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New data reveals major factor driving up US homeowners’ insurance rates: ‘It’s important to understand’

Life in some of the most expensive counties in the U.S. is getting more expensive due to the fiery effects of climate change.What's happening?Data from wildfire risk modeler Cotality shows nearly every home along the Sonoma County coast is considered high risk for...

Florida last-resort insurer’s arbitrations are called biased

Takeaways:Citizens Property Insurance wins 90% of arbitrationsAdministrative hearing judges funded by last-resort insurerPlaintiff attorney calls process unfair to claimantsCitizens Property Insurance, Florida's homeowners insurance of last resort, wins over 90% of unpaid claims cases that go to arbitration, according to an analysis by...

When the insurance company sends a fire crew

When several pickups arrived carrying yellow-shirted men who quickly began setting up sprinklers around Peter Jesberg’s property near Yampa, he realized just how fast the Crosho fire was encroaching on his home.  The men were not firefighters in the traditional sense — they were...

Thousands of Harris County residents are dropped from their home insurance polices, Data shows

New data shows U.S. homeowners prone to natural disasters lose homeowners insurance at nearly twice the rate of those who live in less vulnerable counties.Kinder Institute data shows 55% of Harris County residents own homes all of which are subject to the intense...