Stories Tagged as
Homeowners insurance
California insurance commissioner on navigating the insurance maze after LA's fires
by
Nova Safo
and Erika Soderstrom
Jan 17, 2025
"We're never going to get to affordability if we don't get insurers back into California. And the way we do that is by bringing down the risk," said Ricardo Lara, the California Insurance Commissioner.
Insured losses from LA's fires could be upwards of $30 billion, industry trade rep says
by
Nova Safo
and Ariana Rosas
Jan 15, 2025
The fires in Los Angeles "could make this the costliest insured loss due to wildfires in history globally," said Karen Collins with the American Property Casualty Insurance Association.
Is the Florida insurance market really "stabilizing"?
by
Amy Scott
Nov 21, 2024
After years of rising premiums, policyholders may see some relief.
Are we in the midst of a climate housing bubble?
by
Amy Scott
May 28, 2024
Experts warn rising insurance costs could depress property values in risky areas.
Bad weather, bad news for homeowners seeking insurance in Texas
May 21, 2024
More severe weather events means higher rates and more Texans forced into state insurance plans.
Safety net home insurance plans are becoming the only option for many in disaster-prone states
by
Scott Rodd
May 20, 2024
As private insurance companies retreat in states hit by climate-fueled disasters, safety net insurance plans are left to fill the gap.
Rising insurance costs are making homeownership even more expensive
by
Amy Scott
Mar 21, 2024
Climate risk and inflation are making insurance harder to find and mortgages harder to afford.
For public good, not for profit.
California orders insurers not to drop homeowners in wildfire-prone areas
Sep 21, 2021
With the risk of wildfire rising, it's become harder for some homeowners to find coverage.
Why doesn't homeowners insurance cover flood damage?
Sep 16, 2021
Short answer: Flooding cost insurance companies too much money, so the federal government stepped in.