homeowners insurance News

NOAA Says Highly Active Hurricane Season Likely to Continue in The Atlantic

The National Oceanic and Atmospheric Administration, which has already forecast an extremely active hurricane season, is now saying it could rank among the busiest on record. In a mid-season hurricane outlook update, NOAA’s Climate Prediction Center forecasters updated the number …

Redfin: More People Are Moving in Than out of Fire- and Flood-Prone U.S. Counties

More people are moving in than out of parts of the U.S. where wildfires, flooding and extreme heat are more common, a new report from Redfin shows. The nation’s high-fire-risk areas saw 63,365 more people move in than out last …

California Commissioner Orders Insurance Cancelation Moratorium for 185K Residents

California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurance companies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, Borel and Gold Complex fires. The moratorium shields those living within the perimeters or …

Court Rules Florida Insurer Can’t Object to Appraiser After the Award Is Decided

If a property insurer is going to object to an appraisal panel member’s fee arrangement, it must do so early in the process – not after the panel provides an unfavorable, multimillion-dollar appraisal award. That was the word this week …

Removing U.S. Subsidies Curbed Building in Climate Risk Zones, Study Finds

The U.S. Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made ineligible for the kind of federal …

Weather Service: Extreme Flood Risk Increasing in Next Few Days from Debby

An extreme risk to lives and property from widespread flooding is expanding across the Southeast this week before Debby makes a second landfall in the Carolinas and then quickly shifts to the Northeast, according to AccuWeather. The weather services is …

Medical Worker Wants Home Insurance to Cover Her Against Patients’ Data Claims

A Connecticut clinical social worker believes her homeowners insurer should defend and indemnify her against claims she violated patients’ privacy by accessing and sharing their private medical information. She says the lawsuit against her triggers her homeowners coverage because the …

Hurricane Debby Threatens to Flood U.S. East After Hitting Florida

Hurricane Debby threatens to unleash days of heavy rain and flooding on the US East Coast after slamming into Florida near Tallahassee, knocking out power to thousands. As much as 12 inches (30 centimeters) will fall across a wide area …

Hawaiian Electric Settles Fire Claims as Part of $4 Billion Deal

Hawaiian Electric Industries Inc. has agreed to pay almost $2 billion as part of a $4 billion settlement to resolve hundreds of lawsuits over wildfires in Maui that killed dozens of people and destroyed the historic town of Lahaina last …

California Wildfire Now State’s Fourth Largest on Record, 540 Structures Destroyed

Firefighters have increased containment on the Park Fire near Chico, California, which at 621-square-miles as of Friday is now the fourth largest wildfire in history. The fire, which covers parts of four counties—Butte, Plumas, Shasta and Tehama—has a massive amount …