All the headlines from our Homeowners Topic Page, ordered by recency.
Feb 21 2022 // Assemblyman Marc Levine, D-Marin County, introduced legislation to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas prone to...
Feb 17 2022 // Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move the high-net worth...
Feb 17 2022 // Two bills that many in the insurance industry hope will solve some of Florida’s worsening property insurance problems moved a step closer to becoming law Wednesday when they passed a key Senate subcommittee.The...
Feb 16 2022 // Florida’s chief financial officer is applauding lawmakers for approving a home-hardening measure that could affect homeowners insurance rates in years to come.“Since last year, we’ve been pushing hard on...
Feb 11 2022 // A judge has denied a request a preliminary injunction to halt the enforcement of an order from California Insurance Commissioner Ricardo Lara that the California FAIR Plan Association offer an expanded homeowners insurance...
Feb 11 2022 // Recently posted data provides new insight on the dire financial situation for Florida Farm Bureau, one of four carriers that announced it would stop writing or non-renew thousands of homeowner policies in Florida this...
Feb 10 2022 // Kentucky homeowners affected by the COVID-19 pandemic and economic slowdown can now apply for assistance to help pay insurance, mortgages and property taxes, the state’s governor announced.The program is funded...
Feb 8 2022 // The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to stop writing new homeowner business in the state – while also asking for a rate increase...
Feb 7 2022 // If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about: A Miami company is now offering cryptocurrency-based mortgages.Some insurance representatives are...
Feb 3 2022 // Assemblyman Marc Levine, D-Marin County, on Thursday introduced legislation designed to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas...
Feb 2 2022 // It came later than some had expected, but Florida’s Senate Banking and Insurance Committee on Wednesday passed a much-anticipated bill that aims to close gaps left by last year’s insurance reform...
Feb 1 2022 // Another Florida property insurer is taking major steps to cut its losses, including suspending the writing of new homeowner policies starting this week – the latest warning sign about the state’s distressed...
Jan 26 2022 // If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about: A Miami company is now offering cryptocurrency-based mortgages.Some insurance representatives are...
Jan 24 2022 // Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in...
Jan 18 2022 // Homeowners of America, a property/casualty insurance provider and subsidiary of Porch Group Inc., launched service in Montana. With the addition of Montana, HOA now operates in 14 states. HOA launched its service in New...
Jan 14 2022 // Homeowners of America, a property/casualty insurance provider and subsidiary of Porch Group, Inc., launched its service in New Mexico. New Mexico marks HOA’s 13th state of operation and the first expansion of...
Jan 11 2022 // Technology-driven Hippo has expanded its commercial lines homeowners association (HOA) insurance offering into 15 additional states after debuting it last August in Arizona.Hippo’s HOA insurance is now available in...
Dec 20 2021 // The number of California homeowners non-renewed by insurers fell by 10%statewide in 2020 compared with the previous year, as mandatory moratoriums by Insurance Commissioner Ricardo Lara made up more than 80% of the...
Dec 16 2021 // The board of governors for Citizens Property Insurance Corp., Florida’s state-backed insurer of last resort, wants the maximum allowed rate increase – 11% for next year and 12% for 2023 – in an effort to stem the...
Dec 8 2021 // A Maryland home was accidentally burned to the ground by an owner trying to get rid of a snake infestation, officials said.The homeowner in Poolesville, a town about 25 miles outside of Washington D.C., was attempting to...