Browsing: wildfires

California homeowners are struggling to find affordable insurance as major providers pull out of the market, citing extreme weather risks and rising rebuilding costs.

Ongoing wildfires in northern Saskatchewan are anticipated to have significant economic and insurance-related consequences, affecting multiple sectors of the provincial economy.

The Insurance Bureau of Canada has activated its Virtual Community Assistance Mobile Pavilion to provide insurance information and support to residents affected by the ongoing wildfires in northern Manitoba.

Recent wildfires in California have highlighted the importance of adequate insurance coverage for homeowners, with many found to be underinsured or completely uninsured.

Recent wildfires in California have highlighted the critical need for homeowners to have adequate insurance coverage. A significant number of policyholders are underinsured, risking financial disaster in the event of a catastrophe.

Homeowners in California have filed twin lawsuits against over 200 insurance companies, alleging collusion to force them into the state’s insurer of last resort, the California FAIR Plan Association, following devastating wildfires in 2025.

State Farm dropped 1,600 insurance policies in Pacific Palisades six months before devastating fires swept through the community, leaving many homeowners vulnerable.

State leaders in Colorado, Idaho, and other Mountain West states are struggling to address a growing home insurance crisis driven by increasing wildfire risks and climate change.

California insurance regulator approves State Farm’s request for emergency rate hike up to 38% for homeowners and rental properties

California homeowners face another sharp increase in insurance rates as State Farm raises prices by 17%, following a 20% hike last year, amid growing concerns over climate change and its impact on the insurance industry.