All the headlines from our Homeowners Topic Page, ordered by recency.
Jul 28 2014 // Florida homeowners’ insurer Federated National Holding Co. and the Canadian bank and investment manager C.A. Bancorp Inc. have agreed to form a new Florida-based homeowners insurance carrier to be named Monarch...
Jul 28 2014 // Insurance agent, insurance carrier and real estate lobbyists praised federal regulators in charge of the National Flood Insurance Program (NFIP) last week on Capitol Hill, agreeing that the process of issuing flood...
Jul 22 2014 // Florida’s state-backed property insurer’s proposed rate reduction is raising questions about whether it will make the insurer competitive with the private market.Citizens Property Insurance Corp. recently...
Jul 21 2014 // Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio’s average auto and homeowner’s rate remain among the lowest in the country despite increases taken in the past two years.In 2013,...
Jul 21 2014 // HomeServe USA’s subsidiary Home Emergency Insurance Solutions is relaunching its optional Water Service Line Insurance plans as home protection plans to more than 425,000 households across the state of California. A...
Jul 17 2014 // Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance...
Jul 17 2014 // North Carolina’s insurance commissioner has postponed until October a hearing into a request by homeowners insurance companies to raise rates by an average of 25 percent statewide.Commissioner Wayne Goodwin said the...
Jul 16 2014 // Terrebonne Parish in Louisiana has a $4 million grant it’s using to buy nine storm-damaged or flood-prone homes throughout the parish.Lafourche Parish has a similar program, but only two households are participating....
Jul 10 2014 // Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio’s average auto and homeowners insurance rates remain among the lowest in the country despite recent increases.In 2013, the average rate...
Jul 10 2014 // Geophysicists don’t know what caused a sinkhole measuring about 80 feet deep to appear in a Fairbanks, Alaska resident’s yard last week.And they might never know. Homeowner Al Schultz had safety concerns about...
Jul 10 2014 // Owners of South Carolina rental properties have the option of insuring their residences through Lighthouse Property Insurance Corp. beginning July 14. The coverage is available for rental residence or an owner-occupied...
Jul 10 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
Jul 3 2014 // HomeServe USA‘s subsidiary Home Emergency Insurance Solutions (HEIS), is relaunching its optional Water Service Line Insurance plans as home protection plans to more than 425,000 households across the state of...
Jul 3 2014 // MAPFRE Insurance has entered the Pennsylvania insurance market. MAPFRE’s operations in Pennsylvania will be headquartered in King of Prussia and the company will offer private passenger automobile and homeowners...
Jun 30 2014 // The Massachusetts state Senate on June 26 passed legislation filed by the state’s attorney general, Martha Coakley, and state House Speaker Robert DeLeo aimed at softening the impact of flood insurance rate...
Jun 26 2014 // Parts of Ohio are again cleaning up after severe storms rolled through — including a tornado that touched down in northeast Ohio. The National Weather Service confirmed a high EF1 or EF2 tornado touched down on June 23...
Jun 24 2014 // There’s a new state law that aims to protect homeowners against unscrupulous contractors who offer to repair the sort of storm damage that occurred last week in southern Wisconsin.The law’s provisions seem to...
Jun 24 2014 // The parent company of one of Florida’s largest home insurers has entered into a non-binding deal to purchase another state-based insurer in a move that could affect 21,500 state policyholders.HCI Group Inc. announced...
Jun 23 2014 // Florida’s passage of a homeowners’ claims bill of rights left few satisfied after lawmakers largely codified current law while avoiding controversial issues such as the practice of policyholders assigning their...
Jun 20 2014 // The Massachusetts Property Insurance Underwriting Association (“FAIR Plan”) said its board of directors will meet next week to decide whether to file an appeal to challenge Insurance Commissioner Joseph G....