homeowners insurance News

Early Data Shows Insured Losses from California Wildfires Already at $1B and Growing

Insurance Commissioner Dave Jones today released preliminary data provided by eight California insurers processing claims for tens of thousands of policyholders that shows $1.045 billion in losses to commercial and residential structures, personal and commercial vehicles and agricultural equipment. The …

California Commissioner Asks Insurers to Expedite Claims to Aid Wildfire Victims

California Insurance Commissioner Dave Jones over the weekend issued a notice to insurers asking them to agree to expedited claims handling procedures for wildfire damage claims to help fire victims more quickly. Several insurers immediately agreed to the Jones’ request …

Insurtech Lemonade Opens Its Sales Platform for All to Use

Lemonade announced Tuesday that it launched a public API (application programming interface), allowing anyone to seamlessly offer Lemonade policies through their apps or websites. The insurtech home insurer announced: “Today, we’re thrilled to announce that we’re opening up the Lemonade …

How Does the Homeowners’ Policy Deal with Trees?

We went to a birthday party over the weekend. At one point the conversation spun into hurricane talk, as it does after a storm passes over. We had folks that live all over Florida and the questions always start with, …

Progress Made on California Central Coast Wildfires

Firefighters made progress on trio of wildfires on California’s Central Coast. Santa Barbara County fire spokesman Mike Eliason said that a marine layer of cooler, wetter air helped fire crews contain 60 percent of 440-acre blaze over the weekend. About …

Firefighters Save Numerous Homes From Southern California Canyon Blaze

Firefighters working in steep canyons on Tuesday got help from retardant-dropping aircraft flying around-the-clock as they saved homes from a smoky blaze that surged through suburban canyons in Southern California and sent hundreds scrambling for safety. One structure burned, but …

Fire in Utah City Isn’t Expected to Drive up Insurance Rates

Insurance rates aren’t expected to go up in Ogden neighborhood where a wildfire destroyed three homes and caused the evacuations of hundreds. But authorities are warning the residents to be on high alert for landslides because the land is now …

2 Wildfires In Northern California Destroy or Damage Multiple Homes

Authorities say multiple homes and other structures have been destroyed or damaged in two wildfires that broke out over the weekend in Northern California. Fire officials in Auburn northeast of Sacramento said flames that erupted Saturday afternoon damaged several structures. …

Note to Texas, Florida: Insurance Fights Over Sandy Rage On

The destructive floodwaters of Superstorm Sandy receded quickly, but some storm victims are still neck-deep in a battle over insurance payouts. And many victims of this year’s storms in Texas, Florida and elsewhere should brace themselves for a similar fight, …

Connecticut Reminds Policyholders to Be Prepared This Storm Season

Connecticut Insurance Commissioner Katharine L. Wade is reminding policyholders to review their homeowners insurance and understand their coverage as the 2017 Atlantic tropical storm season heads into its busiest time. The storm season traditionally runs from June 1 through November …