California Homeowners: Insured No More Amid Fire Danger
Zero Hedge - 2024-04-28T13:55:00.000Z

California Homeowners: Insured No More Amid Fire Danger America's largest and, for some owners, only option for a home insurer is pulling back its operations in the state of California, leaving many with no more options to secure their property's value amid wildfire danger in the state reaching new heights. As Statista's Katharina Buchholz reports, after saying in May of last year that it wasn't giving out any new California contracts, news broke in March that 72,000 State Farm...

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TFD declares ‘no danger’ from fires west of Topeka
TOPEKA (KSNT) — A local fire department is updating the public on grass fires west of Topeka. The Topeka Fire Department (TFD) posted on social media that grass fires west of Topeka are creating smoke that is spreading across the city, but there is no danger to the public. TFD is working closely with partners []
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California exodus of home insurance companies continues
Two more insurers are pulling out of California's troubled homeowners insurance market, straining a marketplace that already has seen the pullback of several other companies that have cited increase costs related to wildfire risks. Tokio Marine America Insurance Co. and Trans Pacific Insurance Co. submitted filings to the California Department of Insurance stating they will not renew 12,556 homeowners policies with a premium value of $11.3 million starting July 1. Also not being renewed are...
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- 2024-04-19T21:06:54.491Z

In related news

Extended rain helps with fire, drought dangers

TFD declares ‘no danger’ from fires west of Topeka

California exodus of home insurance companies continues