homeowners insurance News

Evacuation Orders Lifted for Central Colorado Wildfire

Firefighters made progress containing a 15-acre wildfire in a central Colorado mountain community as authorities lifted evacuation orders Monday for residents who were forced to leave their homes a day earlier. Clear Creek County Sheriff Rick Albers told reporters the …

How Personal Lines Insurance Sector Will Fare in 2022

Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average catastrophe activity, a return to pre-pandemic frequency …

Homeowners of America Introduces Services in Oregon

Homeowners of America launched its service in Oregon. Oregon marks HOA’s 11th state of operation HOA is a property/casualty insurance provider and subsidiary of Porch Group Inc. Porch is a vertical software company based in Seattle, Washington.

Uninsured Premises Exclusion Bars Coverage in Home Misrepresentation Suit

An insurer does not have to provide coverage for a couple accused of misleading the buyers of their former home because of an uninsured premises exclusion in the couple’s homeowners policy. The lawsuit came about after Christopher and Dorothy Norton …

Former Governor Focuses on Saving California Forests from Wildfires

As smoke lingered in the air amid another destructive California wildfire season, former Gov. Jerry Brown invited a group to his ranch for an urgent conversation: What more could be done to save California’s forests from wildfires? The reality of …

California Commissioner’s Latest Insurer Non-Renewal Moratorium Covers Nearly 210K Homes

California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve 209,881 residential property insurance policies held by wildfire survivors included in an earlier emergency declaration, bringing the total statewide to 618,700 policyholders across 31 counties who were granted temporary protection …

New York Governor Signs Bill Restricting Home Insurers Over Dog Breeds

New York Governor Kathy Hochul last month signed a legislative package relating to animal welfare. The package includes legislation S.4254/A.4075, which prohibits insurers from refusing to issue or renew, cancel, or charge or impose an increased premium for certain policies …

Orion180 Expands Home Insurtech Model Into Georgia, South Carolina

Orion 180, a homeowners’ insurtech company, has expanded into Georgia and will soon move into South Carolina, the company said this week. Orion, based in Melbourne, Florida, uses technology to allow homeowners to find coverage and connect with agents. The …

Southern California Wildfire Almost Fully Contained, Residents Go Home

Residents who fled the Alisal Fire west of Santa Barbara have been allowed to return home. All evacuation orders and warnings were canceled Sunday afternoon. The fire was 87% contained Monday morning and its size was holding at about 27 …

California Highway Reopens, Wildfire Still Threatens Homes

A key Southern California highway closed for days because of a wildfire was reopened Thursday evening but authorities warned that flames still posed a threat to remote properties in a coastal mountain range. The Alisal Fire has charred more than …