Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Universal Property & Casualty Expands Into Alabama Homeowners Market
Jul 25 2016 // Universal Insurance Holdings, Inc. was approved in June by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC)....
Florida-Based Homeowners Choice Secures Nearly $1B in Reinsurance for 2016-2017
Jul 22 2016 // Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida-based provider of homeowners insurance, has completed its reinsurance program for the 2016-17 reinsurance year, which runs from June 1, 2016...
Alabama Releases Insurance Guide for Coastal Residents
Jul 22 2016 // The Alabama Center for Insurance Information & Research (ACIIR) in partnership with Smart Home America and the Coastal Alabama Partnership has released its new Alabama Coastal Insurance Shopper’s Guide to help...
Ironshore Expands High Net Worth Coverage to Homeowners in Connecticut
Jul 20 2016 // Ironshore Private Client Group has expanded its Ironshore Private Insurance Portfolio product to high net worth homeowners in Connecticut. Ironshore Private Insurance Portfolio coverage is available in four states on an...
Federal Government Sues California Homeowner for $25M over Wildfire
Jul 18 2016 // The federal government is suing a California homeowner for nearly $25 million, contending his negligence sparked a 2013 fire in the mountains east of Los Angeles that forced 5,000 people from their homes. The lawsuit says...
Who is an “Insured” in the Homeowners’ and Personal Auto Policy
Jul 18 2016 // Just because a person lives in the house does not mean he is an insured under the Homeowners’ (HO) or Personal Auto Policy (PAP). Nor does an individual necessarily have to live in the household to be insured on...
At Least 2 Dead in Midwest Floods that Damaged Homes, Stranded Motorists
Jul 14 2016 // At least two people have died in flooding caused by powerful storms that damaged homes, washed out roads and stranded motorists in Wisconsin, Minnesota and Michigan. In northern Wisconsin, an 84-year-old Illinois man died...
Heritage Revokes 14.9% Rate Increase Filing for Florida Homeowners
Jul 13 2016 // After review by the Florida Office of Insurance Regulation (OIR) and much criticism from Florida stakeholders, Florida-based Heritage Property & Casualty Company has withdrawn its request for an overall 14.9 percent...
Identifying True Insurance Needs Based on Realistic Rebuilding Costs
Jul 11 2016 // This post is part of a series sponsored by CoreLogic. Because the reconstruction cost to rebuild a home is generally higher than the original cost to build that same home, the topic often leads to difficult conversations...
With 2016 Hurricane Season Underway, Florida AOB Storm Mounting
Jul 11 2016 // As hurricane season rolls on in Florida, one of the best protections against storms is a strong homeowner/insurance agent relationship. Having the right policy is just the start. Agents can help homeowners protect...
Velosurance Takes Cycling to the Specialty Insurance Market
Jul 11 2016 // Cycling enthusiasts everywhere are watching what might be the world’s most famous bicycling event – the Tour de France – this month. They are also watching some of the world’s most expensive bicycles, which...
The Politics of Safety, Affordability and Building Codes: Viewpoint
Jul 10 2016 // In April, some 1,200 home builders, inspectors, architects and engineers gathered in Louisville, Kentucky, to debate the standards that should guide construction of the next wave of U.S. houses. Engineers had a seemingly...
California Insurers Group Hopes Governor Signs Airbnb Bill
Jul 8 2016 // Another bill dealing with the sharing economy is headed to the California governor’s desk. A bill to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand...
Insurers with High Customer Ratings Rewarded with Higher Returns: Study
Jul 7 2016 // Insurance companies that deliver a great customer experience are rewarded over the long-term by both consumers and investors, according to a new consulting study. The analysis by Watermark Consulting claims that insurers...
Encompass to Use Aerial Technology in Inspecting Homes for Insurance
Jul 7 2016 // Encompass has implemented the use of a tool from EagleView Technologies to capture aerial images of customer homes which the company said will be used to “provide a more accurate and faster assessment when issuing or...
West Virginia Flood Damages At Least 5K Homes; $10M in FEMA Aid Available
Jul 5 2016 // The Federal Emergency Management Agency has approved more than $10 million in individual assistance to West Virginia homeowners and renters following last month’s devastating flooding. FEMA says more than 2,000...
Connecticut AG Says 4 Insurers Agree to Financing Fix for Crumbling Concrete Foundations
Jul 1 2016 // Homeowners in Connecticut are getting some help for crumbling foundations. Connecticut Attorney General George Jepsen said the state has reached a deal with a handful of insurance companies to finance a program meant to...
Universal Property & Casualty Expands Into Alabama Homeowners Market
Jul 1 2016 // Universal Insurance Holdings, Inc. has been approved by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC). The...
Firefighters Advance on California Blaze That’s Destroyed 200 Homes
Jun 27 2016 // Fire crews are making inroads against a raging wildfire in central California that has claimed two lives and destroyed 200 homes. Roughly 2,000 firefighters were battling the blaze, according to officials. Federal fire...
Vertafore Expands Comparative Rating System Into Florida Property Market
Jun 22 2016 // Vertafore, a provider of insurance technology, has added several new homeowner carriers to their flagship comparative rating system PL Rating, expanding the company’s reach into the Florida property market. Since its...
