Latest Homeowners Headlines

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

2 New Insurers Approved to Do Business in Arkansas

Sep 20 2017 // Arkansas Insurance Commissioner Allen Kerr has approved two new companies to begin conducting insurance business in his state.Kerr granted a Certificate of Authority to Security First Insurance Co. (SFIC) of Ormond Beach,...

ICT Pegs Hurricane Harvey Insured Losses at $19B

Sep 15 2017 // The Insurance Council of Texas (ICT) has placed the insured losses from Hurricane Harvey at $19 billion. That number includes an estimated $11 billion in flood losses insured by the National Flood Insurance Program.Insured...

FEMA: 25% of Florida Keys Homes Destroyed by Irma

Sep 14 2017 // With 25 percent of the homes in the Florida Keys feared destroyed, emergency workers Tuesday rushed to find Hurricane Irma’s victims – dead or alive – and deliver food and water to the stricken island chain.As...

Florida on Alert for AOB Abuse as Irma Recovery Begins

Sep 13 2017 // As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep a bad situation regarding assignment of benefits abuse in the state from getting worse.Florida...

Florida Residents Return to Irma’s Battered Homes, Flooded Streets, Power Outages

Sep 11 2017 // Storm-shocked Floridians returned to shattered homes on Monday as the remnants of Hurricane Irma pushed inland, leaving more than half of all state residents without power and city streets underwater from Orlando and...

Now May Be the Time for Homeowners to Buy a Dam

Sep 8 2017 // Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot...

Why the Number of Coastal Homeowners with Flood Insurance Has Been Shrinking

Sep 7 2017 // Amanda Spartz nearly did not renew her home’s flood insurance policy after her first year in Florida. Two hurricanes came close to the Fort Lauderdale suburbs last year, but they didn’t hit and her home...

2 Nebraska Contractors Have Sued Insurers More than 100 Times

Sep 4 2017 // Two Omaha contractors are expanding a legal strategy they say forces insurance companies to pay for storm damage, but industry officials say the practice leads to exaggerated claims and may drive away insurers.Home repair...

IIAV ‘Redoubling’ Hurricane Preparedness Efforts Since Following Harvey’s Texas Impact

Aug 28 2017 // The Independent Insurance Agents of Virginia (IIAV) is motivated to “redouble its efforts” around hurricane preparedness, particularly as it relates to flood damage, since following Hurricane Harvey’s...

Harvey Smashes Homes, Businesses; Heavy Rain Continues

Aug 27 2017 // Hurricane Harvey rolled over the Texas Gulf Coast on Saturday, smashing homes and businesses and lashing the shore with wind and rain so intense that drivers were forced off the road because they could not see in front of...

Massachusetts Fire Chief Hospitalized After Explosive Blaze Hits Three Homes

Aug 25 2017 // The fire chief in Millbury, Mass., has been hospitalized after flames hit three homes and caused several propane tanks to explode.Chief Richard Hamilton was taken to UMass Medical Center in Worcester early Wednesday with...

Homeowners Often Overlook Mitigating Water Leak Risks: Chubb

Aug 22 2017 // The majority of homeowners do not view internal water leak damage as the most concerning home threat, despite the fact that water leaks are a more frequent risk than fire and theft, a new Chubb survey revealed.“The...

More Louisiana Homeowners Eligible for Flood Recovery Aid

Aug 22 2017 // Louisiana’s flood recovery board agreed on Aug. 18 to Gov. John Bel Edwards’ plan to widen eligibility for a homeowner aid program by including those whose flood insurance proceeds didn’t cover their...

As Congress Eyes Flood Insurance Renewal, Private Markets Get Ready

Aug 21 2017 // Unleashing the invisible hand that has been missing from the flood insurance market for nearly 50 years is no easy task. But private flood insurance experts say the change would be a good thing not only for private flood...

2 Nebraska Contractors Routinely Sue Insurers for Not Paying Storm Damage

Aug 21 2017 // Two Omaha contractors are expanding a legal strategy they say forces insurance companies to pay for storm damage, but industry officials say the practice leads to exaggerated claims and may drive away insurers.Home repair...

New Jersey’s Menendez, Pallone Tout Flood Insurance Reform Legislation

Aug 21 2017 // Five years after Superstorm Sandy devastated towns along the New Jersey shore, Sen. Bob Menendez and Rep. Frank Pallone want changes made to federal flood insurance they said will fix a system that often failed beleaguered...

Mississippi Insurance Head, Lawmaker Urge Development of Private Flood Market

Aug 21 2017 // Mississippi’s top insurance regulator and its only Democratic congressman are both ready to cede some of the federal flood insurance market to private insurers.Both Republican Insurance Commissioner Mike Chaney and...

Louisiana Governor Seeking Homeowner Flood Grant Expansion

Aug 18 2017 // Gov. John Bel Edwards announced he wants to broaden Louisiana’s flood aid program to include homeowners whose flood insurance proceeds didn’t cover their rebuilding costs and to boost grant amounts.Initial...

Insurance Professionals, Meteorologists to Kick Off ‘Hurricane Tour’

Aug 17 2017 // Texas insurance experts and meteorologists will be touring the Texas coast to inform the public about hurricane awareness and new legislation aimed at mitigating storm damage and related insurance costs.The Insurance...

Florida Regulators Set Date for Citizens Public Rate Hearing

Aug 15 2017 // The Florida Office of Insurance Regulation (OIR) announced it will conduct a rate hearing on Aug. 31, 2017 to receive public comment on Citizens’ proposed rate changes for its business in the Coastal Account (CA),...