3+ day, 5+ hour ago  (107+ words) The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California's largest utility, according to a government report that calls for a systemic overhaul of how the state responds to conflagrations as climate…...

2+ week, 4+ day ago  (118+ words) Bloomberg Law News Fannie Mae and Freddie Mac's US regulator is pushing to allow for cheaper roof insurance coverage on mortgages backed by the companies, but the rule change also leave many policyholders in the lurch when they need to…...

3+ week, 5+ day ago  (128+ words) Bloomberg Law News US home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3, 057 this…...

3+ mon, 3+ week ago  (118+ words) When FEMA overhauled rates for millions of homeowners in the National Flood Insurance Program in 2021, critics warned that higher prices could push poorer homeowners out of the program and potentially leave them without a safety net. When the US Federal…...

3+ mon, 4+ week ago  (228+ words) Even with no hurricanes making landfall in the US in 2025, insured losses from global natural catastrophes surpassed the $100 billion mark for the sixth consecutive year, according to an analysis by Swiss Re Institute, the research arm of the reinsurance company....

4+ mon, 1+ week ago  (123+ words) As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there's another way to fund disaster preparedness: a…...

7+ mon, 5+ day ago  (145+ words) The cost of property insurance in the US rose to an all time-high in the first half of the year, as homeowners faced sharp price increases in states recently affected by climate-related disasters, such as California. The average insurance payment…...

8+ mon, 3+ week ago  (665+ words) Insurance attorney Daniel Veroff says the explosive growth of California's Fair Access to Insurance Requirements plan is distorting the market and creating a serious risk the state's economic stability. The California Fair Access to Insurance Requirements Plan was never meant…...

10+ mon, 1+ day ago  (150+ words) Policyholders say Oxford Risk Management deceived them in a bid to avoid a downgrade to its credit rating. The coverage policies, worth more than $1 billion, were insured through captive insurance, a nontraditional structure in which policyholders essentially form their own…...