Browsing: wildfires

A bill aimed at making home insurance more accessible in wildfire-prone areas of New Mexico failed to pass, though the bill’s sponsor remains optimistic for those affected.

With its reserves already strained, California’s insurer of last resort may need another bailout as the state heads into the dry summer months.

Many Idaho homeowners face insurance non-renewal due to rising wildfire threats. Agents and state officials are working on solutions.

An analysis of contingent business interruption (CBI) coverage in the context of the Los Angeles area fires, including relevant case law and potential challenges for policyholders.

As wildfires become more frequent and severe due to climate change, California homeowners are struggling to find affordable home insurance. Many insurers are withdrawing coverage, leaving residents with limited and expensive options.

Insurance Commissioner Ricardo Lara is quietly working to address California’s insurance challenges, including the fallout from wildfires and the impact of Proposition 103.

Insurance companies are dropping coverage for Boulder, Colorado, residents due to increased wildfire risk and rising premiums. Colorado lawmakers are working on solutions.

State Farm receives preliminary approval for a 22% home insurance rate increase, subject to conditions and public scrutiny, as California’s insurance market struggles with wildfire risks.

Homeowners in Kayenta, Utah, are experiencing rising insurance rates and non-renewals, despite the area’s minimal fire history, raising concerns about insurance companies’ risk assessment models.

Rising premiums, non-renewals, and limited coverage options are becoming the new reality for Colorado homeowners, as the state grapples with the impacts of extreme weather, inflation, and a shifting insurance landscape.