homeowners insurance News

California Wildfires Burning Amid High Risk of Large Blazes

Dry vegetation fueled three wildfires near Los Angeles amid warnings Friday that the risk of new blazes erupting was high as temperatures spike and humidity levels drop during a statewide heat wave. A huge forest fire that prompted evacuations north …

Crews Continue to Battle Massive California Fire, Evacuations Ordered

Crews struggled to reign in a Southern California wildfire that exploded in size in a matter of hours north of Los Angeles, prompting evacuation orders for about 100 homes and other buildings as it tore through forest land. The fire …

California Bill Addressing Property Rates in Wildfire-Prone Areas Awaits Hearing

The stage has been set for a major battle over a California bill due to be heard in the next few weeks in a key committee that opponents say is a direct attack on insurance consumer protections and proponents say …

Homes Evacuated by Growing Wildfire in Western Colorado

Several residents near a western Colorado wildfire were ordered to evacuate as the blaze continues to expand. The fire about 18 miles north of Grand Junction was started more than a week ago by lightning in remote and rough terrain …

Forest Service Orders Colorado Train to Halt Wildfire Mitigation

The U.S. Forest Service shut down an extensive fire mitigation project after raising concerns about the number of trees being cut down and sold to a logging company in southwestern Colorado. The Durango & Silverton Narrow Gauge Railroad completed eight …

Wildfire Burns 20 Homes in Southern California Desert Town

A wind-driven wildfire destroyed homes and forced evacuations as it tore through a rural Southern California desert town near the Salton Sea, authorities said. The fire erupted Sunday evening in Niland, a small and poor agricultural community about 100 miles …

Upmarket Homeowners Insurance Platform Openly Raises $15 Million

Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series A investment. The round was led by Obvious Ventures, with participation from existing investors including Gradient Ventures (Google’s AI-focused Venture …

Backers of Controversial California Homeowners Insurance Bill Like Its Momentum, Timing

Backers of a controversial bill in California, which they say is designed to increase insurance coverage in high-risk wildfire areas by amending Proposition 103, believe it has the right timing and plenty of momentum to go all the way. The …

Updated Residential Earthquake Damage Guidelines for California Released

The California Earthquake Authority today released updated guidelines for identifying, evaluating and repairing residential earthquake damage were The guidelines were updated at CEA’s annual claim manager meeting. Experts from CEA and the Applied Technology Council presented the new CEA-ATC publication …

Homes Burned, Evacuations Ordered in California Wildfire

A grass fire burning northeast of San Francisco destroyed or damaged about a dozen homes Wednesday and prompted evacuations of several streets, fire officials said. The fire erupted at around 3:30 p.m. near a wildlife center in Suisun City, near …