Browsing: Wildfire Insurance

New law requires insurance companies to be transparent about wildfire risk discounts and consider mitigation efforts when assessing properties

State Senate votes down Gov. Jared Polis’s proposal to create a state-operated reinsurance program for wildfires amid rising premiums and wildfire threats

Tahoe Donner Association secures first-of-its-kind wildfire insurance policy linking premium pricing to decades of forest management, potentially reshaping wildfire insurance nationwide.

Homeowners face delays and disputes over insurance payouts after Los Angeles fires

California’s largest insurer requests immediate rate increases citing $7 billion in expected claims from LA County fires

The California FAIR Plan, a state-backed insurance pool for high-risk properties, is grappling with significant financial strain due to recent wildfires. The plan’s 2025 reinsurance structure and new legislative efforts aim to address these challenges.

Idaho Department of Insurance promotes ‘home hardening’ to help homeowners maintain insurance coverage despite increasing wildfire risks

Colorado lawmakers are pushing legislation to stabilize the homeowner insurance market and create more affordable property insurance options.

In response to the recent California wildfires and ongoing insurance crisis, lawmakers are introducing various bills to address issues with the FAIR Plan and insurance premiums

The Idaho Department of Insurance is requiring property insurance companies to submit data amid concerns of rate hikes and cancellations in wildfire-prone areas.