June 20, 2024
Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a survey out this week from Trusted Choice, a group representing the members of the Independent Insurance Agents & Brokers of …
June 19, 2024
Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from 2022.. The number of lightning-caused U.S. homeowners insurance claims increased by 13.8% over 2022, with numbers from the top 19 …
June 18, 2024
Residents of a New Mexico town were ordered to flee their homes on Monday due to a fast-moving wildfire. The town of Ruidoso, with roughly 7,000 residents, was ordered to immediately evacuate from the South Fork and Salt fires. “An …
June 18, 2024
A fire at country music star Carrie Underwood’s Nashville-area home was limited to the garage, thanks in part to a 10,000-gallon water tank on the property. USA Today and local news outlets reported that an all-terrain vehicle sparked a fire …
June 6, 2024
Blue Cleaning, a small business in West Maui that spruces up 27 vacation rentals, survived the sharp decline in tourists during the Covid-19 pandemic and after the devastating Aug. 8 wildfire in Lahaina. But now Leo Szakacs-Kekona, who owns and …
June 6, 2024
Pacific Power, part of PacifiCorp, said Monday it has agreed to a $178 million settlement with over 400 Oregon plaintiffs in the latest multimillion-dollar payout related to the deadly 2020 wildfires that ravaged the state. In other cases that have …
June 4, 2024
Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the proposal, PacifiCorp would only have been responsible for paying out actual economic damages in lawsuit awards. The company submitted the …
May 31, 2024
RODANTHE, N.C. (AP) โ Another house has collapsed into the Atlantic Ocean along North Carolina’s coast, the sixth to fall along the Cape Hatteras National Seashore’s beaches in the past four years, according to U.S. National Park Service officials. About …
May 31, 2024
Following its announcement several months ago to leave the homeowners insurance business in nine states including California and Louisiana, American National appears to be exiting the line in all states. According to a letter sent to employees and other stakeholders …
May 30, 2024
Insurance will be required tell policyholders why their premiums have gone up staring June 1. A new rule by Washington state Insurance Commissioner Mike Kreidler first requires insurers to provide an answer on why premiums have gone up, and in …