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Climate change means higher insurance premiums

The insurance industry has long relied on data and actuarial tables that quantify risk and determine policyholder costs. That data has largely been thrown out the window. Climate change means erratic temperatures, more storms and more wildfires. Which is to say, it’s a whole new...

What insurance do you need to cover damage caused by extreme weather?

NEW YORK — Extreme weather has taken a toll on people across the country in recent years, including homeowners in the Tri-State Area, but many found out the hard way that their home insurance wasn’t enough to cover the damage. Flash floods devastated parts...

Mercury Insurance Advises Homeowners to Prepare for Hurricane Hilary

Mercury offers tips to help policyholders protect their families and property before severe weather arrivesLOS ANGELES, Aug. 18, 2023 /PRNewswire/ -- In anticipation of Hurricane Hilary, tropical storm watches have gone into effect for parts of Southern California, including the area stretching from the...

Kokua Line: How are landlords paid for emergency housing?

Question: I understand that landlords who rent to eligible people displaced by the Maui fires may be eligible for Federal Emergency Management Agency or state funds. How exactly does that work? Can you elaborate? Answer: No, not at this point. Numerous landlords have asked...

What happens if i don t use my insurance money to fix my roof – Film Daily

House insurance policy is designed to ensure the safety when unexpected damages happen, offering financial support for repair and replacement. The most common example of house insurance claims are the roof damages...