Latest Homeowners Headlines

All the headlines from our Homeowners Topic Page, ordered by recency.

Ala. Gov. Bentley Touts New Homeowners’ Insurance Laws

Jul 2 2012 // Alabama’s governor is promoting new laws designed to make homeowners’ insurance more affordable after hurricanes drove up prices.Gov. Robert Bentley, who owns a vacation home on the coast, made...

Force-Placed Insurers to Submit Lower Rates in N.Y.

Jul 2 2012 // New York regulators have ordered three major insurers offering “force-placed” homeowners insurance in New York to submit proposals for new premium rates.The state’s Department of Financial Services (DFS)...

Maryland Teens Rebuild Vermont Homes Destroyed by Irene

Jun 25 2012 // A group of Maryland teenagers is helping rebuild two Vermont homes nearly destroyed last year by flooding from Tropical Storm Irene.The group calls itself DreamBuilders, and the members came to the White River Junction...

Sinkhole Threatening Homes in Tampa Bay Area

Jun 22 2012 // A giant sinkhole swallowed the back half of a Tampa Bay area home and is threatening nearby homes.Homeowner Susan Minutillo says she returned from running errands Wednesday afternoon to find half of her house destroyed....

PURE Introduces Flood Insurance Product for High-Value Homeowners

Jun 19 2012 // As Hurricane Season begins, Privilege Underwriters Reciprocal Exchange (PURE) has launched a flood coverage suite to owners of well-built, high-value homes across most of the United States. PURE Flood Solutions is a...

Colorado Wildfire Rages: 189 Homes Destroyed

Jun 18 2012 // Another eight structures burned in the High Park Fire in Colorado overnight, bringing the tally to 189 homes burned and making it the most destructive fire in the state’s history, officials said on Monday.No...

Colorado Wildfire Burns Most Homes in State History

Jun 18 2012 // A wildfire in northern has scorched about 85 square miles of forest land and destroyed at least 181 homes, the most in state history. The destructiveness of the High Park Fire burning 15 miles west of Fort Collins...

Farm Mutual Insurance Co. Under Montana Supervision

Jun 18 2012 // Montana’s insurance commissioner has placed Great Falls-based Westland Farm Mutual Insurance Co. under her office’s supervision, citing the company’s diminishing cash reserves.Commissioner of Securities...

The Next New Thing

Jun 18 2012 // Every few years there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear of Y2K...

Habitat to Build Homes for Tornado Victims

Jun 18 2012 // Habitat for Humanity is planning to build nine houses in Indiana for residents displaced by tornadoes. Madison’s local planning commission recommended that the city council rezone 1.25 acres of former city property...

Deductible Reminder

Jun 18 2012 // Eighteen coastal states permit insurers to use hurricane deductibles in their homeowners policies. But the Insurance Information Institute is concerned insureds may not see them even though they are clearly listed on their...

Ala. Gov. Bentley Touts New Homeowner’s Insurance Laws

Jun 15 2012 // Alabama’s governor visited the Gulf coast this week to promote new laws designed to make homeowner’s insurance more affordable after hurricanes drove up prices.Gov. Robert Bentley told Foley residents that he...

Farm Mutual Insurance Co. Under Montana Supervision

Jun 8 2012 // Montana’s insurance commissioner has placed Great Falls-based Westland Farm Mutual Insurance Co. under her office’s supervision, citing the company’s diminishing cash reserves.Commissioner of Securities...

Habitat to Build Homes for Indiana Tornado Victims

Jun 8 2012 // Habitat for Humanity is planning to build nine houses in Madison for southern Indiana residents displaced by tornadoes.Madison’s local planning commission recommended that the city council rezone 1.25 acres of former...

AAIS Revises Mobile-Homeowners Forms, Endorsements, Manual

Jun 8 2012 // The American Association of Insurance Services (AAIS) has developed and filed a comprehensive revision to its mobile-homeowners program. AAIS is a national insurance advisory organization that develops policy forms and...

Penn. Officials Say Summer Activities Bring Special Insurance Concerns

Jun 4 2012 // Pennsylvania insurance regulators are reminding consumers to keep insurance needs in mind when vacationing, entertaining or enjoying other warm-weather activities. Regulators are advising consumers to check for the...

Florida’s Citizens Hears Depopulation Ideas

Jun 4 2012 // When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the...

Tennessee Cracks Down on Roofing Contractor Fraud

Jun 4 2012 // Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under...

N.Y. Holds Hearings on ‘Force-Placed’ Insurance

Jun 4 2012 // Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the...

R.I. Enacts New Hurricane Insurance Law

Jun 4 2012 // Rhode Island Gov. Lincoln Chafee on May 22 signed into law legislation designed to provide additional protection to homeowners when their properties suffer damages from hurricanes.The legislation (House bill 2012-H7484A...