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Will LA’s Firestorms Imperil the Home Insurance Market?

Fires tearing through Los Angeles County have raised new fears about the cost and availability of home insurance.After years of soaring rates, policy cancellations and insurer exits from the California market, some expect the fires that have destroyed more than 2,000 homes around...

Will it impact homeowners insurance?

TEQUESTA, Fla. — WPTV looked into the rules and potential impacts of the Southern California wildfires on homeowners insurance. The damage is widespread, and residents in the Los Angeles area are understandably worried.The fires have raised questions and comparisons on homeowners insurance between...

Trump’s Attack on Government Capacity Will Fan the Flames of the Home Insurance Crisis

The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org. The out-of-control conflagration tearing through Los Angeles County has brought public attention once more to how multiple factors shape wildfire severity, including...

Fire home insurance: California insurance commissioner breaks down what not to do if your home is damaged or destroy by wildfire

California Insurance Commissioner Ricardo Lara is telling residents whose homes or businesses were damaged or destroyed by wildfires this week to not sign anything right away - to be a little patient.A powerful windstorm that slammed Southern California on Tuesday quickly drove wildfires...

January Usually Sees Spike in Home Insurance Claims –

Some winter claims trends info from Saga; New research from home insurer Saga finds January is the most expensive month for accidental damage insurance claims after an analysis of its data. January’s average claim settlement is £935 – 12% more than the yearly accidental damage average –...