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News
California coalition urges lawmakers to reject Newsom wildfire plan over insurance costs
3+ hour, 29+ min ago (400+ words) The dispute is unfolding as California's wildfire liability fund is close to running out. A California alliance that includes fire survivors and consumer advocates is pushing back on Gov. Gavin Newsom's wildfire recovery reform proposal, which it says puts survivors…...
California hit a health coverage milestone — now 2.2 million could lose insurance
1+ week, 5+ day ago (549+ words) "I knew it was going to be bad, but seeing that doubling was shocking to me." After years of Affordable Care Act and Medi-Cal expansion, California got close to universal health coverage, with about 95% of residents insured. Researchers now warn…...
Wildfire insurance denials jump 2,015% in Nevada, even in urban Las Vegas
1+ mon, 5+ day ago (516+ words) "We don't lose homes here in the urban Las Vegas area due to wildfires." Some Nevada homeowners are running into a problem that sounds more like a California crisis: Insurance companies are refusing to cover them for wildfire risk in…...
US insurers banked $68.7 billion in 2025 as policyholders fueled a record $1.27 trillion surplus
1+ mon, 3+ week ago (421+ words) "Instead, insurers charged higher premiums while paying less in claims." A new analysis is adding fuel to a debate many homeowners and drivers already know well: Insurance bills keep climbing, even as insurers report eye-popping gains. Public Citizen's latest review…...
These states now have the cheapest and most expensive home insurance as climate risks reshape the map
3+ mon, 3+ day ago (524+ words) The national average premium is now $2,424 per year for $300,000 in dwelling coverage. Home insurance premiums in the U.S. are becoming one of the clearest examples of how extreme weather events are increasingly shaping everyday costs. As Quartz summarized, a Bankrate analysis…...
Homeowners in Florida and Louisiana now face a $4,500 'hurricane tax"
3+ mon, 3+ day ago (327+ words) "This is an example of climate change showing up in household budgets." For homeowners in Florida and Louisiana, a "hurricane tax" is becoming a very real cost of climate change. The term describes the extra amount people pay each year…...
A growing share of America is becoming uninsurable as insurers redraw risk maps by ZIP code
3+ mon, 1+ week ago (399+ words) For most homeowners, insurance is not optional in any meaningful sense. More and more American homes are becoming "uninsurable" as extreme weather forces insurance companies to pull out of high-risk areas. A home becomes functionally uninsurable when insurers decide the…...
State Farm faces license suspension over alleged mishandling of LA wildfire claims
3+ mon, 2+ week ago (425+ words) "We are taking decisive action to hold them accountable." California is sending a major message to State Farm after accusing the insurance company of mishandling wildfire claims tied to the devastating January 2025 fires in Los Angeles County. The Los Angeles…...
Weather damage makes up 1 in 4 insurance claims in record $8.2B year
3+ mon, 3+ week ago (460+ words) "With over a quarter of total property claims relating to weather, the industry continues to feel the impact of climate change." As extreme weather events become longer and more intense, insurance professionals in the United Kingdom have said the shifting…...
Homeowners left in lurch as insurance companies make dramatic policy change: 'It does expose it and amplify it"
5+ mon, 3+ week ago (539+ words) "We have to ask, 'Who is not paying?'" A year after devastating wildfires tore through the Los Angeles, California, area, many survivors are still dealing with insurance policies that won't cover the full cost of rebuilding their homes. It's a…...