Latest Homeowners Headlines

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

Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role

Sep 26 2024 // Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024...

Home Insurance Customers Staying Put Despite More Shopping Around: J.D. Power

Sep 18 2024 // Chubb, AIG, and Amica lead other insurers in J.D. Power’s assessment of customer satisfaction for home insurance, but the consumer intelligence company said more people are shopping around.The good news for insurers...

Arrowhead announces new carrier partnership for New Jersey homeowners

Sep 10 2024 // SAN DIEGO, CA., September 10, 2024 – Arrowhead General Insurance Agency, Inc. is pleased to announce its new carrier relationship with DB Insurance Company. Together we have introduced a new admitted homeowner’s...

Australian Homeowners Struggling to Afford Insurance as Climate Risks Grow: Report

Aug 26 2024 // Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said...

Medical Worker Wants Home Insurance to Cover Her Against Patients’ Data Claims

Aug 5 2024 // A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says...

With American Mobile Out, Florida’s Mobile Home Insurance Market Seems to Have ‘Fallen Apart’

Aug 5 2024 // Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with only moderate rate increases and more availability.But those calmer waters apparently have not...

Orion180 Launches Homeowners Insurance in Ohio

Aug 2 2024 // Orion180 has announced its expansion into the Buckeye State.According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s...

California Homeowners Sue FAIR Plan Over Smoke Damage Coverage

Jul 25 2024 // A class action lawsuit is being brought on behalf of more than 350,000 policyholders against the California FAIR Plan over smoke damage coverage.Dylan Schaffer, an attorney representing the plaintiffs, told...

How California’s Homeowners Insurance Crisis Is Affecting Brokers

Jul 23 2024 // A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on...

Markets/Coverage: Lemonade Expands Home Insurance Offering in UK

Jul 16 2024 // Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with insurer Aviva.Expanding the company’s home insurance offerings in the UK,...

Allstate Seeking 34% Rate Hike on California Homeowners Insurance

Jul 12 2024 // Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%.According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on...

Markets/Coverages: High-End Home Insurer Openly Enters Virginia

Jul 10 2024 // Home insurer Openly has begun offering its coverage options to independent insurance agents and their policyholders in Virginia.Already active in 23 states, the upmarket home insurer said it is launching in Virginia with a...

To Insure or Self-Insure? The Question Homeowners Must Answer

Jul 8 2024 // No matter where you live, there’s a good chance the weather’s getting wilder. In just the past few weeks, tornadoes have wreaked havoc on Midwest and Southern states, and large swaths of southern Florida were...

US Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair

Jul 1 2024 // This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn’t enough to steer people away from risk in a changing climate.“There is...

US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch

Jul 1 2024 // The U.S. personal insurance sector is positioned for improving underwriting performance in 2024.According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous...

D.A. in California Sues Farmers, Other Home Insurers Alleging Scheme to Underinsure

Jul 1 2024 // Alameda County District Attorney Pamela Price’s Consumer Justice Bureau has sued multiple home insurance carriers in California, including Farmers Insurance Exchange, alleging they’re operating a scheme that...

Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P

Jun 28 2024 // In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below 50 in 2020 to over 70 in 2021 and 2023, a new analysis shows.The S&P Global...

As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis: Survey

Jun 28 2024 // Homeowners are cutting back on dining out, travel, groceries and even medication to afford their soaring property insurance premiums. One in 10 are considering relocating to an area with lower premiums.Within the last five...

Home Insurance at $10,000 a Year Shows California Buyers’ Pain

Jun 24 2024 // California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US. Now, challenges securing and affording home insurance in the wildfire-prone state are...

Emerald Bay Partners with Lightspeed for California Homeowners Insurance Facility

Jun 21 2024 // Emerald Bay Risk Solutions is partnering with Lightspeed Specialty Insurance Solutions to launch an insurance facility in California that delivers coverage for homeowners and landlords. The facility will primarily target...