California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change — and that limitation is a factor pushing US insurers out of the state. State Farm General Insurance Co. announced at …
Several reasons were given within State Farm’s announcement last week the carrier was no longer writing new personal or business property/casualty policies in California – including a challenging reinsurance market, increased risks and historic increases in construction costs outpacing inflation. …
Shirley Howard’s feet splashed into nearly a foot of water when she stepped out of bed on a summer morning last July amid a torrential rainfall. A devastating flood swallowing up Kentucky’s Appalachian region had reached her bedroom in the …
A Mississippi woman has pleaded guilty to conspiring to steal houses that were mortgaged by the U.S. Department of Agriculture, federal prosecutors said. Ella Martin, 69, of Jayess, pleaded guilty Thursday before U.S. District Judge David Bramlette in Natchez to …
As the winter’s record snowpack melts and cascades down from the Rockies, Utah lawmakers set aside millions of dollars to prepare for potentially historic flooding. The state is among the many in the American West confronting the wet winter’s consequences, …
NOTE: This is an excerpt from a longer article on IJ. Here’s the full article. When it comes to firearms and insurance, we can look at them in two ways. First, as items of personal property, in which case, in …
It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal story indicated respondents of a survey thought insurance could have a role in firearm safety. …
One person was killed and a curfew was imposed after a powerful tornado tore through a community near the southern tip of Texas before dawn Saturday, damaging dozens of residences and knocking down power lines, authorities said. At least 10 …
Two children died in a house fire, authorities in Clovis said. The blaze was first reported shortly after 9:30 a.m. last week, Clovis police spokesperson Capt. Robbie Telles said. Responding officers found flames coming from the bottom floor of the …
Three out of four Americans believe gun owners should be required to have firearm liability insurance, according to a recent survey. Those are the numbers out of a new ValuePenguin survey of 1,995 people ages 18 to 77 exploring attitudes …
