Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
California Earthquake Authority Proposes to Lower Rates
Oct 23 2014 // The California Earthquake Authority on Thursday proposed an average 8 percent decrease in rates. CEA’s Advisory Panel recommended the rate decreases, along with additional coverage options in deductibles, discounts...
North Carolina Opens Hearing on Homeowners Rate Hike
Oct 22 2014 // North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with...
Feds Want Louisiana Road Home Money Back
Oct 20 2014 // New Orleans must return hundreds of millions of dollars paid in home elevation grants after Hurricane Katrina, the U.S. Department of Housing and Urban Development says. The department wants names of nearly 18,000...
N.J. Regulator: 99.4% of Non-Flood Sandy Claims Settled
Oct 20 2014 // Ken KobylowskiNew Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New...
Latest Colorado Hail Storm May Impact Insurance Industry Nationally
Oct 20 2014 // Colorado’s insurance industry is weighing its options after the latest hailstorm hit densely populated South Metro Denver — unusual for the Rockies in late September. What Coloradans might likely see down the...
Large Agencies More Optimistic About Future Growth: Vertafore Study
Oct 17 2014 // Optimism over the future growth potential of independent agencies ties closely to the size of the independent agency, with larger agencies feeling more optimistic about future growth than their smaller counterparts,...
Homeowners Sue Golf Course For Negligence in California Fire
Oct 17 2014 // A group of homeowners has sued a golf course owner for negligence, stemming from a wildfire that destroyed eight houses, two businesses and an apartment complex near San Diego. The lawsuit filed last week in San Diego...
N.J. Commissioner: 99.4% of Non-Flood Sandy Claims Settled
Oct 8 2014 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New Jersey, 99.4...
Insureds Rarely Have Home Inventories Despite Benefits, Say Claims Pros
Oct 6 2014 // Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. An Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of homeowners...
Millennials’ Dissatisfaction Rates Highest for Home Insurance
Oct 6 2014 // Gen Y customers – or Millennials – who comprise the largest group of homebuyers and renters in the United States, are more critical of their homeowners and renters insurance experiences than any other generational...
Alabama’s Lessons from Hurricane Ivan at 10th Anniversary
Oct 6 2014 // Last month marked the 10th anniversary of Hurricane Ivan, one of the costliest tropical storms to ever hit the U.S. Ivan came ashore near Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 storm. The storm also...
Florida Arrests 5 on Insurance Fraud Charges
Oct 2 2014 // Florida Chief Financial Officer Jeff Atwater announced the arrests of five NBRC Roofing Co. employees for allegedly organizing a $525,000 insurance fraud scheme. The Tampa-based company is accused of leaving 97 homeowners...
Mississippi, Alabama Homes Recognized As Storm Fortified
Sep 24 2014 // The Insurance Institute for Business and Home Safety has recognized three South Mississippi home builders for building homes that are more disaster-resistant. IBHS also recognized three homes in south Alabama. In January,...
Helping Clients Through Home Renovations
Sep 22 2014 // Home renovations are in high gear these days, thanks to low interest rates on second mortgages and bank loans. But, the construction process itself is typically fraught with anxiety, given longer-than-expected timeframes...
Homeowner Rate Hikes Go Unchallenged by Texas Commissioner
Sep 22 2014 // Texas’ insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate. Insurance Commissioner Julia...
Explosive Growth From California Wildfire Threatens Homes
Sep 19 2014 // An out-of-control wildfire that was threatening more than 2,000 homes in Northern California showed explosive growth, consuming tens of thousands of additional acres, fire officials said Thursday. The fire east of...
Building Stronger, Other Lessons from Hurricane Ivan at 10th Anniversary
Sep 18 2014 // This week marks the 10th anniversary of Hurricane Ivan, one of the costliest tropical storms to ever hit the U.S. Ivan came ashore near Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 storm. The storm also...
100 Homes Destroyed by Northern California Wildfire
Sep 16 2014 // A wind-driven fire cut through a small California town near the Oregon border on Monday damaging or destroying 100 homes and prompting evacuation orders for at least 1,500 people, authorities said. The town near the base...
Indiana City Replacing Flooded Homes with Trees
Sep 15 2014 // By the end of next year, a forest planted in Franklin, Ind., to replace dozens of flood-damaged homes will have about twice the number of trees it has now. But residents will have to wait several years before the trees...
Homeowner Insurance Rate Hikes not Challenged by Texas Commissioner
Sep 15 2014 // The Texas insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate. Insurance Commissioner Julia...
