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State commissioner aims to expand fire insurance options in high-risk areas

OAKLAND -- California state regulators released a new plan to make it less difficult for homeowners to buy home insurance but some consumer advocates worry it would mean sharp premium increases for everyone.The proposed plan comes after many homeowners in older houses and...

Soaring insurance rates send more people shopping for deals

Soaring insurance premiums are causing policyholders to do something they ordinarily don’t: shop around. Insurance customers typically stay with the same carrier year after year. But double-digit price hikes have done what billions of dollars in advertising could not—prompt people to search...

Lost home insurance because of fire risk? Here's what to know – NBC Los Angeles

California has now created the first-ever wildfire risk map to show where insurance companies need to increase coverage. Source link

Here’s where California could push insurers to cover more fire-risk homes

Struggling to find affordable homeowner’s insurance because you live in a fire-prone area? A new proposal by state regulators could soon make it much easier to get coverage. But consumer advocates worry that it would also mean steep rate hikes for many Californians.This...

Milwaukee earns top insurance rating for emergency service

Milwaukee emergency service insurance rating Milwaukee Fire Chief Aaron Lipski and Milwaukee Mayor Cavalier Johnson held a press conference to talk about the city earning a top rating from the Insurance Services Office for its emergency service. Through the cooperative efforts...

Habitat for Humanity asks N.O. City Council for $2M citing foreclosure concerns over homeowners insurance crisis

NEW ORLEANS (WVUE) - The state’s property insurance crisis threatens the foreclosure of more than 100 New Orleans families living in Habitat for Humanity homes.The non-profit is asking the city council for a large chunk of money to help keep struggling homeowners from...