Latest Homeowner's insurance News

Editorial Roundup: Texas

Nov. 07, 2022 07:17 AM EST

Austin American Statesman. November 6, 2022. Editorial: On Election Day, vote for candidates who respect democracy Texas has more election deniers on the ballot than any other state, according to the FiveThirtyEight website As you cast your ballot for...

Liz Weston: 3 inflation-savvy moves to make now

Oct. 17, 2022 07:58 AM EDT

Inflation is proving to be a stubborn, unwanted houseguest. No one particularly likes paying more for food, fuel and other living costs. But so far, the Federal Reserve’s attempts since March to evict inflation with higher interest rates haven’t worked. Because we may be stuck...

Editorial Roundup: Louisiana

Oct. 13, 2022 13:18 PM EDT

The Advocate. October 10, 2022. Editorial: Insurance crisis offers Louisiana few good options The difficult 2020 and 2021 hurricane seasons are fading from memory, but it will take a long time for Louisiana to recover. It’s not just the blue roof tarps that still...

Hurricane Ian floods leave mess, insurance questions behind

Oct. 07, 2022 11:46 AM EDT

NORTH PORT, Fla. (AP) — Christine Barrett was inside her family’s North Port home during Hurricane Ian when one of her children started yelling that water was coming up from the shower. Then it started coming in from outside the house. Eventually the family was forced to climb...

Ian deals blow to Florida's teetering insurance sector

Oct. 05, 2022 06:27 AM EDT

Daniel Kelly and his wife bought a 1977 doublewide mobile home in May for about $83,000 at Tropicana Sands, a community for people 55 and older in Fort Myers, Florida. But he ran into roadblocks when he tried to insure it. Managers at Tropicana Sands told him he likely wouldn’t be...

Ian threatens Florida's already unstable insurance market

Sep. 28, 2022 21:17 PM EDT

TALLAHASSEE, Fla. (AP) — Florida's property insurance market was already in peril. Now comes Hurricane Ian. The massive storm that barreled into southwest Florida delivering catastrophic winds, rain and flooding is likely to further damage the insurance market in the state, which...

Louisiana governor to go abroad to talk insurance, energy

Sep. 27, 2022 19:39 PM EDT

BATON ROUGE (AP) — As Louisiana continues to be plagued by a spiraling insurance crisis, with insurers leaving the state and canceling homeowner policies as thousands of claims remain unpaid following a series of hurricanes, Gov. John Bel Edwards will travel to London this week to meet with a...

California to again protect insurance policies in fire areas

Sep. 22, 2022 14:36 PM EDT

FORESTHILL, Calif. (AP) — California temporarily banned insurance companies Thursday from dropping customers in areas affected by recent wildfires, a day after evacuation orders were lifted for residents near a two-week-old blaze that’s become the largest in the state so far this year. ...

State Farm, Mississippi settle lawsuit over Katrina payments

Sep. 15, 2022 14:33 PM EDT

BILOXI, Miss. (AP) — Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate homeowners. The settlement says the $12 million payment represents...

California aims to lower fire insurance costs for homeowners

Sep. 07, 2022 20:48 PM EDT

SACRAMENTO, Calif. (AP) — California moved Wednesday to become the first state to lower insurance costs for property owners who make improvements to reduce their fire risk, the state's insurance commissioner said as wildfires again flared across the heat-stricken state. But the...