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LA Wildfires Torched California's Insurance Market
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
A new Treasury Department analysis looks at how climate-related disasters affected 246 million insurance policies.
How LA Wildfires Torched California’s Insurance Market
With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is certain to total in the tens of billions of dollars.
Wildfires Ignite Insurance Crisis: What’s Next for Californians?
The wildfires still raging in Los Angeles have displaced thousands of homeowners — many of whom have inadequate coverage due to a broken home insurance system in the state. And
4h
US home insurance costs rose more steeply in areas of climate risk, US Treasury Dept study finds
Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for insurance ...
1h
State Farm offers homeowners in fire areas a chance to renew insurance policies.
State Farm, the largest homeowners insurance company in California, jolted residents last year by announcing it would not ...
1h
Soaring homeowners insurance costs aren't likely to abate anytime soon
Homeownership insurance rates will keep going up, experts agree. There are myriad challenges facing the industry.
2d
on MSN
Is Your Term Life Insurance a Waste of Money?
Term life insurance offers affordable coverage with a significant tax-free death benefit, but most policies don't pay out.
9h
More Americans, Risking Ruin, Drop Their Home Insurance
As those trends worsen, more people are getting thrown off their insurance plans. That happens two ways. One is through ...
1d
on MSN
Here's where insurance companies see the most risk for disasters
In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.
6h
on MSN
UnitedHealth shares fall 5% after first earnings report since insurance CEO’s murder
Shares in the insurance provider dropped after the firm disclosed its first earnings report since the shocking assassination ...
1d
on MSN
These home insurance companies denied the most claims
A Los Angeles Times report on three of the largest home insurance companies in California and found that affiliates of ...
3d
Why car insurance prices are rising so much even though inflation is cooling
Policies were close to 13% more expensive in November compared to a year earlier, according to the Consumer Price Index.
1d
Insurance for natural disasters is failing homeowners − I don’t have the answers, but I do know the right questions to ask
What are the goals of the insurance? Who is being insured? And how are policyholders and their risks classified?
2h
on MSN
US home insurance costs more expensive in areas of climate risk, study finds
By Andy Sullivan WASHINGTON -Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils ...
2d
California’s Insurance System Faces Crucial Test as Losses Mount
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that ...
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