U.S. homeowners’ insurance is in position to improve in 2024, according Fitch Ratings. The rating agency said premium revenue growth, tied to recent substantial price increases and more diligent underwriting to manage risk concentrations and aggregations, points to improvement in …
When does a hallucinogenic drug become the direct cause of a catastrophic injury, triggering a homeowners’ policy exclusion? Not when a young man falls out of bed and is later moved by his comrades, potentially worsening a spinal injury, a …
The Missouri Department of Commerce and Insurance (DCI) issued an Earthquake Survey in December 2023 that shows a lack of understanding about risk and insurance coverage is a problem, while the cost and lack of available earthquake insurance coverage in …
A man whose family’s gender reveal photo shoot sparked a Southern California wildfire that killed a firefighter in 2020 has pleaded guilty to involuntary manslaughter, prosecutors said. The El Dorado Fire erupted on Sept. 5, 2020, when Refugio Jimenez Jr. …
A woman and five children have died in a fire at a home in a small northwest Alaska village, Alaska State Troopers said. The remains of the six have been recovered from the home in Noorvik, an Inupiat community of …
The last of the 100 known victims of the wildfire that destroyed Maui’s historic town of Lahaina in August was identified as a 70-year-old woman whose husband, sister and several other relatives also died in the fire. Maui police said …
The Hartford confirmed this week it will discontinue writing new homeowners policies in California. The carrier reportedly has less than 1% of the state’s homeowners market. The Hartford issued the following statement following a request for comment for this article: …
The odds are rising that California and the West will be struck by a plume of moisture known as an atmospheric river from Jan. 30 to Feb. 3, the US Climate Prediction Center said in a social media post. The …
The day after the deadliest U.S. wildfire in a century destroyed a seaside community on Maui, the barrage of 911 calls didn’t stop: Reports of missing people, stranded family members and confused tourists trapped without food or water lit up …
Georgia was, by far, the state with the most frozen pipe and water damage claims, State Farm Insurance reported as much of the country faces the first deep freeze for winter 2024. The insurer said in an article on its …
