could exceed $30 million when all claims have been filed...
Authorities: At Least $3B to Clear Debris from Homes Destroyed By California Wildfires
Dec 14 2018 // State and federal authorities estimate that it will cost at least $3 billion to clear debris from 19,000 homes and businesses destroyed by three California wildfires last month. The disaster relief officials said the...
Citizens to Request 8.2% Rate Increase from Florida Regulators
Dec 13 2018 // Citizens Property Insurance Corp. will file for a statewide average increase of 8.2 percent for personal lines policyholders – homeowners, condominium owners and renters. The Florida insurer of last resort’s Board...
Report: More Than 87K Floridians Dropped by Home Insurers Last Quarter
Dec 12 2018 // State records show home insurers have dropped the policies of more than 87,000 Floridians in the third quarter of this year. The Palm Beach Post reports that state records also show half of the state’s top 10...
I.I.I. Study Cites AOB Abuse for Increasing Insurance Costs In Florida
Dec 12 2018 // A new study released by the Insurance Information Institute (I.I.I.) finds that Florida’s assignment of benefits (AOB) crisis has cost consumers billions of dollars in unnecessary litigation and inflated claim costs...
Low Earthquake Insurance Take-up in Alaska Due to High Cost?
Dec 11 2018 // With Alaska’s history of earthquakes, you might assume most homeowners have earthquake insurance. That’s not the case, the Anchorage Daily News reported. Only about 15 percent of Alaska homeowners buy...
Program Offering to Buy Out Louisiana Homeowners in Floodways
Dec 5 2018 // Louisiana program helping people affected by the 2016 floods is offering buyouts to those living in especially hazardous areas, state officials said. Restore Louisiana officials said that homeowners in floodways can...
Fire Severely Damages Three New Jersey Shore Homes
Dec 5 2018 // Authorities say a fire in a New Jersey Shore town has severely damaged three homes, hurt at least two people and left one elderly woman missing. The fire in Sea Isle City broke out shortly before noon Thursday, sending...
Will California See More Laws and Regulations in Wake of Wildfires?
Dec 3 2018 // Last year’s California wildfires destroyed thousands of homes and cost billions of dollars, but they also created numerous new laws and regulations in their wake as Legislators and insurance regulators looked for...
Survey from Regulator of Largest U.S. Insurance Market Shows More Coal Divestment by Insurers
Nov 29 2018 // California Insurance Commissioner Dave Jones on Thursday revealed he’s had some success with his 2018 Climate Risk Carbon Initiative Coal Divestment Follow-Up Survey. Jones said the results of the survey reflect an...
2.9M Colorado Residents Now Living in Areas at Risk Of Wildfire
Nov 29 2018 // The number of Coloradans whose homes are at risk from wildfires soared 45 percent in five years, reflecting the state’s booming population and changing uses of agricultural land, state officials said. The Colorado...
