property insurance News

California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns

The California Supreme Court has resolved a question about insurance coverage for COVID-19 business shutdowns in the issue of a virus exclusion in a ruling that is consistent with the vast majority of courts nationwide: the presence of the virus …

NC Commissioner Rejects Proposed 83% Mobile Home-Fire Rate Increase

North Carolina Insurance Commissioner Mike Causey has scheduled a 2025 hearing date after rejecting the NC Rate Bureau’s request for an 83% average rate increase in mobile home fire policies and a 50% increase in mobile home casualty rates over …

32.7M Homes at Risk of Hurricane Damage, CoreLogic Report Shows

More than 32.7 million residential properties from Texas to Maine are at risk of moderate or severe damage sustained from hurricane-force winds, a new report shows. The large number of at-risk homes in CoreLogic’s 2024 Hurricane Risk Report, which comes …

Kentucky, Alabama Towns Dealing with Tornado Damage, Florida Feeling Record Heat

The latest community left with shattered homes and no power was the tiny Kentucky town of Charleston, which took a direct hit Sunday night from a tornado that the governor said appeared to be on the ground for 40 miles …

Arizona Wildfire Growing Amid Windy Conditions

A wildfire has led the U.S. Forest Service to shut down a portion of the Tonto National Forest has grown to more than 14,000 acres. The Wildcat Fire increased in size because of windy weather conditions Sunday, prompting the Tonto …

Landslide Forces Closure of Iconic California Chapel

A decades-old landslide that’s rapidly accelerating has forced the dismantling of Wayfarers Chapel, an iconic Southern California church that was designed by one of famed architect Frank Lloyd Wright’s sons and built among soaring redwoods and sweeping Pacific Ocean views. …

Greater Chance of Major Hurricane on East Coast This Year, Less in Gulf, Scientist Says

Multiple computer models from forecasting organizations across the globe have predicted a very active hurricane season starting next month, spelling trouble for Florida and much of the Eastern United States. The models aren’t wrong, said Phil Klotzbach, a senior research …

It’s a Matter of When, Not if, a Hurricane Will Hit Florida, Forecasters Say

SANFORD, Fla. (AP) — With the start of hurricane season less than a month away, U.S. officials who predict, prepare for and respond to natural disasters had a message for Floridians on Friday: It’s not a matter of if a …

St. Pete Looking at Downtown Transformation with Housing and New Rays Stadium

ST. PETERSBURG, Fla. (AP) — The future of the Tampa Bay Rays is about to come into clearer focus as local officials begin public discussions over a planned $1.3 billion ballpark that would be the anchor of a much larger …

Tornadoes in Tennessee, North Carolina Kill Three, Damage Properties

High winds, hail, heavy rain and tornadoes battered Southern states from Alabama to North Carolina Wednesday and Thursday morning, leaving three people dead and hundreds of properties with heavy damage. USA Today, CNN and other news outlets reported that the …