Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Lincoln, Nebraska to Pay $127K to Homeowners for Sewage Flood Damage
Apr 7 2014 // The city of Lincoln, Neb., is paying thousands to more than a dozen homeowners whose basements were flooded with sewage. A water main break in the Belmont neighborhood of north Lincoln early New Year’s Day filled a...
New York DFS Becoming ‘National Player’ Among Insurance, Banking Regulators
Apr 7 2014 // On a June morning in 2012, New York bank examiners paid surprise visits to the offices of Ocwen Financial Corp., the biggest non-bank mortgage servicer. That break with tradition — examiners typically set up...
North Carolina Coastal Homeowners Weigh Self-Insuring for Floods Due to Premium Hikes
Apr 7 2014 // Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But with sharp increases in...
Mercury Ins. Lowers Homeowners Rates in Penn., Seeks to Grow Market Share
Apr 3 2014 // Mercury Insurance said the company is lowering its homeowners insurance rates for Pennsylvania residents by an average of 10 percent. The Los Angeles-based insurer said the rate reduction would help attract more...
Texas Brine Contractors Staying in Homes Near Louisiana Sinkhole
Apr 3 2014 // Texas Brine Co. has moved contractors working on the Bayou Corne-area sinkhole in Louisiana into three homes the company purchased from residents who left after the failure of a company-operated salt dome cavern. Texas...
Ironshore Personal Lines Launches Primary Flood Coverage for High Value Homes
Apr 2 2014 // Ironshore’s Personal Lines unit has expanded property coverage protection for high net worth homeowners. Ironshore will offer a primary flood option as part of its homeowners insurance for properties valued at $1...
NYC Sandy Victims Frustrated at Delays in City’s Home Rebuilding Program
Apr 2 2014 // A year and a half after Superstorm Sandy decimated New York City’s coastline, a city-run program that was supposed to rebuild wrecked homes has only begun construction on three houses, and officials say they will...
Florida Homeowners Insurance ‘Bill of Rights’ Slowed by Fraud Measure
Mar 31 2014 // Florida’s chief financial officer went to the Legislature this spring with a simple request: grant additional protections to customers dealing with property insurance companies. But the push by Jeff Atwater is in...
North Carolina Coastal Homeowners Weigh Self-Insuring for Floods
Mar 27 2014 // Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But, with sharp increases in...
In Virginia, Over 20K People May See Flood Insurance Rate Hikes of Up to 25%
Mar 26 2014 // More than 20,000 Virginia homeowners and businesses could see their rates for flood insurance rise up to 25 percent as part of an attempt to put the troubled National Flood Insurance Program back on sound financial...
Florida Legislature Seeks to Entice Private Insurers to Sell Flood Policies
Mar 24 2014 // The Florida Legislature is moving forward on a plan to entice private insurance companies to sell flood policies in the state that’s the most vulnerable to storm surge. It’s not clear, though, that many private...
President Obama Signs Flood Insurance Relief Bill
Mar 24 2014 // Homeowners living in flood-prone areas are getting relief from big spikes in insurance costs under legislation President Barack Obama signed into law last Friday. Lawmakers from both parties supported the measure in...
Michigan Congresswoman Miller: Flood Insurance Bill Bad for State
Mar 24 2014 // A U.S. Congresswoman from Michigan wants her state to opt out of the National Flood Insurance Program, saying it’s not good for Michigan homeowners. U.S. Representative Candice Miller (MI-10) voted against H.R. 3370,...
Top 5 States for Auto, Home Insurance Rate Hikes: Perr&Knight
Mar 24 2014 // Personal auto insurance companies increased their rates by an average of 2.5 percent countrywide in 2013, while home insurers increased their rates by an average of 5.1 percent, according to figures compiled from...
Hartford Steam Boiler Announces Help Desk Service for Homeowners
Mar 20 2014 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB) is now offering technical support services for homeowners through a partnership with Sutherland Global Services (Sutherland), a provider of business process...
Prices for Ohio Auto, Home Insurance Below U.S. Average
Mar 17 2014 // An Ohio insurance industry trade association says homeowner and auto insurance costs for most Ohioans remain below the U.S. average. The Ohio Insurance Institute released a report saying Ohio has the sixth lowest average...
President Obama Will Sign Flood Insurance Relief Bill
Mar 16 2014 // President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills. The legislation, which cleared Congress on Thursday,...
Jersey Shore Residents Hail Passage of Flood Insurance Relief Bill
Mar 15 2014 // Sue Suebelka, who had little fish swimming among the shelves of her new refrigerator, won’t have to pay quite as much for flood insurance. Kim Ely, who still washes dishes in a bucket and eats dinner from a microwave...
Mass. House OKs Bill to Soften Impact of Flood Insurance Rules
Mar 13 2014 // The Massachusetts House on Wednesday unanimously approved a bill designed to soften the impact of new federal flood insurance rules on many of the state’s coastal homeowners. The measure, sponsored by Democratic...
Senate Approves Bill to Curb Flood Insurance Hikes
Mar 13 2014 // The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner Flood...
