homeowners insurance News

Homes Destroyed, Power Outages in Texas Storm

Heavy thunderstorms produced hail and possible tornadoes in northeast Texas on Sunday night, with the communities of DeKalb and Winnsboro hardest hit, according to the Insurance Council of Texas. In DeKalb, a possible tornado struck the city’s south side causing …

Insurers Increasing Payments to California Wildfire Victims Sans Itemization

California Insurance Commissioner Dave Jones on Thursday released the results of the formal notice he issued last month to all residential property insurers requesting they provide up to 100 percent of contents coverage limits for fire survivors who experienced a …

Washington Town on High Alert over Slow-Moving Landslide

A slow-moving landslide in central Washington state has forced evacuations as officials prepare for what they say is inevitable – the collapse of a ridge near an interstate highway. Washington is wary of landslides following one in 2014 that killed …

California Mudslides: Residents Commit to Rebuilding

At the end of a heartbreaking week that saw deadly mudslides kill at least 20, residents of Montecito gathered to grieve, pay tribute to victims and commit to rebuilding their cherished community on the Southern California coast. Mourners lit prayer …

Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States

California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new states. Hippo offers homeowners insurance through an online platform, as well as protection for possessions like appliances, consumer electronics and …

California Commissioner Issues Report on Fire Insurance Availability Issues

California Insurance Commissioner Dave Jones today released a report on the growing problem of homeowners fire insurance availability and affordability in many areas throughout the state. The report recommends changes in law that Jones believes the legislature should enact to …

Calm Winds Aid Firefighters in Making Progress on California Fire

Crews are using a break in winds to do a controlled burn to remove dry brush and build containment lines around Southern California’s Thomas Fire. Fire spokesman Capt. Rick Crawford said Tuesday that officials will remove fuels on the fire’s …

Verisk: 96% of the Area in California Fire at High or Extreme Wildfire Risk

Most of the area within the massive Thomas fire in Southern California is at high or extreme wildfire risk, according to a Verisk report on Wednesday. The fire encompasses more than 230,500 acres, and while containment on the wildfires in …

UK Supermarkets Analyze Customers’ Shopping Habits to Price Insurance Products

Ever wondered what your shopping habits say about your driving? Britain’s big supermarkets have. The two biggest, Tesco and Sainsbury’s, are offering discounts on financial products such as car insurance based on the predictability of people’s shopping, a step beyond …

FBI Keeping an Eye on Fraud in Northern California Fire Recovery

The FBI is joining efforts to prevent fraud related to Northern California wildfire recovery efforts. Nearly two dozen blazes ripped through the region in mid-October, destroying 8,800 structures and 245,000 acres of land. The FBI announced Wednesday it’s created a …