A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their ...
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
It’s time to require these companies to compensate communities, homeowners, businesses and even insurers for the losses.
Widespread shifts in home building and insurance coverage are coming.
As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it ...
California's Department of Insurance also recently passed regulations that pave the way for rate increases in exchange for increased coverage in wildfire-prone regions. In 2024, some insurance ...
Climate change-fueled natural disasters like the L.A. fires could destabilize the entire U.S. economy, economist Gary W. Yohe wrote.
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
Homeowners seeking to rebuild their homes after a devastating disaster may be surprised to find themselves in another ...
Insurance rates are expected to rise because of the California wildfires and some underwriters might start pulling back from disaster prone areas, like wildfire zones.
For the insurance industry, the threat of massive and profoundly destructive wildfires poses a significant and immediate ...