February 3, 2022
Assemblyman Marc Levine, D-Marin County, on Thursday introduced legislation designed to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas prone to wildfires. Assembly Bill 1755 would require an insurance provider licensed …
February 3, 2022
Allstate Corp. said fourth quarter 2021 net income plummeted 50% compared to results of the prior year quarter as auto claim frequency and severity increased. Adjusted net income for Q4 was $796 million compared to about $1.6 billion during the …
February 3, 2022
Colorado lawmakers passed a bill to increase wildfire mitigation efforts, just a month since a devastating fire tore through suburbs north of Denver, destroying more than 1,000 homes and businesses and killing at least one person. The bill heard Tuesday …
February 1, 2022
Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto, homeowner and renter insurance for three years. Kreidler’s rule temporarily banning credit scoring will be in effect starting March 4 through three …
January 27, 2022
Evacuation orders were lifted Wednesday as firefighters strengthened control lines and mopped up hot spots at a wildfire along California’s Big Sur coast, authorities said. Fire activity was minimal overnight, with higher humidity and light winds, Cal Fire said in …
January 25, 2022
Shifting winds and increased humidity helped firefighters make progress against a blaze burning in rugged mountains near California’s Big Sur coast, authorities said. The Colorado Fire was 45% contained on Tuesday, according to the California Department of Forestry and Fire …
January 24, 2022
Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced the closure of the main roadway near Big Sur. One structure, a yurt, was destroyed by the blaze that broke …
January 21, 2022
As a fast-moving wildfire spread in suburban Denver, an emergency responder warned Edna Nadine Turnbull to evacuate. But the 91-year-old went back inside her home to rescue her dogs. Turnbull and her pets were never seen again. Authorities said Wednesday …
January 20, 2022
In the category of you can’t make this stuff up, a December article on Insurance Journal caught my eye, especially when a coworker asked me if this could be covered by their homeowners’ insurance. If you haven’t read about the …
January 18, 2022
Homeowners of America, a property/casualty insurance provider and subsidiary of Porch Group Inc., launched service in Montana. With the addition of Montana, HOA now operates in 14 states. HOA launched its service in New Mexico earlier this month. Seattle, Washington-based …