All the headlines from our Homeowners Topic Page, ordered by recency.
Dec 6 2021 // A consumer contacted me via email with an interesting coverage inquiry:“Two questions, please: “I have an in-home ‘business’ involving the manufacturing and distribution of toys for children. I do...
Nov 24 2021 // North Carolina homeowners will see insurance premiums climb an average of 7.9% next year, but that’s much less of an increase that a state rating bureau had requested, the state insurance commissioner announced.The...
Nov 22 2021 // Homeowners of America launched its service in Oregon. Oregon marks HOA’s 11th state of operation HOA is a property/casualty insurance provider and subsidiary of Porch Group Inc. Porch is a vertical software company...
Nov 15 2021 // Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years.According to the 2021, LexisNexis Home Trends Report,...
Nov 15 2021 // California’s Earthquake Brace + Bolt grant program is expanding, and it now includes 395 ZIP Codes where qualifying homeowners can get up to $3,000 to offset the cost of completing a seismic retrofit, the California...
Nov 8 2021 // New York Governor Kathy Hochul last month signed a legislative package relating to animal welfare.The package includes legislation S.4254/A.4075, which prohibits insurers from refusing to issue or renew, cancel, or charge...
Nov 3 2021 // Orion 180, a homeowners’ insurtech company, has expanded into Georgia and will soon move into South Carolina, the company said this week. Orion, based in Melbourne, Florida, uses technology to allow homeowners to...
Nov 1 2021 // A hearing set for today on a proposed 24.5% average increase in homeowners’ insurance rates has been postponed until Jan. 3, the North Carolina Department of Insurance announced.The rate increase was recommended by...
Nov 1 2021 // Homeowners in 37 states now have access to a parametric-like multi-peril disaster insurance product designed to deliver quick cash in the wake of a natural disaster.The product, Recoop Disaster Insurance, pays out a...
Oct 28 2021 // Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years.According to the 2021 LexisNexis Home Trends Report, the...
Oct 27 2021 // California’s Earthquake Brace + Bolt grant program is expanding, and it now includes 395 ZIP Codes where qualifying homeowners can get up to $3,000 to offset the cost of completing a seismic retrofit, the California...
Oct 25 2021 // Homeowners in 37 states now have access to a parametric-like multi-peril disaster insurance product designed to deliver quick cash in the wake of a natural disaster.The product, Recoop Disaster Insurance, pays out a...
Oct 18 2021 // The Insurance Services Office (ISO) has unveiled an update to its homeowners’ program. It’s the first update in 11 years, which is a good thing. It begs asking why it took so long, but that’s a question...
Oct 7 2021 // Homeowners of America, a property and casualty insurance provider and subsidiary of the Porch Group, announced it is open for business in Tennessee. Tennessee is HOA’s 10th state of operation. The line of business...
Oct 7 2021 // The South Florida owners of a swimming pool company have been charged with swindling homeowners out of almost $2 million, as well as failing to obtain workers’ compensation insurance and insurance application...
Oct 4 2021 // The federal government Friday rolled out a flood-insurance program revamped to reflect worsening climate change, a program that will raise rates for millions of homeowners in wealthy coastal areas and humble inland...
Oct 4 2021 // Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, a new study by J.D. Power,...
Sep 30 2021 // More than 150 homeowners in a development outside Rapid City, South Dakota, are suing Meade County over risks to their properties after a sinkhole exposed an abandoned gypsum mine.The federal complaint filed Sept. 27 by...
Sep 27 2021 // A California moratorium guaranteeing insurance in wildfire-threatened areas lapsed Saturday, putting 347,000 homes in Pasadena and other Los Angeles foothills communities at the mercy of the market.As many as 2.4 million...
Sep 22 2021 // Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, a new study by J.D. Power,...