Latest Homeowners Headlines

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

Increase in Homeowners Claims Spurs Higher Insurance Prices in Missouri

Jun 15 2021 // Severe weather trends and an increase in claims are impacting the price of homeowners insurance in Missouri, regulators say.A recent report issued by the Missouri Department of Commerce and Insurance shows that homeowners...

Logic & Language and Forms & Facts Homeowners Coverage for Watercraft

Jun 7 2021 // It’s now boating season in most parts of the country, so let’s explore some watercraft coverage issues under homeowners insurance. For the educational and illustrative purposes of this article, we’re...

Security First to Offer New Homeowners Coverage in Florida

Jun 4 2021 // Security First Insurance, one of the largest private homeowners insurers, has launched its Homeowner’s Premier HO5 policy.Floridians must have no claims or one claim caused by a weather event and with...

Homeowner Seeks $5M in Lawsuit Over ‘Rotten Egg’ Smell from S.C. Mill

May 25 2021 // A pulp and paper mill in South Carolina emits fumes that smells like rotten eggs and which nearby residents say have caused headaches and sore throats, a North Carolina homeowner says in a lawsuit.Kenny White, who lives in...

Homeowners’ Form and Endorsement Changes Coming in ISO’s 2022 Multistate Filing

May 14 2021 // Insurance Services Office (ISO) has released to Big I’s Virtual University the upcoming Homeowners’ multi-state filing tentatively effective beginning in March 2022. Yes, 2022. Eleven years have passed since...

Openly Expands Homeowners Insurance Platform into Massachusetts

Apr 26 2021 // Homeowners insurance platform Openly has made its services available in its home state of Massachusetts. Independent insurance agents in Massachusetts can now access Openly’s coverage and obtain quotes in...

Connecticut Urges Homeowners to Test Wells for Arsenic, Uranium

Apr 9 2021 // Connecticut health officials are urging homeowners who rely on well water to have their systems checked for arsenic and uranium contamination.The advice comes as the result of a study by the U.S. Geological Survey released...

Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions

Apr 8 2021 // Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist Hiro.London-based Hiro has developed a home insurance product that...

3 Homeowners Get $1.1M for 2017 Nevada Flood Damage

Mar 25 2021 // A Washoe County judge in Nevada has ordered Reno to pay $1.1 million to owners of three homes that flooded north of the city four years ago as dozens of others continue to press related battles in federal court over...

Kin Insurance to Offer Homeowners Coverage in Louisiana

Mar 25 2021 // Kin Insurance is expanding to offer homeowners insurance coverage in Louisiana.The company said the expansion into the underserved Louisiana market creates new opportunities for residents — especially for those in...

Homeowners’ Suit of Reno Over Flooding Now in U.S. Court

Mar 11 2021 // Dozens of residents who are suing the city of Reno over the flooding of their homes in 2017 are moving to federal court in a complex case that could cost taxpayers millions of dollars.The move comes as the city’s...

Porch Group to Acquire Texas MGA/Insurer, Homeowners of America

Mar 8 2021 // The Porch Group, a software platform focused on home services companies, is acquiring Irving, Texas-based managing general agent and insurance carrier, Homeowners of America (HOA).Under a merger agreement, Porch will...

How Home Improvement Projects Impact Homeowners Policies

Mar 8 2021 // Over the past year, the COVID-19 pandemic had us spending more time inside our homes than normal. Staring at the same four walls served as an impetus for many homeowners to take it upon themselves to make upgrades....

Home Insurance Agency Hippo to Go Public in $5B SPAC

Mar 4 2021 // Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid Hoffman and Mark Pincus, in a deal that gives the merged entity a pro forma enterprise value of...

Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance

Mar 2 2021 // TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners.The company plans to use the money to expand...

Florida Legislature Weighs Options to Address Rising Homeowners Insurance Costs

Feb 24 2021 // Three bills currently working their way through the Florida Legislature are designed to tackle the rising costs of homeowner roof claims, the costs of attorney fees in homeowner’s claims and issues surrounding notice...

Fitch Sees ‘Modest’ Homeowners Insurance Underwriting Loss for 2020

Feb 19 2021 // The homeowners insurance industry is poised to shift to a modest underwriting loss for 2020, reports Fitch Ratings, citing losses from natural catastrophes and managing operations amid the global pandemic.However, barring...

ShoreOne Rolls Out Combined Homeowners, Flood Policy in South Carolina

Feb 10 2021 // Massachusetts-based managing general agent ShoreOne created a new coverage for coastal homeowners to address inadequate flood coverage.ShoreOne’s new offering combines traditional homeowners insurance with full flood...

Homeowners Insurer, Openly, Expands Into Wisconsin

Feb 2 2021 // Openly, based in Boston, is now offering its homeowners insurance products and services in Wisconsin.More than 500 independent agents across the state can now access Openly’s technology that simplifies the homeowners...

Newly-Formed K2-Backed Exchange to Offer Coverage for Mobile Homeowners in Florida

Feb 2 2021 // Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American Mobile Insurance Exchange (AMIE), a reciprocal exchange that will seek to insure...