Where Homeowners Rates Are Rising—and Who Is Raising Them Most January 24, 2025 According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and...
Insurance Commissioner Orders Advance Payments on Claims for LA Wildfire Survivors January 23, 2025 California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles...
Moody’s Expects LA Wildfires to Increase Property Insurance Costs Across State January 23, 2025 Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs...
KCC Estimates Losses From Palisades and Eaton Wildfires to Be Near $28B January 23, 2025 Catastrophe modeler KCC said insured loss from privately insured and California FAIR plan policies to residential, commercial and industrial properties,...
New Wildfires Erupt in California, Forcing Thousands to Evacuate January 23, 2025 By Brian K. Sullivan Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears...
Ash Left Behind by LA Wildfires Might Be Toxic, Experts Warn January 23, 2025 By Melina Walling Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month’s...
Verisk Estimates Insured Losses for Palisades and Eaton Fires at $28B to $35B January 22, 2025 New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between...
Wildfire-Risk Models Are Struggling to Predict LA-Style Fires January 22, 2025 By Gautam Naik Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors...
Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says January 22, 2025 By Chad Hemenway The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in...
Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene January 22, 2025 By William Rabb As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be...