homeowners insurance News

U.S. Insurance Regulator Hosting Another Climate Summit

A report from the Mortgage Bankers Association says there’s little doubt that climate change will impact housing and the housing finance industry, and while just how great that impact will be is as of yet unknown, the authors take a …

In Changing Housing Market, Home Insurers Struggle with Customer Loyalty: Study

Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, a new study by J.D. Power, 2021 U.S. Home Insurance, reveals. About …

California Issues 1-Year Moratorium on Homeowner Insurance Cancellations And Non-Renewals

California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to preserve residential insurance coverage for more than 325,000 policyholders who have been affected by Northern California wildfires across 22 counties. Lara in early September issued similar orders following emergency …

PG&E: Power Shutoff Protocol May Avert Dixie-Like Fires in California

PG&E Corp. told a judge it has put into place new safety measures that would have resulted in power being cut to a utility line suspected of sparking the second-largest wildfire in California history. The California utility giant said it …

Aluminum Wrap Being Used to Protect Homes from California Wildfires

Martin Diky said he panicked as a huge wildfire started racing down a slope toward his wooden house near Lake Tahoe. The contractor had enough time to do some quick research and decided to wrap his mountain home with an …

‘The Risk is Here in Coming Weeks’ for Southern California, Says Fire Weather Expert

Several massive blazes have plagued Northern California this year, and now it could be Southern California’s turn. The Dixie and Caldor fires continue to do damage in Northern California, putting the state at more than 2.2 million acres burned this …

Officials Say Wildfire Near Lake Tahoe Largely Kept from Towns

The huge wildfire near the Lake Tahoe resort region was about half contained as of Tuesday night, with the head of California’s firefighting agency saying crews largely have been able to keep flames away from populated areas. “We’ve been able …

Lake Tahoe Residents Glad Homes Spared from Massive Wildfire

Connor Jones sunbathed with his dog on the otherwise empty beach at Ski Run Marina on Monday, as residents trickling back into town filled up their cars at a gas station behind him and employees of a water sports rental …

Homes, Outbuildings Burned in Minnesota Blaze

Dozens of homes, cabins and outbuildings have been destroyed or damaged in northeastern Minnesota as the state’s largest wildfire continues burning uncontained, according to Superior National Forest officials. Authorities say 12 homes or cabins and 57 outbuildings have been lost …

California Wildfire Threatens Lake Tahoe Area

Some 14,000 firefighters facing changing weather conditions battled more than a dozen large wildfires across California, including a growing blaze that was slowly pushing toward the Lake Tahoe resort region. Winds and temperatures were expected to pick up in coming …