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Home Insurance Prices Could Rise More Quickly With Trump’s Tariffs

KEY TAKEAWAYS Fueled by COVID-19-related supply chain disruptions and increased natural disasters, the cost to repair and build homes has increased over the past five years, and insurers have raised their prices accordingly.President Donald Trump's tariffs on materials used to build homes will...

Defending FAIR Plan suit will be tall order for insurers

Two antitrust suits against major home insurers in California filed April 18, alleging a conspiracy to force homeowners onto the FAIR Plan insurer of last resort most likely will end with a settlement rather than a jury trial, according to an attorney and...

Fully fund vital NOAA and GFDL climate forecasting

An open letter to the President & U.S. Congress 2,517 so far! Help us get to 3,000 signers!The proposed budget cuts to NOAA and the potential elimination of the Geophysical Fluid Dynamics Laboratory (GFDL) would have catastrophic consequences for the United States and...

New survey reveals two key factors blamed for skyrocketing home insurance costs: ‘Alarming trends’

A new survey reveals that voters believe two factors are mostly to blame for rate hikes in the insurance industry — and they believe accountability is lacking.What's happening?In March, Data for Progress and the Insurance Fairness Project polled more than 1,200 "likely" voters...

SIEPR survey: Californians weigh in on home insurance crisis, economic outlook

Three months after the Los Angeles-area wildfires added more fuel to California’s growing home insurance crisis, residents of the Golden State say there’s plenty of blame to go around for the rise in policy cancellations and coverage costs, according to a recent survey...