Latest Homeowners Headlines

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

Wildfire Destroys More than 100 Homes in Northern California

Aug 15 2016 // A wildfire stuck a Northern California town still recovering from a massive fire nearly a year ago, destroying more than 100 homes and forcing thousands to flee, authorities said Monday.Gusts kicked up flames on Sunday and...

Florida Homeowners Insurer Olympus Adds Newby as VP of Claims

Aug 15 2016 // Olympus Insurance Co., a Florida homeowners insurer, has appointed Martin Newby as vice president of Claims. Newby will serve as Olympus’ senior claims executive responsible for the development, implementation,...

Court Upholds 25% Rate Increase Rejection for North Carolina Homeowners

Aug 8 2016 // North Carolina’s insurance commissioner had plenty of justification to reject a 2014 request by insurers to raise homeowners’ premiums by an average of 25 percent, the state Court of Appeals ruled August...

Homeowner Insurance Claim Severity Up 7% Due to Lightning in 2015

Aug 8 2016 // The number of homeowners insurance claims from lightning strikes in the United States fell in 2015. However, the total insurers paid on those claims rose by nearly 7 percent, according to the Insurance Information...

Alabama’s Coastal Insurance Shopper’s Guide

Aug 8 2016 // The Alabama Center for Insurance Information & Research (ACIIR), in partnership with Smart Home America and the Coastal Alabama Partnership, has released a new Alabama Coastal Insurance Shopper’s Guide to help...

Florida’s Homeowners Choice Secures Nearly $1B in Reinsurance

Aug 8 2016 // Homeowners Choice Property & Casualty Insurance Co. Inc., a Florida-based provider of homeowners insurance, has completed its reinsurance program for the 2016-17 reinsurance year, which runs from June 1, 2016, through...

North Carolina County Removing Thousands of Homes from Flood Zones

Aug 8 2016 // New maps for Dare County, N.C., are removing thousands of homes and lots from flood zones, creating a need to update local building codes that until now accounted for more rising water.The Virginian-Pilot of Norfolk...

What Features Have the Biggest Impact on Reconstruction Costs?

Aug 3 2016 // This post is part of a series sponsored by CoreLogic.Reconstruction cost, not market value or assessed value, is used by insurers to determine homeowner’s coverage limits and is an important factor in determining a...

Wildfires Threaten Homes in Central California

Aug 2 2016 // Crews contended with blistering temperatures Monday as they tried to beat back a wildfire that burned rural homes and forced hundreds of evacuations in California’s Central Valley, while cooler weather gave...

$880 Billion of Homes in Danger of Being Underwater, Literally

Aug 2 2016 // When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning.Rising...

North Carolina County Removing Thousands of Homes from Flood Zones

Jul 29 2016 // New maps for Dare County, North Carolina, are removing thousands of homes and lots from flood zones, creating a need to update local building codes that until now accounted for more rising water.The Virginian-Pilot of...

Mass. AG Says FAIR Plan to Pay $350K for Wrongly Cancelling Policies

Jul 26 2016 // The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it wrongly cancelled homeowners insurance policies over a four-year period, according to...

Louisiana Man Gets 10 Years for Arson Fire That Destroyed 3 Homes

Jul 25 2016 // A 33-year-old Raceland, La., man has been sentenced to 10 years in prison after pleading guilty to arson in a fire that destroyed three homes last summer in Gheens.The Daily Comet reports Treiston Pierron pleaded guilty to...

California Wildfires Gut Homes, Force Evacuations

Jul 25 2016 // Thousands were forced to flee a wildfire burning in tinder-dry canyons in Southern California, authorities said.The fire has destroyed at least 18 homes in northern Los Angeles County. The blaze momentum two days after it...

Universal Property & Casualty Expands Into Alabama Homeowners Market

Jul 25 2016 // Universal Insurance Holdings, Inc. was approved in June by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC)....

Florida-Based Homeowners Choice Secures Nearly $1B in Reinsurance for 2016-2017

Jul 22 2016 // Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida-based provider of homeowners insurance, has completed its reinsurance program for the 2016-17 reinsurance year, which runs from June 1, 2016...

Alabama Releases Insurance Guide for Coastal Residents

Jul 22 2016 // The Alabama Center for Insurance Information & Research (ACIIR) in partnership with Smart Home America and the Coastal Alabama Partnership has released its new Alabama Coastal Insurance Shopper’s Guide to help...

Ironshore Expands High Net Worth Coverage to Homeowners in Connecticut

Jul 20 2016 // Ironshore Private Client Group has expanded its Ironshore Private Insurance Portfolio product to high net worth homeowners in Connecticut. Ironshore Private Insurance Portfolio coverage is available in four states on an...

Federal Government Sues California Homeowner for $25M over Wildfire

Jul 18 2016 // The federal government is suing a California homeowner for nearly $25 million, contending his negligence sparked a 2013 fire in the mountains east of Los Angeles that forced 5,000 people from their homes.The lawsuit says...

Who is an “Insured” in the Homeowners’ and Personal Auto Policy

Jul 18 2016 // Just because a person lives in the house does not mean he is an insured under the Homeowners’ (HO) or Personal Auto Policy (PAP). Nor does an individual necessarily have to live in the household to be insured on...