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Pacific Northwest Residents Concerned About Wildfire, But One-in-Four Say They Don’t Prepare
Sep 24 2024 // The majority of Washington and Oregon (82%) have some level of concern about growing wildfire dangers, but only about one-in-four are taking precautions to combat the impacts of smoky air or fire before it becomes an...
Florida Braces for Potential Gulf Hurricane Strike This Week
Sep 23 2024 // The US Gulf Coast from Mississippi to the Florida Panhandle is at risk of a hurricane strike by the end of the week as a patch of turbulent weather in the Atlantic becomes more organized. Currently a swirl of thunderstorms...
California’s Lara Orders 1-Year Moratorium for 750K Residents Following Wildfires
Sep 20 2024 // California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for 750,000 policyholders affected by the Airport, Bridge, and Line...
Markets/Coverages: Mosaic Offers Syndicated Terrorism Cover for Fine Art & Specie
Sep 19 2024 // Mosaic Insurance, the Bermuda-based specialty insurer, has launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk. The...
Wildfire Risk Upends California’s Cannabis Heartland as Insurance Vanishes
Sep 18 2024 // Hannah Whyte is one of thousands of Californians who have struggled to insure their property in the event of wildfire. Her 77-acre farm nestled deep in a wildfire-vulnerable forest lost its coverage from State Farm after...
California Commissioner, Cal Poly Humboldt Working on Public Wildfire Model
Sep 17 2024 // California Insurance Commissioner Ricardo Lara and Cal Poly Humboldt plan to form a strategy group to undertake what Lara says will be the nation’s first public wildfire catastrophe model. The plan is for the group...
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