All the headlines from our Homeowners Topic Page, ordered by recency.
Nov 18 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it.Due to rising trends in the frequency and severity of...
Nov 18 2024 // A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by...
Nov 18 2024 // The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home...
Nov 12 2024 // Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19.The Mayfield, Ohio-based insurer late last week said the decision to discontinue writing the coverage,...
Nov 4 2024 // Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule.The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons...
Nov 1 2024 // Allstate said it sees opportunity where others may not โ in homeowners insurance. And the insurer plans to use all three distribution channels to do it.Due to rising trends in the frequency and severity of...
Oct 29 2024 // A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by...
Oct 24 2024 // The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions.The ninth annual LexisNexis U.S. Home...
Oct 22 2024 // Louisiana nursing home owner Bob Dean Jr. and several companies he operated have agreed to an $8.2 million consent judgment to resolve allegations that they misappropriated and misused the assets and income of four nursing...
Oct 21 2024 // A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers...
Oct 11 2024 // On an early August morning, a roofing contractor arrived at a Lafayette, Louisiana couple’s house and requested permission to inspect the home’s roof. The roofer’s arrival wasn’t unexpected.The...
Oct 8 2024 // A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers...
Oct 7 2024 // Hippo, a publicly traded property insurance brokerage based in California, said it will expand its new homes insurance program in the disaster-prone states of Florida, Texas and California.By the end of this year, Hippo,...
Sep 26 2024 // Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024...
Sep 18 2024 // Chubb, AIG, and Amica lead other insurers in J.D. Power’s assessment of customer satisfaction for home insurance, but the consumer intelligence company said more people are shopping around.The good news for insurers...
Sep 10 2024 // SAN DIEGO, CA., September 10, 2024 โ Arrowhead General Insurance Agency, Inc. is pleased to announce its new carrier relationship with DB Insurance Company. Together we have introduced a new admitted homeowner’s...
Aug 26 2024 // Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said...
Aug 5 2024 // A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says...
Aug 5 2024 // Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with only moderate rate increases and more availability.But those calmer waters apparently have not...
Aug 2 2024 // Orion180 has announced its expansion into the Buckeye State.According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s...