As the Rim Fire in California continues to spread from Yosemite National Park, thousands of homes are threatened. In many areas in the West, insurance pools make it possible to build housing in high-risk fire zones.
Glen and his bride-to-be once fought over what to do with a $10,000 insurance windfall. He wanted to blow the money on a $10,000 bike, she wanted to invest it. Whose side are you on?
If you live in a state that suffers from severe weather, finding good homeowners insurance is getting more difficult as weather patterns grow more extreme. So what do you do if the insurance company drops you?
Even in severe drought, farmers who grow commodity crops such as corn and soybeans are significantly protected by insurance they buy from private insurers. The ultimate insurer in a disastrous year? Taxpayers.
The U.S. and Europe are focused on diplomacy and sanctions to stem violence in Syria — and perhaps force the current regime from power. One problem is Russia's alleged supply of arms to the government there. But Western diplomats have discovered a vulnerability: every weapons-carrying ship has to carry insurance.