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Home insurance options are shrinking amidst states with natural disasters

Of the top 12 insurance companies in CA, only five are still writing new policies. Wildfires have burned more than one million acres in California so far this year. That is larger than the entire state of Rhode...

The economic impact of Helene and Milton — and who pays for it

The 2024 hurricane season could rank among the most expensive after Helene flooded North Carolina in late September and Hurricane Milton hit south Florida about two weeks later.  Financial damages are still being counted, but the latest estimates put both storms at $50 billion,...

Home insurance town hall packed with information Oct. 15 | News | ojaivalleynews.com

A home insurance town hall was held Oct. 15 with an expert panel at Ventura County Fire Headquarters in Newbury Park, at which much information ... Source link

What to know about home insurance crisis

New regulations could help improve the home insurance issues facing local residents but may not bring a quick fix, officials said earlier this week.In 2017 and 2018, tens of thousands of homes were destroyed as some of California's largest, most destructive wildfires burned. The list...

Don’t count on lower insurance rates – Insurance News

Body Louisiana legislators are ringing their hands over the increasing cost of property insurance. "How are we going to bring insurance premiums down? What to do, what to do?" Will enforcing stronger building codes work? How about giving grants for people to reinforce their...

Helene and Milton reveal Florida’s hopeless home insurance disaster – Reckon

It wasn’t too long ago that a home insurance crisis meant that private providers were leaving disaster-hit states or premiums were excessively expensive, forcing people to sell up and, in some cases, move somewhere less risky.But now, after over 20 years of increasingly...