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Senate Says Climate Is Causing Insurance ‘Crisis’; Industry Strikes Back

The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is increasing non-renewal rates in multiple states, but the insurance industry clapped back by saying extreme...

Texas Republicans Don’t Have A Plan For Rising Home Insurance Rates

If State Rep. Briscoe Cain (R-Deer Park) is any indication, the Texas legislature has no plans yet to deal with the skyrocketing price of home insurance driven by the increased natural disasters from man-made climate change. “I’m not sure how we lower them,” Cain...

See Where Home Insurance Policies Were Dropped in Your State

As climate shocks get worse, insurance companies are increasingly dropping homeowners facing risks of hurricanes, wildfires and other disasters. Now, the results of a congressional investigation, shared exclusively with The New York Times, have made it possible to see where insurance...

California aims to expand insurance coverage in fire-prone areas with new rules

FOX Business’ Max Gorden reports on the latest news that Allstate will raise California home insurance rates by 34% on ‘Varney & Co.’ California Insurance Commissioner Ricardo Lara announced the enforcement of a regulation aimed at expanding insurance...