Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
The Mutual Mistake Doctrine and the Purchase of Insurance
Dec 2 2013 // Every day insurance agents throughout the United States meet with potential insureds to transact the purchase of insurance. Typically, the insurance agent or broker will cover the main features of an insurance policy but...
Florida Attracts Interest from Private Flood Insurance Providers
Dec 2 2013 // With increases in federal flood insurance rates looming, two insurance providers have said they are prepared to sell private flood policies in Florida. Their actions come as state officials are trying to provide guidelines...
Sun Life Signs Car, Home Insurance Referrals Deal with Belairdirect
Nov 27 2013 // Sun Life Assurance Co. of Canada and Intact Financial Corp. announced a referral arrangement to provide Sun Life’s customers in Canada with access to belairdirect.com’s home and auto insurance products through...
Penn. Regulators Offer Tips to Avoid Turkey Frying Homeowners Catastrophe
Nov 26 2013 // The Pennsylvania Insurance Department and the Office of the State Fire Commissioner are cautioning consumers to be extra careful when considering deep frying a turkey as part of the Thanksgiving celebration. While a tasty...
Count of Storm-Damaged Homes in Illinois Expected to Grow
Nov 22 2013 // State officials now say that at least 900 homes in Illinois were either destroyed or badly damaged by the tornado outbreak on Nov. 17. And that figure is likely to grow. Patti Thompson is a spokeswoman for the Illinois...
Connecticut Opens 2 Additional Sandy Relief Centers for Disaster Assistance
Nov 21 2013 // The state of Connecticut is opening two additional intake centers to help homeowners seeking disaster assistance for losses caused by last year’s Superstorm Sandy. Connecticut Gov. Dannel P. Malloy announced Tuesday...
Prospects Dim for Bills to Delay Flood Insurance Rate Hikes
Nov 21 2013 // Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. The leaders of the House Financial Services Committee say they are standing behind...
New York to Buy Homes in Staten Island Neighborhood Hit by Sandy
Nov 19 2013 // Residents of a flood-prone area battered by Superstorm Sandy are getting a financial lifeline, with New York state officials announcing a plan to buy all 129 homes in a New York City neighborhood sandwiched between a tidal...
Hundreds of Homes Destroyed by Midwest Tornado Outbreak: AIR
Nov 19 2013 // Hundreds of homes were flattened by the outbreak of intense late-season thunderstorms accompanied by high winds, quarter-to-baseball sized hail, and dozens of tornadoes that swept across the Midwest on Nov. 17, according...
Access Home Insurance to Take Nearly 10K Policies from Louisiana Citizens
Nov 19 2013 // Access Home Insurance Co. (Access Home) announced it has received authorization to assume nearly 10,000 policies and more than $19 million in premium from Louisiana Citizens Property Insurance Corp., the state’s...
Some Interest in Selling Private Flood Insurance in Florida Surfaces
Nov 19 2013 // With increases in federal flood insurance rates looming, two insurance providers have said they are prepared to sell private flood policies in Florida. Their actions come as state officials are trying to provide guidelines...
Analysis: Louisiana Gov. Jindal in Shadows of Flood Rate Fight
Nov 18 2013 // Steep rate increases for flood insurance are hitting homeowners and businesses across south Louisiana, and state officials and business leaders warn the increases could severely damage local economies. Despite the calls...
Mass. AG Files Federal Brief Urging Court Action on Flood Insurance
Nov 18 2013 // In support of a Mississippi lawsuit that alleges the new FEMA flood insurance rates are arbitrary and unlawful, Massachusetts Attorney General Martha Coakley has filed an amicus brief in federal court arguing that FEMA...
Builder Claims Drilling Rights Under 2,500 Florida Homes: Report
Nov 18 2013 // When Mallory and Zach Sinclair were looking for their first home, they swooned over a new townhouse in the Brandon, Florida subdivision of Whispering Oaks. With well-manicured lawns, it looked fresh and untouched, with...
2013 State Specialist P/C Insurers Revealed
Nov 18 2013 // State Specialists are often an independent agent’s most reliable and consistent market. These companies are focused on a specific geographic area, understand it and consistently strive to serve it. The Demotech...
N.J. Wants Sandy Money Shifted to Housing Repairs
Nov 18 2013 // As many as 1,100 families on waiting lists for help rebuilding their homes after Superstorm Sandy could benefit from a plan New Jersey has to move additional storm recovery funds to repair programs. The state’s...
Regulator Looks to Restrict Force-Placed Insurance Fees
Nov 18 2013 // A U.S. housing regulator said on Nov. 5 that it would ban some fees and commissions that borrowers are compelled to pay when their own home insurance coverage lapses. The Federal Housing Finance Agency said it was aiming...
Safeco in California to Pay Out $3M For Using Credit Scores
Nov 15 2013 // Safeco Insurance Co. has agreed to pay a $900,000 fine and reform its approval process for homeowners and auto insurance coverage, California Insurance Commissioner Dave Jones announced Friday. Safeco was fined for the...
Central Texans’ Interest in Flood Insurance Rises Along with Claims
Nov 13 2013 // Insurance agents in Austin, Texas, report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities....
Allstate’s Esurance Hopes Bundling Auto, Home Coverages Will Separate It From Geico
Nov 12 2013 // Esurance, the online car insurance seller owned by Allstate Corp., is betting that bundling auto and home policies will help it compete with Berkshire Hathaway Inc.’s Geico unit and Progressive Corp. Esurance started...
