Latest Homeowner's insurance News

$2.5B Hurricane Ida aid to Louisiana residents, businesses

Dec. 02, 2021 14:16 PM EST

BATON ROUGE, La. (AP) — Louisiana residents and businesses have received $2.5 billion in federal aid related to Hurricane Ida, the Federal Emergency Management Agency said. It said another $27.8 million has been approved in public assistance grants for local...

Lawmakers outline insurance complaints after Hurricane Ida

Dec. 01, 2021 15:47 PM EST

BATON ROUGE, La. (AP) — Slow responses to damage claims. Constant switch-ups of insurance adjusters assessing the destruction. Low payment offers forcing people unnecessarily into litigation to get a fair deal. Louisiana lawmakers and others said Wednesday that those...

Liz Weston: 3 times you need money advice from a human

Nov. 22, 2021 08:19 AM EST

You can now manage most aspects of your money without ever consulting another human being. You can budget, borrow, save, invest, buy insurance, prepare your tax return and create a will — among many other tasks — by using apps, websites and software. But technology...

Appeals court rejects California home insurance refund order

Nov. 02, 2021 20:15 PM EDT

SACRAMENTO, Calif. (AP) — Consumer advocates said Tuesday that they will ask the California Supreme Court to overturn an appeals court ruling they said undermines the state's ability to order billions of dollars in insurance company refunds. A San Diego-based state...

Editorial Roundup: Florida

Oct. 27, 2021 14:30 PM EDT

Palm Beach Post. October 26, 2021. Editorial: Florida Senate must reject Dr. Ladapo confirmation In Dr. Joseph Ladapo, Gov. Ron DeSantis not only hired a hardline sycophant but found a miscreant of a medical professional who apparently doesn’t care...

New mediation option set up for Ida home insurance disputes

Oct. 19, 2021 14:18 PM EDT

BATON ROUGE, La. (AP) — Homeowners and insurance companies haggling over Hurricane Ida damage claims can take advantage of a new mediation program announced Tuesday by Louisiana’s Department of Insurance. Insurance Commissioner Jim Donelon detailed the program at a...

Battle over California fire insurance policies intensifies

Oct. 14, 2021 18:34 PM EDT

SACRAMENTO, Calif. (AP) — Massive wildfires are making it harder for some California homeowners to get property insurance, pitting the state's insurance commissioner against the industry in an escalating conflict that will likely stretch into 2022's statewide elections. ...

Analysis: Louisiana braces for flood insurance sticker shock

Oct. 03, 2021 16:01 PM EDT

BATON ROUGE, La. (AP) — Hundreds of thousands of Louisiana homeowners, many of them still digging out of Hurricane Ida's destruction, will soon see rising flood insurance bills. But the federal government is providing few details about how much its recalculation of rates will boost premiums...

EXPLAINER: Flood insurance revamp aims for fairer rates

Oct. 01, 2021 12:23 PM EDT

A revamped U.S. flood insurance program going into effect this month will charge rates the federal government says better reflect a home's risk, a change that could mean higher premiums for coastal mansions and -- for the first time -- reduced rates for others. The...

California orders more insurance options for wildfire areas

Sep. 24, 2021 20:08 PM EDT

SACRAMENTO, Calif. (AP) — California Insurance Commissioner Ricardo Lara has ordered the state's “insurer of last resort” to offer more comprehensive coverage for homeowners who can't buy private insurance because they live in areas threatened by wildfires. The...