Browsing: wildfires

A group of homeowners has filed a lawsuit against several insurance companies, alleging they colluded to stop offering coverage in fire-prone areas after the devastating January wildfires in LA.

Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires

Class action lawsuit claims insurance companies conspired to drop customers and force them into expensive state-backed insurance plans

California property owners affected by Los Angeles wildfires accuse over 300 insurers of conspiracy

Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires

State Farm is navigating significant financial impacts from the January wildfires in Los Angeles, prompting rate increases, a capital injection, and reinsurance adjustments.

As wildfires become more frequent and destructive, insurers and brokers are adapting to a changing landscape.

Emergency crews are battling multiple wildfires across North Carolina, prompting evacuations. In Anderson County, South Carolina, authorities are investigating a deputy-involved shooting.

A new study suggests that flooding will likely become the primary threat to California homeowners in the coming decades, surpassing wildfires in risk.

As climate change intensifies natural disasters, the insurance industry is turning to climate scientists to better understand and manage growing financial risks. This article examines the collaboration between climate experts and insurance companies in predicting and responding to climate-related catastrophes.