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‘I’m not going to be able to afford my house anymore’

Homeowners in several states across the U.S. are facing skyrocketing insurance rates due to concerns over extreme weather events, and residents in Boulder, Colorado, are the latest to feel the impact. What's happening? As explained by Boulder Reporting Lab, wildfires becoming a year-round threat in...

Homeowners who lost everything now have to navigate insurance

ST. PETERSBURG, FLA. — Navigating insurance after a hurricane can be a disaster in itself for homeowners. That's why State Farm has opened a catastrophe site in St. Pete, offering homeowners a chance to file their claims and speak to someone in person....

V.I. Property Insurance Squeeze May Not Loosen Soon

Market forces limiting the availability of property insurance in the Virgin Islands and raising prices could begin to level off, officials told the Senate Monday. But it hasn’t happened yet. A so-called hard market, where large insurance companies charge more to cover potential losses...

Scherer: More regulations are not the answer to wildfires and property insurance

Nate Scherer Submitted photo By Nate Scherer | Policy Analyst, American Consumer Institute It doesn’t take a climate scientist to tell you that wildfires are wreaking havoc on large swaths of the country. Propelled by a warming climate, poor forest management practices, a lack of adequate risk mitigation strategies, and...

Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance

On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just over...

Candidates for Washington isurance commissioner disagree over health care, gun liability – Insurance News

Sep. 27—It's been 24 years since Washington elected a new insurance commissioner. Last year, outgoing Commissioner Mike Kreidler announced he would not seek re-election. His departure came as no surprise after he fell under public scrutiny for reportedly using racist language when speaking with...