Latest Homeowners Headlines

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

Regulatory Roundup: Louisiana Offers Extension for Homeowners with Canceled Coverage, Illinois Asks for Honesty, Colorado Looks for Marshall Fire Claims Relief

Oct 17 2022 // This post is part of a series sponsored by AgentSync.State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with industry...

Legislative Action Aims to Ease Florida Homeowners Insurance Market Struggles

Oct 17 2022 // This post is part of a series sponsored by AgentSync.Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...

U.S. Homeowners Line ‘Stable’ but Weather Events Present Uncertainty: AM Best

Oct 17 2022 // A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted...

Legislative Action Aims to Ease Florida Homeowners Insurance Market Struggles

Oct 12 2022 // This post is part of a series sponsored by AgentSync.Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...

Top U.S. Homeowners Insurers Minimally Exposed to Losses from Ian: Moody’s

Oct 12 2022 // A report from Moody’s Investors Service clearly paints Ian as a loss event for Florida-only home insurers since large, national insurers have significantly reduced exposure in the Sunshine State throughout the...

U.S. Homeowners Line ‘Stable’ but Weather Events Present Uncertainty: AM Best

Oct 3 2022 // A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted...

The Homeowners Nonexclusion Exclusion

Sep 19 2022 // In 2004, almost 18 years ago, I began an initiative to expose one of the most onerous and egregious provisions of any mainstream personal lines policy I had ever seen. The article was entitled “Rent Your Home, Void...

State Farm Sues Amazon to Recover New York Homeowner Claim

Aug 23 2022 // State Farm Fire & Casualty is trying to get Amazon to reimburse it for a payment it made to cover damages to the home of one of its New York insureds. State Farm and its insured claim that the damage was caused by a...

Australia’s Extreme Climate Risks Threaten to Make Home Insurance Unaffordable

Aug 17 2022 // Australia’s mounting extreme weather events threaten to make home insurance premiums unaffordable for an estimated 1 million households.On average, Australians living in high-risk areas like northern Queensland pay...

Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years

Aug 10 2022 // Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new survey from Policygenius.The survey found that 72 percent of young insured homeowners...

Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight

Jul 26 2022 // Openly Starts Openly Insurance Company, a Licensed Homeowners Insurance CarrierOpenly announced the launch of the Openly Insurance Company, a homeowners insurance carrier licensed in 17 states. Openly had formerly...

42,000 Louisiana Homeowners to be Dropped by Southern Fidelity Friday

Jul 21 2022 // More than 40,000 homeowners are looking for new insurance policies after an insurance company dropped them, following similar moves by two other companies.Southern Fidelity canceled 42,000 policies Friday, leaving...

Home Insurance Prices Increase Faster Than Inflation Rate: Policygenius

Jul 12 2022 // According to analysis by insurtech Policygenius, home insurance premiums are rising faster than inflationFrom May 2021 to May 2022, the price of goods and services increased 8.6% in the U.S. In the same time period, home...

Porch Group’s Homeowners Insurance Enters Delaware, Its 19th State

Jul 8 2022 // Home services firm Porch Group announced the expansion of its homeowners insurance services, Homeowners of America (HOA), to Delaware, its 19th state.Porch Group is a Seattle-based, technology platform that provides...

New York City to Provide Inflatable Dams to Homeowners at Risk for Floods

Jul 8 2022 // Homes at high risk for flooding in New York City will receive free inflatable dams in a new plan rolled out Thursday by Mayor Eric Adams.The plan aims to prepare city dwellers for extreme rainfall and costs the taxpayers...

Homeowners of America Launches Insurance Services in Oklahoma

Jun 28 2022 // Porch Group’s Homeowners of America introduced service in Oklahoma. This is now HOA’s 18th state of operation. Porch Group is a Seattle-based vertical software company in the home services and insurance...

UK Home Insurer Policy Expert Considers £1 Billion Sale

Jun 28 2022 // UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2 billion), people with knowledge of the matter said.Investment firm Primary Group Ltd. is working...

Nursing Home Owner Whose Residents Suffered in Ida in Trouble

Jun 24 2022 // The owner of seven Louisiana nursing homes who sent more than 800 of his elderly residents to a crowded, ill-equipped warehouse to ride out Hurricane Ida last year was arrested Wednesday on fraud and cruelty charges...

How to Lower Home Insurance Premiums and Wildfire Risks

Jun 24 2022 // Homeowners in the US got new guidance to help them defend against increasingly frequent wildfires and associated rising insurance premiums.The Insurance Institute for Business & Home Safety, a research nonprofit funded...

Markets/Coverages: Hippo Enters Home Insurance Market in Massachusetts

Jun 22 2022 // Digital insurer Hippo Insurance Services announced the availability of its home insurance products in Massachusetts.Residents of the Bay State can now access Hippo’s home insurance coverage, as well as...