Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
More than 30 states have Fair Access to Insurance Requirements (FAIR) plans, which are state-run programs backed by private ...
It’s time to require these companies to compensate communities, homeowners, businesses and even insurers for the losses.
The News Tribune asked experts how insurance companies calculate wildfire risk and what prompts them to drop policyholders.
Verisk's Extreme Event Solutions division estimates that the insured industry losses to property from both the Palisades and ...
When the Los Angeles wildfires erupted, reducing thousands of homes to ash and leaving countless families displaced, a ...
Verisk's Extreme Event Solutions division has estimated that insured losses to property from both the Palisades and Eaton Fires in Los Angeles, ...
LA's catastrophic fires ring alarm bells in Australia, where global ripple effects are likely to force up insurance premiums.
With premiums having risen approximately 20% between 2020-2023 nationwide, a new study examines how homeowners managing the ...
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