Natural disasters have a way of ratcheting up the cost of homeowners insurance. In Florida, the threat of hurricanes and flooding amidst rising sea levels has caused insurance rates for homeowners near the water to rise as well. On the other side of...
We’ve all seen the devastating destruction of property, and in some cases, the loss of life, due to violent weather events, most notably the unusually potent number of tornadoes that raked the Plains and Midwest this past spring.Under that rubble, there’s a residential...
“This has the potential to affect millions of California consumers and the integrity of our residential property insurance market,” California Insurance Commissioner Ricardo Lara said in a statement provided to KQED.
The department will closely examine State Farm’s financial stability, Lara said.
“Using my authority...
Living in San Francisco, I am surrounded by things out of my financial reach: self-driving Jaguars, Corgis pushed in $400 pet strollers and, most prominently: houses. I currently rent, but I entertain the notion that...
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SOUTH SIOUX CITY, Neb. — Rick Satterwhite’s house backs up to the Missouri River, but flood insurance hadn’t really seemed necessary — until this week, when he had to pump water out of his basement after a round of...
A luxurious three-bedroom single-family home in Wine Country, California, listed for sale on Zillow in late May has dropped in price by over $400,000 after spending over a month on the market without going under contract.Read more: Find the Lowest Rates From Top...
