Latest Homeowners Headlines

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

California Commissioner, Allstate Agree to Homeowner Rate Reduction

Mar 7 2016 // California Insurance Commissioner Dave Jones reached an agreement last month with Allstate Insurance Co. and Allstate Indemnity Insurance to reduce the carrier’s homeowner insurance rates statewide by an average of...

Piecing Together Homeowners Coverage

Mar 7 2016 // The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners...

Homeowners Insurance Claims Increase in Texas in 2015

Mar 7 2016 // Texas weather catastrophes caused a huge jump in homeowners insurance claims last year, the Insurance Council of Texas reported. Though claims increased by 120,000 over 2014, the number of policyholder complaints increased...

HSBC to Pay Massachusetts $4M Over Force-Placed Claims

Mar 7 2016 // Massachusetts Attorney General Maura Healey said national mortgage lender and servicer HSBC has agreed to pay $4 million to resolve allegations involving force-placed insurance practices.The settlement resolves allegations...

EF2 Tornado Strikes Alabama, Damages at Least 12 Homes

Mar 4 2016 // Forecasters say a tornado that severely damaged homes and trees in a Birmingham, Ala., suburb has been determined as an EF2, with winds of between 120 and 125 mph. National Weather Service meteorologist Jason Holmes told...

Oklahoma Wildfire That Burned Homes, Outbuildings Almost Contained

Feb 23 2016 // Oklahoma Forestry Services says firefighters have almost contained a large wildfire east of Okmulgee.Officials say the Pharoah-Nuyaka fire has burned about 34 square miles and is about 60 percent contained. But residents...

Homeowners Ask Judge to Rule Against New Jersey in Protective Dune Case

Feb 23 2016 // Nine oceanfront homeowners in Bay Head, New Jersey, are asking a judge to declare that the state has no legal right to seize parts of privately owned beaches for a protective dune project.In court papers filed Feb. 19, the...

Mississippi City to Sell Abandoned Properties to Homeowners for $10 to $250

Feb 23 2016 // Homeowners in Jackson, Miss., will be allowed to purchase blighted properties in their neighborhoods for $10 to $250, under an order passed by a City Council committee.The panel on Feb. 16 approved the Neighbors First Lot...

Oklahoma Ponders ‘California Model’ for Earthquake Insurance

Feb 22 2016 // Oklahoma lawmakers are in the early stages of considering legislation to create a state-level “earthquake reinsurance program” that its author claims will be modeled on the California Earthquake Authority.S.B....

Massachusetts Bill Aims to Open Up Rate Filings for Discussion

Feb 22 2016 // The Massachusetts Senate earlier this month passed a legislative amendment that would open up home insurers’ rate filings for public discussion.The amendment was proposed by Massachusetts State Senator Mike Barrett,...

HSBC to Pay Mass. Homeowners $2.7M Over Force-Placed Insurance Practices

Feb 19 2016 // Massachusetts Attorney General Maura Healey said national mortgage lender and servicer HSBC has agreed to pay $4 million to resolve allegations involving force-placed insurance practices.The settlement resolves allegations...

California Commissioner, Allstate Agree to Homeowner Rate Reduction

Feb 17 2016 // California Insurance Commissioner Dave Jones has reached an agreement with Allstate Insurance Co. and Allstate Indemnity Insurance to reduce the carrier’s homeowner insurance rates statewide by an average of 12.6...

Massachusetts Bill Aims to Open Up Home Rate Filings for Discussion

Feb 16 2016 // The Massachusetts Senate recently passed a legislative amendment that would open up home insurers’ rate filings for public discussion.The amendment was proposed by Massachusetts State Senator Mike Barrett,...

Narragansett Bay Hires McLaughlin as Connecticut Territory Manager

Feb 16 2016 // Narragansett Bay Insurance Company (NBIC) has hired Brendan McLaughlin as the company’s assistant vice president – Connecticut territory manager.In this position, McLaughlin will be responsible for developing...

Narragansett Bay to Write P/C Insurance in Connecticut

Feb 8 2016 // Narragansett Bay Insurance Company (NBIC), a Rhode Island-based specialty underwriter of homeowners insurance products and services in states along the Eastern Seaboard, said the company has been approved by the...

Numerous Tornadoes Strike Southeast, Damage More Than 90 Homes

Feb 5 2016 // The National Weather Service says at least four tornadoes struck rural areas of western Alabama on Tuesday. NWS reports four tornadoes also touched down Tuesday in eastern Mississippi.Officials say an EF2 tornado struck...

Penn. Encourages Homeowners to Look at Private Market Flood Coverage

Feb 4 2016 // The Pennsylvania Insurance Department has created a new “one-stop shop” webpage to make information on private market flood insurance more accessible to Pennsylvania homeowners and renters.In announcing the new...

The Right Property Data Helps Better Serve Consumers

Feb 3 2016 // This post is part of a series sponsored by CoreLogic.Why doesn’t the carrier already have property data on this home? Is this quote accurate or will I have to go back to the homeowner with a revision?Every agent...

Cost Drops for Sinkhole Coverage Through Missouri FAIR Plan

Feb 2 2016 // Premiums for sinkhole insurance through the Missouri Property Insurance Placement Facility, also known as the FAIR Plan, are decreasing, state insurance regulators say.The new rate structure, which is the result of an...

West Texas Wildfire Destroys 7 Homes

Feb 2 2016 // An official says a wildfire destroyed seven homes in a rural area near the West Texas town of Eula. Meanwhile, a wildfire burned almost 3 square miles of ranch land north of Amarillo.The fires, which both started on Jan....