Note that policy costs in these high-risk states, minus California, averaged $5,040 – roughly 150% more than Golden State ...
Even for homeowners outside of California, worsening extreme weather means higher insurance rates. In part because of ...
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the ...
Property-and-casualty insurer Travelers is anticipating significant impact from claims related to the wildfires this month in ...
The wildfires in Southern California have put a spotlight on the home insurance industry. Companies are being confronted with ...
Wildfires are burning through not only our forests and communities but also the fragile foundation of an insurance market.
In the months leading up to the recent fires, 1,600 homeowners in California had their fire insurance policies dropped by ...
Here’s the California home insurance debacle made simple: No more bargains. Property owners are keenly aware of the state’s numerous risks to their property, most notably wildfires.
The Palisades and Eaton wildfires in Los Angeles County have displaced thousands of homeowners — many of whom have inadequate coverage due to the state’s broken home insurance system. And ...
One economists thinks a dangerous dangerous climate for homeowners and communities create widespread financial instability.
A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their home is near a site affected by wildfires.