Does an auto policy's comprehensive coverage respond to acid rain damage? Is asbestos damage to a swimming pool due to construction at a neighbor's house covered? This and more in the latest Q&A.
Insurers have incurred almost $5 billion in wildfire losses during the past 10 years. Wildfires blamed in part on climate change are consuming timber in the U.S. West at such a furious pace that half the Forest Services budget is now spent fighting them.
Insurance industry trade groups Tuesday urged Congress to promptly pass legislation designed to partly roll back federal authority to oversee or monitor insurance companies enacted as part of the Dodd-Frank financial reform act.