Latest Homeowners Headlines

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

Florida Insurers Place All Options on Table to Address AOB Abuse

Jul 19 2017 // Florida’s home insurers hope the public doesn’t blame them as they implement rate increases, initiate coverage changes and nonrenew policies. They say they have no choice after the Florida Legislature for the...

Study Shows Many Homeowners Would Do Better with Private Flood Insurance

Jul 13 2017 // It’s no great revelation that when prices are centrally controlled, they tend not to reflect reality. In some cases, this means that consumers pay less than the true value of a good or product. In other cases, they...

Texas’ RHP General Agency Acquiring Homeowner Business from Sycamore Insurance

Jul 12 2017 // Conifer Holdings, headquartered in Michigan, has agreed to sell the book of HomeValue business produced through Sycamore Insurance Agency to Texas-based RHP General Agency Inc.As part of this renewal rights transaction,...

Many Homeowners Don’t Understand Deductibles

Jul 10 2017 // Almost five years after Superstorm Sandy, one third of homeowners in several coastal states are still unaware of hurricane deductibles and how they work, new insurance research has found.Not only did 33 percent of...

Florida’s Citizens Requests Rate Increases, Policy Changes for 2018

Jul 10 2017 // Homeowners in South Florida, as well as in many other parts of the state, can expect another rate increase next year from the state-run insurer of last resort.Citizens Board of Governors approved recommended rates and...

5.4M U.S. Homes at Risk from Sea Level Rise, Report Using Census Data Shows

Jul 6 2017 // Nearly 10 million people living in 5.4 million homes have a high risk from rising sea levels and will be adversely impacted by climate change, according to a new report that takes data from U.S. Census tracts near the...

Homes Near Northern Arizona Wildfire Have Evacuations Lifted

Jul 5 2017 // Homeowners in northern Arizona were given the green light to return days after being displaced by a fast-moving wildfire, while residents more than 200 miles away fled their homes after a blaze forced an evacuation of a...

Connecticut Insurers: Homes Must Fall Down to be Eligible for Coverage

Jul 5 2017 // Connecticut residents whose home foundations are crumbling are facing a perplexing problem with their insurance policies: The damage won’t be covered unless their homes collapse.More than two dozen insurance...

New Flood Insurance Product For Florida Homeowners Available from American Integrity

Jun 29 2017 // American Integrity Insurance Group (AI), a Florida-based insurance provider, has unveiled a private flood insurance option for homeowners.AI is one of nine Florida-based insurers to offer its own flood program that...

Snowmelt-driven River Swelling Forces Evacuation of 90 California Homes

Jun 27 2017 // Authorities say 90 homes remain under mandatory evacuation orders following levee breaches along a river in California, the result of the state’s huge springtime snowpack melting in the summer heat.The Tulare County...

Powered by Homegrown Insurtech, HCI to Expand Flood Insurance Sales to 9 States

Jun 26 2017 // As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn’t waiting to wade deeper into the private flood insurance business....

London Underwriters, Trigon to Offer Alabama Homeowners Program

Jun 26 2017 // London Underwriters LLC, a national MGA and surplus lines broker, has partnered with Birmingham based wholesaler Trigon Inc., to provide a new and exclusive low-value homeowners program for the state of Alabama.The product...

House Committee Adds 5 More Bills to Its Flood Insurance Reform Package

Jun 22 2017 // The House Financial Services Committee advanced five flood insurance proposals on Wednesday, adding to the two bills it passed last week.The House measures seek to reform and reauthorize the National Flood Insurance...

Florida’s Citizens Approves Policy Changes, 5.3% Statewide Rate Increase for 2018

Jun 21 2017 // Homeowners in South Florida, as well as in many other parts of the state, should expect additional rate increases next year from the state-run insurer of last resort.Citizens Board of Governors approved recommended rates...

PURE Expands E&S Homeowners Coverage to South Carolina

Jun 20 2017 // The PURE Group of Insurance Companies has expanded its PURE Programs excess & surplus (E&S) line offering designed to protect higher risk homes insured for $1 million or more, into South Carolina.With this...

Insurance Research Finds Many Homeowners Don’t Understand Deductibles

Jun 15 2017 // Almost five years after Superstorm Sandy, one third of homeowners in several coastal states are still unaware of hurricane deductibles and how they work, new insurance research has found.Not only did 33 percent of...

Miami Neighborhood Considers Relocating Homes Amid Sea Rise Concerns

Jun 13 2017 // A mainland Miami neighborhood prone to regular flooding from high tides and storms could be relocated amid preparations for rising seas under one scenario being studied by local officials.Government officials in South...

Canada’s Home Insurers Undergo Claims Stress Test: J.D. Power

Jun 6 2017 // A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in...

Nearly 6.9 Million US Homes at Risk of Hurricane Storm Surge Damage

Jun 6 2017 // This post is part of a series sponsored by CoreLogic.It’s no surprise that residential homes in the U.S. located along the Atlantic and Gulf coasts are susceptible to damage from storms and hurricanes, and data shows...

Texas Lawmakers Pass ‘Hailstorm’ Litigation Bill

Jun 5 2017 // Legislation backed by the insurance industry and some Texas business groups that curtails the ability of policyholders to sue insurance companies over property claims following extreme weather events passed the state...