homeowners insurance News

Ohio’s Root Insurance Now Offering Homeowners Coverage

Columbus, Ohio-based insurtech, Root Insurance, has launched Root Home, a homeowners insurance program that is available in 13 states. Root Insurance customers who bundle with new or existing auto policies will save 10% on homeowners insurance, the company said. The …

Homeowners Insurtech Openly Expands into Kentucky

Openly Insurance, a tech-forward company that specializes in premium homeowners insurance, is expanding into Kentucky, the fifth state it is offering its product in to date. Kentucky makes it the fifth state to now offer Openly’s exclusive homeowners insurance product, …

Pennsylvania High Court Says Insurer Has Duty to Defend in Shooting Case

The Supreme Court of Pennsylvania held that an insurer has a duty to defend its insured’s estate in a personal injury lawsuit brought by a man who was shot by the policyholder. This comes after Richard A. Carly came to …

Velocity Risk Unveils New Coastal Homeowners Product for Florida, Texas

Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas. The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to give appointed agents the ability to …

Insurer Responsible for Liability Claims Despite Uninsured Premises Exclusion

The Massachusetts Supreme Judicial Court has ruled that an insurer is responsible for paying liability claims resulting from the improper use of a portable generator, despite an uninsured premises exclusion in the insured’s homeowners policy. This comes after four people …

Homeowners Insurtech Openly Expands Into Tennessee

Openly Inc., an insurtech backed by Gradient Ventures, Google’s AI-focused venture fund, has gone live in Tennessee. The addition of Tennessee comes on the heels of the company’s launch and funding announcement in late 2019, along with a recent expansion …

Delaware Court Says Insurance Doesn’t Cover Attacker in School Fight

Delaware’s Supreme Court has overturned a judge’s ruling that an insurance company must extend liability coverage to a teenager who was convicted of criminally negligent homicide after a school bathroom attack that left a 16-year-old girl dead. Wednesday’s ruling reverses …

Branch Launches in Missouri, Offering Home, Auto Insurance

Columbus, Ohio-based Branch has launched statewide in Missouri, offering home and auto insurance. Branch said using technology and automation it has developed a way to bundle home and auto insurance with just two questions, name and address. Now customers can …

California Department of Insurance Issues Revised Plan of Operation for FAIR Plan

Editor’s note: This story has been updated with comments from a FAIR Plan official. The battle between the California Department of Insurance and the FAIR Plan will continue to rage on in the wake of two severe wildfire seasons. The …

As California Thins Forests to Limit Wildfire Risk, Some Resist

Buzzing chainsaws are interrupted by the frequent crash of breaking branches as crews fell towering trees and clear tangled brush in the densely forested Santa Cruz Mountains south of San Francisco. Their goal: To protect communities such as Redwood Estates, …