Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
In Louisiana, Fewer Homeowners Than Expected Seek Flood Aid
Aug 14 2018 // Louisiana expects to spend $649 million on homeowner rebuilding aid after the 2016 floods, only about half the federal money Congress set aside for the effort. The Advocate reports 44 percent fewer households than...
Fires May Make It Harder for Homeowners to Get Insurance in California
Aug 14 2018 // California homeowners may find themselves facing insurance headaches even if their houses weren’t affected by this year’s blazes. The California Department of Insurance had already warned this year that the...
Mortgage Startup Blend Labs Enters Homeowners Market With MetLife
Aug 6 2018 // Blend Labs Inc., a startup that first became known by helping big banks make it easier for homebuyers to get a mortgage online, is branching out into a new industry: insurance. The San Francisco-based company is launching...
Security First Enters Florida’s Growing Private Flood Market
Aug 6 2018 // A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First...
Flood Model Changes Help Hiscox Re & ILS Enter U.S. Flood Market
Aug 6 2018 // Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and the Caribbean...
Thousands of Louisiana Homeowners to Get More Help With Flood Repairs
Aug 1 2018 // Some Louisiana homeowners with damage from the 2016 floods who received help from the state’s recovery program will be receiving checks for full reimbursement of their repairs. Louisiana officials announced Monday...
Another 2K California Homeowners Eligible for Retrofit Grants
Jul 31 2018 // More than 2,000 homeowners will get free money to retrofit their homes to help them better withstand earthquakes, according to the top official at the California Earthquake Authority. The homeowners were on a waiting list...
Possible Tornado Damages Homes Along Georgia Coast
Jul 31 2018 // Emergency officials say a possible tornado has left a trail of damage on the Georgia coast. No injuries were reported after a funnel cloud was spotted Friday afternoon on Whitemarsh Island, east of Savannah. The Chatham...
Northern California Wildfires Threaten 10,000 Homes
Jul 31 2018 // A pair of wildfires tearing through vineyards and brushy hills threatened some 10,000 homes in Northern California on Tuesday. The two fires straddling Mendocino and Lake counties had burned seven homes by Monday night...
Security First Insurance Co. Enters Florida’s Growing Private Flood Market
Jul 30 2018 // A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First...
Heavy Rainstorm Damaged New Mexico Homes, Infrastructure
Jul 25 2018 // Raging waters from the Santa Fe River and arroyos have caused damage to Santa Fe, N.M. homes, city facilities and infrastructure following a heavy rainstorm. More than 3 inches of rainfall were reported in some areas of...
Flood Model Development Helps Hiscox Re & ILS Enter U.S. Flood Protection Market
Jul 25 2018 // Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and the Caribbean...
Ratings Agency Ignites Controversy Over Financial Strength of Florida Insurers
Jul 24 2018 // With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10...
3 Homes in Georgia Burned Down by Fireworks
Jul 9 2018 // Investigators say improperly discarded fireworks sparked a fire that burned down three Dawson County, Georgia homes. State fire marshal spokesman Glenn Allen tells the Atlanta Journal-Constitution that the fire, which...
Wildfire Destroys 100-Plus Colorado Homes, Other Blazes Burning in West
Jul 3 2018 // More than 100 homes in the Colorado mountains were destroyed by a growing wildfire, while hundreds of others across the parched U.S. West remained under evacuations Tuesday. A fire near Fort Garland, roughly 200 miles...
Florida’s Citizens Delays Decision on Proposed Rate Increases
Jul 2 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Catastrophes Hit Homeowner Insurers; Combined Ratio Moves Above 107: A.M. Best
Jul 2 2018 // After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to 107.1 in 2017 as a result of numerous catastrophes, according to an A.M. Best report. The new...
Rising Homeowners Losses Hurt P/C Insurers: Fitch
Jul 2 2018 // Personal lines underwriting losses rose in 2017 for the fourth year in a row, Fitch Ratings found in a new report. There’s a twist, however. In the three years prior to 2017, personal auto insurance contributed...
One Man’s Solution After Harvey’s Floods? Build His Own Levee.
Jun 29 2018 // After Hurricane Harvey inundated David Bush’s Richmond, Texas, home with 20 inches of rain, he knew he wanted to rebuild but was worried about how his property could be protected from the next big storm. So, Bush...
Fire that Destroyed 36 Homes in Florida Sparked by Controlled Burn
Jun 29 2018 // John Matthew Polous watched a “controlled-burn” fire for three days as it consumed foliage outside his tiny community on the Florida Panhandle. And then he watched as it quickly raged out of control. What he...
