Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Hawaii Homeowners Get $27M in Development Dispute
Sep 10 2015 // A Hawaii jury has awarded Ewa Beach homeowners about $27 million in a lawsuit against a developer trying to build a recreational lagoon instead of the marina it originally planned. The jury ruled Tuesday that Haseko must...
U.S. Chinese Drywall Victims Face China’s Legal Wall of Immunity
Sep 9 2015 // More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit...
Florida Approves Citizens’ 2016 Rates With Minor Adjustments
Sep 9 2015 // The Florida Office of Insurance Regulation has approved a slate of 2016 property insurance rates for Citizens Property Insurance Corp. In an order signed September 8 by Florida Commissioner Kevin McCarty, FLOIR set the...
How Population Shifts Are Changing Personal Lines Insurance
Sep 8 2015 // There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to undergo changes in its demographic structure, an industry report states. The...
Hurricane Katrina: Every Number Tells a Story
Sep 7 2015 // In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state...
Top 3 Trends that Can Affect Residential Property Valuations
Sep 4 2015 // This post is part of a series sponsored by CoreLogic. Accurate property valuation is critical to insurers as well as homeowners. In the event that a property is undervalued, insurers lose out on premium revenue while the...
Dutch Court Rules Gas Producer NAM Must Compensate Quake Zone Homeowners
Sep 2 2015 // A Dutch court ruled on Wednesday that gas producer NAM must compensate homeowners for falls in the value of their properties due to earthquakes linked to gas production at the Groningen field in the north of the...
Penn. Advises Homeowners to Reduce Property Hazards, Avoid Coverage Loss
Sep 1 2015 // Pennsylvania Insurance Commissioner Teresa Miller is advising consumers that the Pennsylvania Insurance Department is available to help homeowners adhere to reasonable requests by insurers to make their properties safer...
Homes, Vehicles Flooded in Sioux Falls
Aug 31 2015 // More than half a foot of rain fell in parts of Sioux Falls, S.D., leading to flash flooding that inundated basements, stranded dozens of motorists and cut electricity to thousands of homes. Mayor Mike Huether said...
Plagued by Drought, California Prepares For El Niño Storms
Aug 27 2015 // While drought-plagued California is eager for rain, the forecast of a potentially Godzilla-like El Niño event has communities clearing out debris basins, urging residents to stock up on emergency supplies and even talking...
Hurricane Katrina: The Numbers Tell Their Own Story
Aug 26 2015 // In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state...
Fire Burning Near California Ski Resort Threatens Homes
Aug 25 2015 // Hundreds of mountain homes remained threatened on Monday as crews increased containment of a wildfire burning through timber near a popular Southern California ski resort. Water cannons usually used for making snow were...
At Least 36 Homes Destroyed by Oregon Wildfire
Aug 20 2015 // The Grant County Sheriff’s Office says at least 36 homes have been destroyed by an Eastern Oregon wildfire, 10 more than previously reported. Gov. Kate Brown met Wednesday with victims of the fire near John Day and...
Progressive Insurance CEO on 5 Macro Trends of Note
Aug 19 2015 // By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have...
Homeowners of America Insurance Adds Volkert as Houston Area Sales Rep
Aug 17 2015 // Jason Volkert has joined Irving, Texas-based Homeowners of America Insurance Co. (HOAIC) as the insurer’s sales representative for the Houston area. Volkert has 17 years of insurance industry experience, including...
Progressive CEO Renwick’s 5 Macro Trends of Note
Aug 17 2015 // By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have...
Massachusetts Senate to Probe Home Insurance Rate Hikes
Aug 17 2015 // The Massachusetts Senate’s oversight body is launching an inquiry into homeowners insurance rate increases approved by the Division of Insurance (DOI) this year after a brutal winter led to increased claims...
Why Home Inventories Aren’t Just for the Rich
Aug 6 2015 // Wild weather has become more common with climate change, the experts say, and homeowners can prepare for natural disasters by making home inventories — detailed lists of household belongings and their approximate...
Munich Re Launches Inland Flood Insurance Product for U.S. Homeowners
Aug 6 2015 // Munich Reinsurance America, Inc. has launched a new personal lines inland flood insurance product designed to provide more options for homeowners in low-to-moderate-hazard flood zones. According to the National Flood...
Proposal: Newtown Victims’ Families Would Split $1.5M From Homeowner Policy
Aug 4 2015 // The families of more than a dozen victims of the Newtown school shooting rampage in Connecticut would split $1.5 million under proposed settlements of lawsuits against the estate of the gunman’s mother. The lawsuits...
