Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
MAPFRE Insurance Enters Pennsylvania Auto, Home Insurance Market
Jul 3 2014 // MAPFRE Insurance has entered the Pennsylvania insurance market. MAPFRE’s operations in Pennsylvania will be headquartered in King of Prussia and the company will offer private passenger automobile and homeowners...
Mass. Senate OKs Bill Tying Required Flood Coverage Amount to Mortgage Balance
Jun 30 2014 // The Massachusetts state Senate on June 26 passed legislation filed by the state’s attorney general, Martha Coakley, and state House Speaker Robert DeLeo aimed at softening the impact of flood insurance rate...
Tornado, Severe Storms Damage Homes in Ohio
Jun 26 2014 // Parts of Ohio are again cleaning up after severe storms rolled through — including a tornado that touched down in northeast Ohio. The National Weather Service confirmed a high EF1 or EF2 tornado touched down on June 23...
New Wisconsin Law Aims to Protect Against ‘Storm Chasers’
Jun 24 2014 // There’s a new state law that aims to protect homeowners against unscrupulous contractors who offer to repair the sort of storm damage that occurred last week in southern Wisconsin. The law’s provisions seem to...
Florida’s HCI Moves to Acquire Competitor Prepared Insurance
Jun 24 2014 // The parent company of one of Florida’s largest home insurers has entered into a non-binding deal to purchase another state-based insurer in a move that could affect 21,500 state policyholders. HCI Group Inc....
No New Rights in Florida’s Homeowners’ Bill of Rights
Jun 23 2014 // Florida’s passage of a homeowners’ claims bill of rights left few satisfied after lawmakers largely codified current law while avoiding controversial issues such as the practice of policyholders assigning their...
Massachusetts FAIR Plan Mulls Appeal of Commissioner’s Rate Decision
Jun 20 2014 // The Massachusetts Property Insurance Underwriting Association (“FAIR Plan”) said its board of directors will meet next week to decide whether to file an appeal to challenge Insurance Commissioner Joseph G....
Wildfire Threatens Homes in New Mexico
Jun 18 2014 // Firefighters are bracing for another day of hot, dry and windy conditions as they battle a fast-moving wildfire in New Mexico. The Assayii Lake Fire blackened more than 19 square miles in less than two days while making...
Mass. AG Sues Fannie Mae, Freddie Mac Over Foreclosure Law
Jun 16 2014 // Massachusetts Attorney General Martha Coakley has sued the Federal Housing Finance Agency (FHFA) and the mortgage giants Fannie Mae and Freddie Mac for allegedly violating the state’s 2012 foreclosure prevention...
Frontline Introduces Coastal Rental Home Insurance in South Carolina
Jun 12 2014 // Frontline Insurance has launched a new rental home insurance product for owners of rental property in South Carolina. The coverage protects non-owner occupied properties in coastal areas and offers protection from fire...
Report: Louisiana Nursing Homes Rank Among the Worst
Jun 10 2014 // The quality of care at Louisiana’s nursing homes is among the worst in the nation, with high rates of bed sores and physical restraints and low levels of nursing staff, according to a state legislative report...
Massachusetts DOI Rejects FAIR Plan Rate Increase
Jun 9 2014 // Massachusetts Commissioner of Insurance Joseph G. Murphy announced Monday his decision rejecting the Massachusetts Property Insurance Underwriting Association’s (“FAIR Plan”) request to increase its...
Wildfire Publicity Lights Fire Under California Homeowners
Jun 3 2014 // The recent plague of wildfires in Southern California and in neighboring states seems to have more people checking on their homeowners policies – and more people concerned about the threat of wildfires may be taking some...
Mass. AG Sues Fannie Mae, Freddie Mac Over Foreclosure Law
Jun 3 2014 // Massachusetts Attorney General Martha Coakley is suing the Federal Housing Finance Agency (FHFA) and the mortgage giants Fannie Mae and Freddie Mac for allegedly violating the state’s 2012 foreclosure prevention...
Virginia Bureau of Insurance Offers Hurricane Preparedness Tips
Jun 2 2014 // Sunday, June 1, marked the official start of the 2014 Atlantic hurricane season, and Virginia’s Bureau of Insurance is encouraging consumers to ensure that they have the insurance coverage they need and to develop a...
Lower Cat Losses Helped Home Insurers to First Profit Since 2007: SNL
Jun 2 2014 // The U.S. homeowners insurance industry benefited from lower catastrophe activity in 2013 and became profitable for the first time since 2007, according to an analysis by SNL Financial. According to SNL, all of the top 20...
Christie: All Eligible Sandy-Damaged Homes in N.J. Will Get Funding to Rebuild
May 30 2014 // All New Jersey homeowners who were put on a waiting list for the state’s signature post-Superstorm Sandy housing program will receive funding to rebuild, New Jersey Gov. Chris Christie said Wednesday. Christie said...
San Diego Fires Took More Than 40 Homes
May 20 2014 // Officials say at least 47 homes were destroyed during last week’s outbreak of nearly a dozen wildfires in San Diego County. State fire officials said Sunday at least 39 homes in the suburb of San Marcos were...
Penn. Court: Homeowners’ Policy Doesn’t Cover Injury From Insured’s Prank
May 16 2014 // A Pennsylvania appeals court has affirmed this month that a homeowners’ insurer has no duty to defend or indemnify in an underlying case where the policyholder’s teenage son caused an injury to a friend during...
Lower Cat Losses Helped Home Insurers to First Profit Since 2007: SNL
May 16 2014 // The U.S. homeowners insurance industry benefited from lower catastrophe activity in 2013 and became profitable for the first time since 2007, according to an analysis by SNL Financial. According to SNL, all of the top 20...
