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Court rules state policy on smoke damage is unlawful

A California judge has ruled the state's bare-bones home insurance program's handling of smoke damage claims is unlawful, a decision that could have wide-ranging implications as insurers increasingly deal with the aftermath of wildfires. What You Need To Know Home insurance broadly covers fire damage,...

Homeowners scramble as thousands of homes are suddenly deemed uninsurable: ‘Unprecedented severity’

In California's most extreme wildfire zones, 1 in 5 homes has lost its insurance coverage since 2019, Forbes reported. What's happening? Over 150,000 households can no longer get coverage. In some ZIP codes, premiums have jumped over 40%. This is because insurance companies are fleeing...

Lightning Protection Tips for Homeowners

As we head into summer storm season, lightning strikes become an increased danger. According to the National Weather Service, approximately 100,000 thunderstorms occur in the United States each year, and certain locations, like west central Florida, can experience particularly severe thunderstorms.Natural disasters like...

Severe weather events a factor behind high home insurance rates in Windsor-Essex: report

A new report indicates homeowners in Kingsville are paying the highest home insurance premiums in Windsor-Essex, and climate change is one of the issues driving up rates. According to the latest Rates.ca Home Insuramap report, Kingsville homeowners pay...

Insurance: Climbing coverage costs cut into consumer budgets – Bank of America Institute

This has taken household property insurance payments as a percentage of income up to 5%. There is a slight skew in payment growth towards younger ... Source link

Villa Terrace to switch owners. Charles Allis museum's future in limbo – Milwaukee Journal Sentinel

Milwaukee County will not be responsible for the maintenance of the property, but will continue to provide property insurance, per the lease agreement ... Source link