Browsing: climate change

The state-based insurance regulatory framework is undergoing significant stress due to increasing natural disasters, prompting debate about the roles of federal and state governments in managing catastrophic risks. This article examines the challenges and potential changes within the US insurance sector.

Experts share advice on navigating the growing climate risks associated with homeownership, including extreme weather events and rising property taxes.

A new report from Insurify shows that Maine’s home insurance rates have remained stable, even decreasing, despite a year of major natural disasters across the country.

Insurance Commissioner Ricardo Lara unveils California’s Sustainable Insurance Strategy to address climate change, market challenges, and protect consumers.

Homeowners insurance costs are rising dramatically, while coverage is decreasing. Insurers are facing challenges from extreme weather and increased construction costs, leading to higher premiums and reduced coverage in disaster-prone areas.

The devastating wildfires in the Los Angeles area pose a significant economic threat, potentially causing up to $250 billion in damages and prompting major changes in the insurance industry.

Rhode Island homeowners face rising premiums and limited insurance options due to climate-related risks and other factors, prompting state officials to advise proactive measures.

The recent wildfires in California are increasing the risk of floods, potentially forcing homeowners to pay for expensive flood insurance.

The US insurance sector faces significant challenges due to the rising frequency and severity of natural disasters, prompting debate over regulatory frameworks and the role of government.

As climate change intensifies, understanding and mitigating the risks associated with homeownership becomes increasingly crucial. Here’s expert advice on how to navigate these challenges.