Browsing: wildfires

Heritage Insurance faced significant catastrophe losses in the fourth quarter of 2024 due to California wildfires and Hurricane Milton.

Worsening wildfires driven by climate change are causing home insurance rates to skyrocket in California, with other states feeling the pressure, too. Here’s how climate change is reshaping home insurance in California and across the U.S.

In response to recent wildfires and broader insurance challenges, California legislators are proposing various bills to address the state’s insurance crisis, focusing on the FAIR Plan, consumer protections, and potential fossil fuel company liability.

Following devastating fires, state legislators are seeking solutions to the ongoing home insurance issues in California, including reforms to the FAIR Plan and new consumer protections.

Consumer groups are urging the California Supreme Court to reconsider a recent appeals court decision that could limit insurance coverage for wildfire debris damage.

California homeowners, renters, and businesses are facing increasing challenges with insurance renewals and affordability due to rising climate risks like wildfires and extreme weather events.

Residents of Sinton, Texas, grapple with the impact of the Welder Fire, highlighting the critical role of fire insurance and the urgency of preparedness, especially given the expected spring winds.

A new resolution in the Idaho Legislature aims to create a committee to examine the state’s property insurance market following the destructive 2024 wildfire season.

A legislative committee will be formed to examine Idaho’s property insurance market following the impact of the 2024 wildfire season.

A legislative committee is proposed to examine Idaho’s property insurance market, with a focus on increasing rates and carriers leaving the state.