Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
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Regulation (OIR) and much criticism from Florida stakeholders, Florida-based Heritage Property & Casualty Company has withdrawn its request for an overall 14.9 percent...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...
13 Alabama Families Displaced After Severe Weather Damages Homes
Jun 20 2016 // Storms moving through Huntsville, Ala., damaged three apartment buildings severely enough to displace residents. Winter Park Apartments property manager Alejandra Chavez tells WHNT-TV that 13 families couldn’t stay...
Texas Public Insurance Counsel: Deny Texas Homeowner Policy Arbitration Endorsement
Jun 20 2016 // A Texas insurance company has filed to offer an optional endorsement to its homeowners insurance policy that would require mandatory arbitration in claims disputes in exchange for a premium discount, and the head of the...
Allstate Returns to California Homeowners Market With 12.6 Percent Reduction
Jun 14 2016 // Allstate Insurance returned to the California homeowners insurance market this week following a nine-year absence writing new policies. Insurance Commissioner Dave Jones welcomed Allstate, which entered into an agreement...
Consumer Advocates Urge Denial of Texas Homeowner Policy Arbitration Endorsement
Jun 9 2016 // A Texas insurance company has filed to offer an optional endorsement to its homeowners insurance policy that would require mandatory arbitration in claims disputes in exchange for a premium discount, and the head of the...
Jim Justice-Owned Mine Cited by Kentucky Regulators for Mudslide Damage to Homes
Jun 9 2016 // Kentucky regulators have cited a company owned by coal operator Jim Justice for conditions that they say contributed to a mudslide and flooding that damaged six homes in Pike County. Kentucky Energy and Environment Cabinet...
Chubb Offers Cyber Bullying Cover for Canadian Homeowner Clients
Jun 7 2016 // Chubb has added cyber bullying coverage to its Canadian Masterpiece Family Protection policy to help cover clients and their families from the expenses associated with a cyber bullying incident. Chubb’s cyber...
