Latest Homeowners Headlines

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

Cost of Flood-Prone Home Buyouts in Missouri, Elsewhere: $5B and Rising

May 23 2019 // The residents of the small riverside town of Mosby, Missouri, have become accustomed to watching floods swamp their streets, transform their homes into islands and ruin their floors and furniture.Elmer Sullivan has...

Nevada Reaches Tentative Settlement Homeowners and Insurers in Wildfire Suit

May 21 2019 // The state of Nevada has reached a tentative settlement with dozens of homeowners and insurance companies that filed an $80 million negligence lawsuit after a fire destroyed 24 homes when strong winds reignited a smoldering...

State Farm Cuts Homeowners Rates by 14.4% in Florida

May 21 2019 // State Farm has reduced its homeowners insurance rates by an average of 14.4 percent in Florida for current and future home insurance customers.The new rates went into effect May 15, 2019 for new business and July 1, 2019...

Florida InsurTech HoneyQuote to Offer Technology Platform to Business Partners

May 20 2019 // Digital insurance agency HoneyQuote.com launched a new partnership program that allows businesses across industries to use HoneyQuote services for customers to purchase homeowners insurance.As part of the program,...

Arrest Made in Arson Fires to Homes Owned by South Carolina Gov

May 17 2019 // A 21-year-old man has been charged with intentionally setting a fire that damaged two Columbia rental properties owned by South Carolina Gov. Henry McMaster, causing hundreds of thousands of dollars in damage.Frank John...

Milliman: Hurricane Katrina Litigation Could Hike Mississippi Homeowners Rates

May 16 2019 // Mississippi homeowners could see premiums rise up to 25 percent thanks to Hurricane Katrina-related subrogation litigation being brought by the Mississippi attorney general, according to a recent report by Milliman.The...

How Homes Are Being Built, Raised to Withstand Extreme Weather

May 13 2019 // Breezy Point is beautiful in the summertime, a quaint neighborhood sitting on a slim peninsula that juts out into the Atlantic just south of New York City.In a storm, though, that dreamy setting can become a nightmare....

Indian State Seeks $14 Billion to Rebuild Homes, Infrastructure After Cyclone Fani

May 7 2019 // The eastern Indian state of Odisha, battered by one of the strongest cyclones in two decades, needs at least one trillion rupees ($14 billion) to rebuild damaged houses and public infrastructure, a government official said...

Louisiana Senators Say Agreement Reached on Federal Flood Aid for Homeowners

May 3 2019 // The Trump administration has agreed to rewrite regulations to help thousands of Louisiana homeowners with damage from the 2016 floods access federal aid, the state’s U.S. senators said Thursday.Republican Sens. Bill...

Kansas Took Control of 22 Struggling Nursing Homes Last Year

Apr 30 2019 // Kansas lawmakers have tightened the financial requirements for a license to operate nursing homes after state regulators were forced to take over 22 struggling facilities last year.Officials with the Kansas Department for...

New AAIS Florida Homeowners By-Peril Program Approved by State Regulator

Apr 26 2019 // AAIS (the American Association of Insurance Services) has received approval for its new Florida Homeowners By-Peril Insurance Program from the Florida Office of Insurance Regulation (OIR).The AAIS Florida Homeowners...

California Lawmakers Advance Resilient Homes Initiative

Apr 25 2019 // A bill to enable the California Earthquake Authority to expand mitigation programs cleared its first hurdle this week when it passed the Senate Insurance Committee.The Resilient Homes Initiative, Senate Bill 254, was...

Florida Governor to Sign AOB Reform Bill; Citizens Plans Rate Review

Apr 25 2019 // Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday, saying in a statement Wednesday he will sign the legislation that the insurance industry...

Court Rules Wyoming Killer Was Not a ‘Resident’ Under Mother’s Homeowners Policy

Apr 24 2019 // A U.S. Court of Appeals for the 10th District this week ruled that a Wyoming man convicted of a 2014 murder was not an insured “resident” under his mother’s homeowners insurance policy, and it turns out...

California Wildfires Helped Drive Homeowners Premium Volume in Surplus Lines

Apr 23 2019 // Wildfires have evidently been driving more Californians into the surplus lines market, pushing up homeowners surplus premium volume to more than $122 million in 2018, according to the Surplus Line Association of...

Florida Contractor Accused of $40K AOB Insurance Fraud Scheme

Apr 23 2019 // A restoration contracting company owner was arrested this month in Florida for allegedly stealing more than $40,000 from consumers who assigned their insurance benefits to him through assignment of benefits (AOB)...

Miami Agent Accused of Pocketing $476K in Homeowners Insurance Scheme

Apr 17 2019 // A licensed Miami insurance agent has been arrested after she allegedly obtained and transferred more than 300 homeowner insurance policies without homeowners’ knowledge or consent and pocketed nearly $476,000 from...

California Earthquake Authority Board Votes to Sponsor Resilient Homes Initiative

Apr 15 2019 // The California Earthquake Authority’s governing board has voted to sponsor and support the Resilient Homes Initiative, a bill aimed at helping Californians prepare for earthquakes by restructuring the CEA to...

Don’t Count on Home Insurance to Cover Cost of Rebuilding: Viewpoint

Apr 12 2019 // Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it.Don’t feel too...

North Carolina Survey: Many Coastal Homeowners Have No Plan to Mitigate Storm Damage

Apr 11 2019 // A majority of coastal homeowners have little to no intention of reducing their homes’ structural vulnerabilities, even though they live in areas frequently affected by damaging hurricanes and flooding and their homes...