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Trump Says He’ll Probe Banks Over Response to LA Wildfires

President Donald Trump said he would look into the actions of banks in their response...

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Trump Says He’ll Probe Banks Over Response to LA Wildfires

President Donald Trump said he would look into the actions of banks in their response...

As Planet Warms, IBHS Tests Homes to Find Best Protection From Wildfires

RICHBURG, S.C. (AP) — It took less than three minutes for wind-whipped flames to go...

California Insurance Commissioner Race Has Diverse Field, With ‘Insurance Crisis’ at Center of Platforms

The race for the California Insurance Commissioner post has drawn 11 candidates covering several parties,...

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Bamboo Insurance Launches Condo Owner Offering for Californians

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Bamboo Insurance launched a new condominium unit‑owners (HO‑6) insurance policy in California. The product is designed...

Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire

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A new report from the Government Accountability Office finds that average premium increases between risk...

House Explosion in Illinois Kills Three People

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An explosion at a Troy, Illinois, house and ensuing fire killed three people. The cause is...

San Francisco House Prices Hit Record $2.15 Million on AI Boom

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San Francisco’s median house price jumped to a record $2.15 million in March, up 18%...

California Wildfire Almost Fully Contained as Evacuation Orders Lifted

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A Southern California wildfire that prompted evacuation orders is now nearly fully contained, according to...

California’s Surplus Lines HO Market’s New Phase Driven by Access, Not Wildfire Risk

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It’s been more than two years since I wrote an analysis based on Surplus Line...

NAIC Issues Nationwide Data Call to Homeowners Insurers

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The National Association of Insurance Commissioners has issued a nationwide data call to insurers in order to get a better understand of the...

LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk

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Los Angeles’ water and power utility is tapping the municipal bond market with its first...

Rebuilding LA to Wildfire Safety Standards Could Lower Future Fire Losses

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A new analysis from the California Department of Insurance and the National Association of Insurance...

Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne

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Coastal-focused homeowners and flood insurance broker ShoreOne Insurance Managers, Inc. has been acquired by Totalis...

Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance

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Insurance industry trade associations are applauding a decision to change the homeowners insurance required by...

Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?

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The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called...
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