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Next-generation wildfire data and risk models allow insurers to pinpoint localized wildfire risk and identify mitigation strategies to lower the propensity for loss.
With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.
Each state has an insurance department, but what does it do?
In total, the company will not be renewing some 72,000 commercial and personal property policies in the state.
New SEC rules are designed to standardize climate-related disclosures about GHG emissions and weather-related risks by public companies and offerings.
The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.
The proposal is part of California Insurance Commissioner Ricardo Lara's goal to enact insurance reform during 2024.
A fire can close a facility for much longer than previously expected due to ongoing supply chain issues stemming from the pandemic.
The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.
The Ninth Circuit didn't rule on the merits of the claims, but rather upheld a district judge's decision.
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