Current Articles
Express view on California fires: Failure to extinguish
Jan 16, 2025 07:13 IST First published on: Jan 16, 2025 at 07:13 IST The raging forest fires in Southern California are a moment of reckoning, not just for people of that area or the US but for policymakers across the world. An exceptional mix of environmental conditions — an extremely dry winter and near...
State Farm will offer policy renewals to LA homeowners affected by wildfires
LOS ANGELES - State Farm, one of the largest insurers in California, announced Wednesday it will offer policy renewals to homeowners impacted by the wildfires that erupted in the Los Angeles area last week, following previous plans to drop coverage. "We have paused the notification process on homeowner non-renewals in the areas affected by the...
Hawaii lawmakers vow to stabilize property insurance market as climate change fuels higher premiums
HONOLULU (AP) — Hawaii lawmakers began a new legislative session Wednesday with a vow to try to stabilize the state's property insurance market as hurricanes, wildfires and other climate change-influenced disasters at home and elsewhere prompt insurance carriers to raise rates. Hurricanes in Florida and North Carolina and wildfires in California affect the insurance business...