All the headlines from our Homeowners Topic Page, ordered by recency.
Sep 20 2021 // California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to preserve residential insurance coverage for more than 325,000 policyholders who have been affected by Northern California wildfires...
Aug 25 2021 // Openly is up and running in Missouri, enabling independent insurance agents to access Openly’s coverage and obtain quotes. Missouri marks the 12th state in Openly’s nationwide expansion. Openly says it plans to...
Aug 11 2021 // Austin, Texas-based insurance program market services firm Incline P&C Group entered a new issuing carrier relationship with Hippo Insurance Services to provide homeowners insurance coverage.Hippo offers its homeowners...
Aug 11 2021 // U.S. online bank Ally Financial has agreed to backstop home insurance policies provided by Hippo Holdings Inc., providing capital for the latter to generate more business, the companies told Reuters.Hippo will underwrite...
Aug 3 2021 // Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get coverage, Hippo’s chief executive said in an interview.The company, which has a $5 billion...
Aug 2 2021 // Talk about a growth market. Since Colorado and Washington became the first to pass state laws designed to legalize certain sale and consumption of recreational cannabis in their respective states in 2012, 15 other states...
Jul 26 2021 // A new study found that between 2005 and 2020, the percentage of single family rentals increased by over 10% in North Minneapolis, Southeast Como and parts of St. Paul, with Southeast Como’s rentals changing due, in...
Jul 26 2021 // A study conducted the Texas Real Estate Research Center at Texas A&M University following winter storm Uri revealed a widespread lack of homeowners insurance in the state.The study shows households that are low-income,...
Jul 23 2021 // Home insurtech Hippo is jumping into the commercial insurance market.The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first...
Jul 19 2021 // Louisiana Insurance Commissioner Jim Donelon in early July ordered GeoVera Specialty Insurance Co. to stop non-renewing Louisiana homeowners policies in violation of state law.In a cease and desist order, Donelon told the...
Jul 14 2021 // A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as odd as it may sound, the trouble may have begun with the pandemic.Property insurance...
Jul 14 2021 // The Boston-based homeowners insurance platform, Openly, is now available for homeowners and independent insurance agents in Oklahoma.Independent insurance agents in Oklahoma can now access Openly’s premium,...
Jul 9 2021 // Lloyds Banking Group Plc’s insurance unit was fined 90.7 million pounds ($125 million) by the UK Financial Conduct Authority for failing to make sure language in millions of home insurance policies was clear.The FCA...
Jul 9 2021 // Obsidian Insurance Holdings Inc. has acquired Western Home Insurance Co. from Western National Mutual Insurance Co.The acquisition supports the company’s growth plans and together with Obsidian’s existing...
Jul 6 2021 // By all accounts the California wildfire season continues to shape up to be a bad one, and another catastrophe modeling firm has reported sales of their products picking up due in part to carriers and reinsurers looking for...
Jul 6 2021 // Louisiana Insurance Commissioner Jim Donelon has ordered GeoVera Specialty Insurance Co. to stop non-renewing Louisiana homeowners policies in violation of state law.In a cease and desist order issued last week, Donelon...
Jul 5 2021 // Severe weather trends causing an increase in claims are impacting the price of homeowners insurance in Missouri, regulators say.A recent report, Missouri Homeowners Insurance — Premium & Losses, by the Missouri...
Jun 22 2021 // Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA).The kit also has a home...
Jun 21 2021 // Insurance Services Office (ISO) has released its upcoming homeowners’ multi-state filing. This first major revision in over 11 years is filed to be effective in March 2022. Within this filing, ISO: Introduced one new...
Jun 16 2021 // California regulators have approved a plan by Farmers Insurance to assess wildfire risk by using a tool that combines artificial intelligence with high-resolution aerial photography.The carrier said the Z-Fire risk scoring...