Latest Homeowners Headlines

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

Runyan Joins Homeowners of America Insurance in Texas as CFO

Apr 23 2020 // Homeowners of America Insurance Co. (HOAIC), a property/casualty insurance provider headquartered in Irving, Texas, appointed Richard B. Runyan as its new chief financial officer (CFO) effective March 16, 2020.Runyan joins...

California Details Nursing Homes with COVID-19 Outbreaks

Apr 21 2020 // California has for the first time released details about nursing homes facing coronavirus outbreaks, with three facilities in Los Angeles among the hardest-hit, as the numbers of COVID-19 cases and deaths across the state...

State Farm Cutting Homeowners Rates in Louisiana

Apr 20 2020 // Louisiana Insurance Commissioner Jim Donelon has approved an overall base rate decrease of 3.5% for homeowners policies issued by State Farm Insurance Co. in Louisiana.State Farm provides homeowners’ coverage to more...

South Carolina Reports Damage to 900 Homes from at Least 16 Tornadoes

Apr 17 2020 // More than 900 homes were damaged and 111 houses were destroyed by a series of tornadoes and strong winds that moved across the state Monday, emergency officials said.Damage from the storms were reported in 21 counties, the...

Six Things to Know About the Recent Impasse Between Regulators and Insurers in the Aftermath of California’s Devastating Wildfires

Apr 17 2020 // This post is part of a series sponsored by CoreLogic.California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years...

300 Homes, Buildings Damaged by Tornadoes in Louisiana

Apr 14 2020 // Though tornadoes were reported in Arkansas, Lousiana and Texas over the Easter weekend, in the South Central region, northern Louisiana bore the brunt of the storm system that swept across the South on Sunday.The weather...

Louisiana Insurance Commissioner: State Farm Cutting Auto, Homeowners Rates

Apr 13 2020 // Louisiana Insurance Commissioner Jim Donelon has approved overall base rate decreases of 3.5% for homeowners’ policies issued by State Farm Insurance Co., which follows his approval of an additional decrease of 2.3%...

Woodlands Insurance Acquiring Gulfstream’s Texas Homeowners Renewal Rights

Apr 13 2020 // The Woodlands Insurance Co. (TWICO) has completed a renewal rights agreement with Florida’s Gulfstream Property & Casualty Insurance Co. (Gulfstream) to acquire Gulfstream’s book of homeowner business in...

Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List

Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers.State...

Explosion at North Carolina Fuel Plant Damages Nearby Homes; No Serious Injuries

Apr 9 2020 // An explosion at a hydrogen fuel plant in North Carolina has damaged nearby homes but left workers without any serious injuries.News outlets report that the explosion occurred at the OneH2 Inc. hydrogen fuel facility in the...

There’s No Place Like Home … For a Catastrophic Claim Denial

Apr 6 2020 // An elderly widow in Kentucky was admitted to a nursing home to recuperate from surgery. During her convalescence, her nonresident children visited the home frequently, though no one spent the night there, prepared meals,...

Assessment: 100s of Homes Damaged, Destroyed in Arkansas Tornado

Apr 1 2020 // Hundreds of homes were damaged or destroyed in an EF-3 tornado that swept through Jonesboro, officials said Monday following damage assessments. Craighead County Judge Marvin Day said about 150 homes were mostly or...

10 Nursing Homes in Colorado Have COVID-19 Outbreaks

Mar 31 2020 // The Colorado Department of Health has released the names and locations of nine of the 10 nursing homes and long-term care facilities that are facing outbreaks of COVID-19 in response to a public records request filed by...

Online Flood Insurer, Neptune, Offering Coverage in Arkansas, Illinois

Mar 23 2020 // Neptune Flood Inc., an all-digital, online flood insurance company, has opened for business in Arkansas and Illinois. Households in these states now have access to Neptune’s simple flood insurance solution.Neptune...

Lighthouse to Acquire Prepared Insurance of Florida

Mar 23 2020 // Lighthouse Property Insurance Corp. plans to acquire its sister carrier, Prepared Insurance Company (Prepared), from Prepared Holdings Group.Lighthouse is a Louisiana-domiciled property and casualty insurance carrier...

Prepared Insurance of Florida to be Acquired by Lighthouse Property Insurance Corp.

Mar 16 2020 // Lighthouse Property Insurance Corp. plans to acquire its sister carrier, Prepared Insurance Company (Prepared), from Prepared Holdings Group.Lighthouse is a Louisiana-domiciled property and casualty insurance carrier...

Insurer Responsible for Liability Claims Despite Uninsured Premises Exclusion

Mar 13 2020 // The Massachusetts Supreme Judicial Court has ruled that an insurer is responsible for paying liability claims resulting from the improper use of a portable generator, despite an uninsured premises exclusion in the...

Visits to Florida Nursing Homes Restricted Amidst Coronavirus Spread

Mar 13 2020 // Gov. Ron DeSantis placed limits Wednesday on who can can visit Florida’s nursing homes and other assisted living facilities, bidding to protect the state’s sizeable and vulnerable elderly population from the...

Coronavirus Cases in at Least 10 Washington Nursing Homes

Mar 12 2020 // At least 10 long-term care facilities in the Seattle area have reported COVID-19 cases, with deaths at three of them _ a worrying development as health officials have cautioned that the elderly and those with underlying...

Program: 10K-Plus Homes in California Retrofitted to Reduce Earthquake Damage

Mar 9 2020 // The California Earthquake Authority’s Earthquake Brace + Bolt program has reached the milestone of aiding more than 10,000 California homeowners to seismically retrofit their homes.The EBB grant program provides...