The American Property Casualty Insurance Association said it insurers will following the law where it concerns Washington Insurance Commissioner Mike Kreidler’s emergency regulation banning the use of credit-based insurance scores. Kreidler issued a reminder earlier this week that insurance companies …
Property owners on the Big Island who were affected by the 2018 Kilauea volcanic eruption can apply to have Hawaii County buy back their land starting next week. Hawaii County said the first phase of its Kilauea Disaster Recovery Voluntary …
Now is the time for Californians to prepare homes and communities for the coming wildfire season, the StrongerCA Coalition is warning. Last year saw a record-breaking wildfire season, with five of the 10 largest wildfires in California. The group is …
Wright National Flood Insurance Services LLC and Zurich Insurance are now offering Zurich’s Residential Private Flood Insurance in California. The stand-alone product has previously been launched in Florida, New Jersey, South Carolina and Virginia, with anticipated plans to expand to …
California will authorize $536 million for wildfire mitigation and forest management projects before the worst of the fire season strikes later this year, Gov. Gavin Newsom and legislative leaders said. That more than doubles $200 million in recent annual spending, …
Three homes were destroyed in heavy rains and flooding last week, the Honolulu Department of Emergency reported. The department collected data that showed a total of 82 homes in the state were impacted by the severe weather, Hawaii News Now …
Dozens of residents who are suing the city of Reno over the flooding of their homes in 2017 are moving to federal court in a complex case that could cost taxpayers millions of dollars. The move comes as the city’s …
TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The company plans to use the money to expand nationally. TypTap said it has obtained regulatory …
California Insurance Commissioner Ricardo Lara has proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores. The new rules would require insurance companies to provide a consumer with their property’s wildfire risk score, which …
U.S. property insurers are bracing for claims for damage from collapsing roofs, bursting pipes and lost business as Texas takes stock of its losses from a winter storm that has crippled its electrical grid. Insurers’ losses could stretch into billions …
