Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute...
Oregon lawmakers have voted to repeal the state’s contentious wildfire hazard map, which subjected homeowners in certain areas at high risk of wildfires to stricter building codes and requirements to...
A judge ruled that the California FAIR Plan’s smoke-damage policy violates state law, while in another matter a lawsuit from a consumer group is drawing concern from insurers that it...
Months after fire tore through Los Angeles’ Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and...
Auto and homeowners’ insurance have gotten a lot more expensive in recent years. Many people experienced premium increases of 10%, 20%, or more on their renewals. Inflation in materials and...
