Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Viewpoint: California’s Homeowners Insurance Shift: Population, Inflation, and Admitted Insurer Exits
Jan 19 2024 // The excess and surplus lines homeowners’ insurance market in California has undergone significant changes in recent years. The number of policies has changed substantially in over the last decade—first increasing,...
Orion180 Expands Homeowners Insurance to Georgia and Indiana
Jan 11 2024 // Orion180 announced the expansion of its homeowners insurance products to the states of Georgia and Indiana. Underwriting through Orion180 Select Insurance Co., an admitted insurance company domiciled in Indiana, Orion180...
Mortgage Value Limit for Homeowners? That Sounds Like a Bad Idea
Jan 5 2024 // For context, I suggest that you read this Insurance Journal story that provides some details related to the bill that I want to discuss. Here’s the link:...
2024 Oregon Consumer Laws Include Protections for Homeowners Dealing with Wildfire
Dec 29 2023 // Consumer protections for homeowners dealing with wildfire-related issues, property contents coverage, personal data protection and prescription drugs are set to go into effect in 2024. The Oregon Division of Financial...
As Homeowners Face Mounting Disasters, Reality TV Wants to Help
Dec 6 2023 // Television networks are tapping into a mounting challenge affecting many US homeowners: Rebuilding after disasters. Rachael Ray — the chef whose TV programs on quick dinners gained popularity in the early 2000s — has...
Climate Change, Natural Disasters Sent Texas Homeowners Insurance Rates Skyrocketing in 2023
Dec 1 2023 // Insurance companies across Texas have dramatically increased home insurance rates this year, state filings show, as climate change spooks executives and inflation pushes up costs to rebuild after natural disasters. Texas...
Funeral Home Owners Where Decomposing Bodies Found Returned to Colorado
Nov 28 2023 // The owners of a defunct Colorado funeral home where 190 sets of decomposing human remains were found have been returned to the state to face hundreds of felony charges. Carie Hallford appeared in District Court in Colorado...
HCI’s Homeowners Choice Takes On 53.7K Florida Citizens Policies; TypTap Goes Next
Nov 22 2023 // Homeowners Choice Property & Casualty Insurance Co. recently assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company. The policies assumed amount to...
Devastated California Town Struggles to Rebuild Amid High Home Insurance Costs
Nov 8 2023 // Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. After the fire, she got divorced, which left her with only...
Farmers, USAA Lead Pack in Hiking Homeowners Insurance Rates in 2023: S&P
Nov 6 2023 // Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each to lead all other insurers. According to S&P Global Market...
Markets/Coverages: Green Shield Introduces Specialty Homeowners Platform With INSTANDA
Oct 18 2023 // Chicago-based Green Shield Risk Solutions has announced the introduction of its specialty homeowners insurance platform built with INSTANDA. Brought to market in just over 90 days, the platform enables quoting, binding and...
Homeowners Face Rising Insurance Rates as Climate Change Makes Wildfires, Storms More Common
Oct 16 2023 // A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report...
Homeowners Unprepared for Non-Weather-Related Water Damage: Hanover Report Shows
Oct 16 2023 // Homeowners lack preparedness for non-weather-related water damage, even though water damage ranks as the second most prevalent cause of insurance loss claims, according to The Hanover Insurance Group in a new...
Viewpoint: Reinsurance Solution Would Help Homeowners Exposed to Wildfires Face the Challenge
Oct 12 2023 // Wildfire has become an increasingly challenging threat in many Western States. With an ever-increasing frequency and intensity, this continues to pose a serious threat to lives and properties across the exposed area....
Police Didn’t Give Alabama Homeowner Time to Respond Before Firing, Lawyer Says
Oct 10 2023 // DECATUR, Ala. (AP) — An attorney representing the family of a Black man who was fatally shot at his home by police said Friday that officers did not give the man time to respond before they opened fire. Steve...
Most Homeowners Face Barriers to Improve Resiliency, Says APCIA Survey
Oct 10 2023 // As personal property owners face issues related to rising frequency and severity of natural catastrophes, a survey has found many do not have money or know where to start in order to mitigate damages. The American Property...
Farmers, USAA Lead Pack in Hiking Homeowners Insurance Rates in 2023: S&P
Oct 4 2023 // Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each to lead all other insurers. According to S&P Global Market...
Homeowners Unprepared for Non-Weather-Related Water Damage: Report
Oct 2 2023 // Homeowners lack preparedness for non-weather-related water damage, even though water damage ranks as the second most prevalent cause of insurance loss claims, according to The Hanover Insurance Group in a new...
Policygenius Finds Average Home Insurance Prices Up 21%
Oct 2 2023 // Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance...
Unstable Homeowners
Oct 2 2023 // The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance...
