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Lawmakers debate over special session to address home insurance – WAFB

Lawmakers debate over special session to address home insurance. Updated: 6 hours ago. Close. Subtitle Settings. Source link

Residents still dealing with damage from New Year’s Eve storm

A Sacramento family has holes in their ceiling along with insulation and glass on the floor after a tree fell onto their roof. SACRAMENTO,...

Louisiana faces home insurance “crisis” as more companies leave

Over 20 insurers have exited the state or have gone bankrupt within the last two years.Thousands of Louisiana residents are struggling to find affordable home insurance coverage as insurers continue to leave the state following years of catastrophic storms.The storms have been increasing...

Florida Homeowners Will Likely Continue to Face Challenging Property Insurance Market in 2023

The trend of paying up to protect your home is expected to continue in 2023.  According to the Insurance Information Institute, premiums in Florida are expected to increase an average of about 40% this year, even though lawmakers in Tallahassee approved sweeping reforms...

Judges ‘rewrote’ COVID coverage policies, restaurants tell N.Y. top court

Appeals court changed definition of physical damage on $50 mln Swiss Re policy, counsel for insured arguesEmphasizes "evolving science" on how virus impacts property(Reuters) - A trial court and a five-justice appellate panel got trapped in an “echo chamber of inapposite authority” and...

Why do so few Californians have flood insurance — as state reels from storm damage?

California is assessing the damage from weeks of severe storms and the mudslides, sinkholes, downed trees, and fatal flooding that came with them. President Joe Biden plans to visit Central California later this week to view the aftermath. KCRW talks to Mark Friedlander,...