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How Does Flood Insurance Work? A Complete Guide

Floods are the most common and most costly natural disaster in the United States, and your homeowners insurance does not cover them. That gap...

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How Does Flood Insurance Work? A Complete Guide

Floods are the most common and most costly natural disaster in the United States, and your homeowners insurance does not cover them. That gap...

Risky Future AI Tools for Homeowners Data ‘Demo Day’ on May 13

Insurance Journal’s Risky Future series is hosting the “AI Tools for Homeowners Data” Demo Day,...

California Governor Seeks Extension of FEMA Funding for LA Wildfire Victims

California Gov. Gavin Newsom is asking the federal government extend disaster assistance programs for thousands...

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Bamboo Insurance Launches Condo Owner Offering for Californians

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

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

House Explosion in Illinois Kills Three People

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

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

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

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

NAIC Issues Nationwide Data Call to Homeowners Insurers

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

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

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

Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne

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

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?

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