Latest Homeowners Headlines

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

Keeping Flood Insurance Above Water: Commentary

Jan 25 2018 // With the National Flood Insurance Program (NFIP) currently set to expire on February 8, and many communities still recovering from this summer’s hurricanes, it’s no surprise that the 21st Century Flood Reform...

Florida Agents March on State Capitol in Lawmaker Push to Reform AOB

Jan 25 2018 // Insurance agents from across Florida marched together on the state’s capitol Wednesday to deliver a message to Florida lawmakers: It’s time for assignment of benefits (AOB) reform.Carrying signs that read...

With $25 Million in New Funding, Home Insurtech Hippo to Expand

Jan 24 2018 // Insurtech Hippo has nailed down $25 million in new Series B funding, a cash infusion the provider of super-quick homeowners insurance will use to fuel a hiring and geographical expansion.Comcast Ventures and Fifth Wall led...

Homes Destroyed, Power Outages in Texas Storm

Jan 22 2018 // Heavy thunderstorms produced hail and possible tornadoes in northeast Texas on Sunday night, with the communities of DeKalb and Winnsboro hardest hit, according to the Insurance Council of Texas.In DeKalb, a possible...

Man Charged with Generator Fraud in Connecticut after Superstorm Sandy

Jan 22 2018 // An Oregon man has been charged with stealing deposits Connecticut homeowners had made for generators after Superstorm Sandy.The Stamford Advocate reports that 56-year-old John Mech, of Seaside, Oregon, took a $7,500...

North Carolina Rejects Proposed 18.7% Homeowners Rate Increase

Jan 22 2018 // The Commissioner of Insurance for North Carolina says a recent rate increase of 18.7 percent proposed by North Carolina insurers is unwarranted and has set a hearing date for later this year to resolve the matter.“We...

Florida Appeals Court, Regulator Reject Policy Language Aimed at Curbing AOB Abuse

Jan 22 2018 // A Florida appeals court has sided with the state’s insurance regulator in rejecting policy language filed by a Florida homeowners insurer to restrict the use of assignment of benefits.The decision could have a...

Report Shows Florida AOB Abuse Worsening as Lawmakers Consider Reforms

Jan 17 2018 // The 2018 Florida Legislative Session is underway, and lawmakers have wasted no time taking up legislation to address the assignment of benefits crisis plaguing the state.While they debate which reform option to back,...

Verisk’s ISO Personal Lines Program Targets $40 Billion Private Flood Insurance Market

Jan 11 2018 // Things just got a bit easier for private personal lines insurance carriers wanting to enter the flood insurance market.Through its ISO subsidiary, data analytics firm Verisk has launched a new personal lines flood...

Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States

Jan 11 2018 // California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new states.Hippo offers homeowners insurance through an online platform, as well...

Florida Appeals Court, Regulator Reject Policy Language Aimed at Curbing AOB Abuse

Jan 10 2018 // A Florida appeals court has sided with the state’s insurance regulator in rejecting policy language filed by a Florida homeowners insurer to restrict the use of assignment of benefits.The decision could have a...

Four Rhode Island Homes Damaged in Fire

Jan 8 2018 // Four multi-family homes have been damaged and six residents and two firefighters injured following in an early morning fire in Providence, R.I.Fire officials say the blaze was reported at around 3 a.m. Saturday in the...

North Carolina Insurance Regulator Denies 18.7% Homeowners Rate Increase

Jan 8 2018 // The Commissioner of Insurance for North Carolina says a recent rate increase of 18.7 percent proposed by North Carolina insurers is unwarranted and has set a hearing date for later this year to resolve the matter.“We...

Louisiana Citizens Policy Count Dropping Again

Jan 8 2018 // The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years.Louisiana Insurance...

New Jersey Contractor Hit with Fraud Charges Over Post-Sandy Work

Dec 28 2017 // A contractor who performed work on Superstorm Sandy-damaged homes pressured customers into signing contracts and then performed shoddy work it failed to correct, state prosecutors alleged Tuesday.State Attorney General...

Multiple Homes Damaged in Delaware Fire

Dec 27 2017 // Multiple homes have been severely damaged by fire in Delaware.News outlets report a Monday night fire in Slaughter Beach left at least two houses destroyed, and caused damage to multiple others. An assistant state fire...

Homeowners Fear Losing Insurance in Midst of California Fires

Dec 18 2017 // California homeowners and regulators have a new fear about wildfires ravaging the state: that insurers will drop coverage.Massive, out-of-season fires in northern and southern California are causing billions of dollars in...

Florida Approves Statewide Homeowners Rate Increase of 6.6% For Citizens

Dec 18 2017 // The Florida Office of Insurance Regulation (OIR) has approved statewide rate increases on 2018 personal and commercial property insurance rates for Citizens Property Insurance Corp.OIR approved a statewide increase of 6.6...

Louisiana Citizens Property Insurance Policy Count Continues to Drop

Dec 15 2017 // The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years.The eleventh round of...

200 Homes Evacuated as South Dakota Wildfire Grows

Dec 14 2017 // Strong winds are fanning the flames of a growing wildfire in South Dakota, pushing the fire beyond the borders of the Custer State Park and prompting new evacuations.Custer County Emergency Management director Mike Carter...