Latest Homeowners Headlines

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

Insurers Dogged by Claims of Slanted Sandy Reports

Dec 28 2014 // When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work.Their assignment: Find out how...

Florida Floating Home Owner Loses Another Round in Damages Battle

Dec 24 2014 // A South Florida man who two years ago won a U.S. Supreme Court case over the difference between a floating home and a vessel has lost a legal battle against the city of Riviera Beach.A federal jury last week sided with the...

New York DFS Requires Ocwen Reforms, $150M Homeowner Help

Dec 23 2014 // New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation’s largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New...

Homeowners Choice Grabs 36,000 Policies from Florida’s Citizens

Dec 23 2014 // Homeowners Choice Property & Casualty Insurance Co. Inc. said it has assumed 36,000 policies from Florida’s Citizens Property Insurance Corp., of which an estimated 30,000 are wind-only.The assumptions, effective...

Nebraska Court: No Insurance Coverage for Woman Bitten by Dog

Dec 22 2014 // A woman who had part of her lower lip bitten off by a dog she was watching for friends has no right to seek payment of medical expenses from the owners’ home insurance company, the Nebraska Supreme Court ruled on...

North Carolina Denies Homeowners Insurance Rate Hike

Dec 21 2014 // North Carolina insurance companies that wanted to raise the cost of homeowners coverage by an average of roughly 25 percent were told Friday the state’s regulator is instead approving a zero overall change.Insurance...

UK Government, Insurers Reach Agreement to Establish Flood Re

Dec 18 2014 // The UK’s insurance industry and Government have announced the final agreement securing the development and delivery of Flood Re, described as a “pooled insurance system which will allow even the highest risk...

Progressive Insurance Acquiring Homeowners Group ASI for $875M

Dec 16 2014 // Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and...

SBA Loans Impacting Grant Money for Sandy Victims

Dec 15 2014 // When Superstorm Sandy left Denise Erickson’s home with a collapsed foundation, a loan from the Small Business Administration looked like the best deal in town.She got more than $150,000 from the SBA to help fix her...

New York A.G. Announces Aid for Snowstorm Victims

Dec 15 2014 // New York Attorney General Eric T. Schneiderman recently announced several resources for New Yorkers hit by last month’s historic Buffalo snowstorm, including free help for navigating storm-related issues that could...

Louisiana Citizens Insurance Policy Count Down 50% from All-Time High

Dec 15 2014 // Louisiana Insurance Commissioner Donelon announced that the total policy count for Citizens Property Insurance Corp. (Citizens), the state’s property insurer of last resort, has dropped by 50 percent from its...

Rebuild Joplin Wraps Up Work After 180 Homes Built

Dec 9 2014 // A building effort that began in response to the devastating May 2011 tornado in Joplin, Mo., has ended after a volunteer organization built and dedicated its 180th home.Rebuild Joplin co-founder Jerrod Hogan said the...

Juror Witnesses Firsthand What the Hail Is Going on in Texas

Dec 8 2014 // The trial was representative of thousands of hail damage lawsuits presently pending in courts across Texas. The homeowner alleged that her roof was damaged in an April 2011 hail storm. Three months later, on June 23, 2011,...

Louisiana Citizens Insurance Policy Count Down 50% from All-Time High

Dec 8 2014 // Louisiana Insurance Commissioner Jim Donelon announced that the total policy count for Citizens Property Insurance Corp. (Citizens), the state’s insurer of last resort, has dropped by 50 percent from its all-time...

Travelers Unit Sued Over Allegedly Manipulated Sandy Report

Dec 7 2014 // A Travelers Cos. unit was sued by two New York homeowners who accused it of using a doctored engineering report to reject much of their claim for flood damage from Hurricane Sandy, making it the third insurer to face such...

Virginia Drywall Victims Get Settlement Checks, but Many Are Still Ruined

Dec 5 2014 // The settlement checks have been arriving without fanfare in the mailboxes of 262 Virginia families whose homes were built with toxic Chinese-made drywall.It’s the first money that many of the families in a...

New York AG Directs Legal Services Providers to Assist Buffalo Residents

Dec 4 2014 // New York Attorney General Eric T. Schneiderman met with local leaders in Buffalo Wednesday and announced that he is making a network of housing counselors and legal services providers available to help area residents...

Chubb Survey: Attic Storage Can Cause Homeowner Grief, Hazards

Dec 4 2014 // Homeowners who don’t pay attention to what’s going on in their attics can face costly damage that can spread throughout their entire home, warns a new survey sponsored by the Chubb Group of Insurance...

10 things to Know About Winter Risk

Dec 1 2014 // Standard homeowners and renters policies cover winter-related disasters such as burst pipes, ice dams and wind damage caused by weight of ice or snow, as well as fire-related losses. Water damage and freezing account for...

2014 State Specialist P/C Insurers Revealed

Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...