homeowners insurance News

Hundreds Evacuated as Crews Battle California Wildfire

Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced the closure of the main roadway near Big Sur. One structure, a yurt, was destroyed by the blaze that broke …

Woman Missing in Colorado Wildfire Was Last Seen Trying to Save Dogs

As a fast-moving wildfire spread in suburban Denver, an emergency responder warned Edna Nadine Turnbull to evacuate. But the 91-year-old went back inside her home to rescue her dogs. Turnbull and her pets were never seen again. Authorities said Wednesday …

Is Coverage Possible When You Accidentally Burn Down Your House?

In the category of you can’t make this stuff up, a December article on Insurance Journal caught my eye, especially when a coworker asked me if this could be covered by their homeowners’ insurance. If you haven’t read about the …

Homeowners of America Introduces Services in Montana

Homeowners of America, a property/casualty insurance provider and subsidiary of Porch Group Inc., launched service in Montana. With the addition of Montana, HOA now operates in 14 states. HOA launched its service in New Mexico earlier this month. Seattle, Washington-based …

California Budget Aims to Tackle Climate Change, Wildfires, Crime

California Gov. Gavin Newsom proposed a $286.4 billion budget that sets off months of budget talks with his fellow Democrats, who control the state Legislature, before the new fiscal year begins July 1. Newsom focused much of his budget proposal …

AM Best Says Demand Surge and Inflation to Amplify Colorado Wildfire Losses

AM Best expects demand surge and rising inflationary pressures on building costs to add to overall loss estimates in the recent wildfires in Colorado. In a commentary AM Best notes that early industry estimates place losses in the late-December wildfires …

Colorado Wildfire Caused $513M in Damage, Officials Say

Last week’s Colorado wildfire caused at least $513 million in damage and destroyed nearly 1,100 homes and structures, officials as they updated the toll of property lost in the most destructive wildfire in state history. Boulder County released the new …

PG&E Blamed for Dixie Fire in Northern California

Pacific Gas & Electric power lines sparked last summer’s Dixie Fire in Northern California that swept through five counties and burned more than 1,300 homes and other buildings, state fire officials said Tuesday. The blaze was caused by a tree …

Investigators Narrow Search for Origin of Massive Colorado Wildfire

Investigators looking for the cause of the Colorado wildfire that destroyed nearly 1,000 homes have narrowed their search to a sparsely populated neighborhood near Boulder where a passer-by captured video of a burning shed on the day the fire began, …

2 Still Missing in Colorado Wildfire; Cause Under Investigation

Search teams looked for two missing people in the smoldering debris from a massive Colorado wildfire while people who escaped the flames sorted through the charred remnants of their homes to find what was left. Investigators were still trying to …