Browsing: wildfires

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

Legislation aims to strengthen the FAIR Plan and address growing insurance challenges.

Insurance Commissioner Ricardo Lara faces challenges as wildfires coincide with new insurance regulations.

In a letter to California’s insurance commissioner, State Farm leaders express concerns about the financial impact of wildfire claims and potential downgrades in their credit rating.

State regulators have approved rate hikes for two home insurance companies in California, affecting a significant number of policyholders.

The FAIR Plan, California’s last-resort fire insurance provider, will implement a special charge to ensure solvency, increasing costs for homeowners.

State Farm General has requested an emergency rate increase in California, citing financial strain from recent wildfires and the escalating risks associated with climate change.

An interview with Dave Jones, director of the Climate Risk Initiative at UC Berkeley’s Center for Law Energy & the Environment, examines the future of home insurance in California following the devastating Los Angeles fires.

Former California Insurance Commissioner Dave Jones discusses the future of home insurance in the state in the wake of devastating wildfires.

This critical analysis examines the insurance industry’s role in the climate crisis, particularly concerning the devastating Los Angeles wildfires and the industry’s detrimental practices.