Category: Homeowners insurance
Toxic smoke damage in LA homes deepens insurance nightmare
The state’s insurer of last resort is facing an investigation by the California Department of Insurance as well as lawsuits from policyholders.
Homeowners battle insurers over $2.9T climate risk
Because of its soil and its status as the world’s fastest-warming continent, Europe is particularly exposed. The European Central Bank estimates the region’s potential damage from sinking land at more than €2.5 trillion ($2.9 billion) across all euro-area financial institutions.
How to protect your rooftop solar panels from hail damage
As the U.S. heads into peak hailstorm season, homeowners that have installed solar power face the prospect of chunks of ice damaging their panels.
EV charging fires are rare but insurers can’t ignore the risk
As EV adoption increases and residential charging becomes the norm, fire risk has emerged as a meaningful coverage concern.
LA wildfire losses underscore urgency for insurance changes
Insurers had already doled out more than $12 billion to pay for wildfire damages as of early March, according to California state officials.
California’s snowpack data likely signals another fire-prone summer
California is emerging from its wettest time of the year with new fire and drought risks.
California’s snowpack data likely signals another fire-prone summer
California is emerging from its wettest time of the year with new fire and drought risks.
Homeowners’ insurance claims experience strained: J.D. Power
Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power.
Homeowners’ insurance claims experience strained: J.D. Power
Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power.
20 insurers with the largest homeowners market share
The top five insurance companies have an average homeowners market share of 9.15% as of December 31, 2024.
