Trump orders federal takeover of LA wildfire rebuilding efforts
Nearly 40,000 acres were burned in the Eaton and Palisades wildfires last January, killing at least 31 people and destroying 16,000 structures.
Why homeowners insurance rates could stabilize in 2026
Rates actually declined or remained flat over a two-year period in 15 states, including Florida, with natural disasters and tariffs affecting 2026’s movements.
U.S. homeowners expect extreme weather to damage their homes: Kin
U.S. homeowners are concerned about climate and insurance costs, according to Kin’s Homeownership Trends Report.
Insurance platform Ethos, backers seeking $211M in IPO
Insurance platform Ethos Technologies Inc. and some of its backers are seeking to raise about $211 million in an initial public offering.
LA Fire survivors got a rude surprise that could hit more Americans
Since the 1990s, American homes have been systematically underinsured in the event that they are completely destroyed.
Insured losses from wildfires, storms and floods hit record high
Insured losses for so-called non-peak perils — also sometimes referred to as secondary perils — reached a record $98 billion last year, Munich Re said in a report released on Tuesday.
Insurance costs ‘seriously’ influencing many home purchases
The impact of extreme weather remains top of mind for many, with a majority of homeowners citing it as a factor behind purchase or relocation considerations.
US lawmakers launch probe into insurance rating firm in Florida
Three U.S. senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing taxpayers to growing risks tied to climate-driven insurer failures.
People dropped federal flood Insurance when rates rose
A paper published Tuesday in the Journal of Catastrophe Risk and Resilience estimates that Risk Rating 2.0, FEMA’s 2021 update, resulted in up to 13% of those facing the highest premium increases dropping their policies.
Active monitoring necessary for connected devices
As more insurers tie credits to connected technologies, monitoring will become a basic expectation rather than an added feature.
