Impacts How are people supposed to rebuild Paradise, California, when nobody can afford home insurance? Efforts to rebuild a California town nearly wiped out by wildfire five years ago are being stymied by high home insurance costs.
Impacts The hypocrisy at the heart of the insurance industry Sometimes, a town doesn’t have to be underwater to become uninhabitable. All it has to do is be uninsurable.
Politics California proposes big insurance changes as it faces climate risks The actions of the nation’s biggest state could have implications for U.S. consumers, as more carriers leave disaster-prone states.
Top Story Farmers Insurance is leaving Florida in latest blow to homeowners The decision was “necessary to effectively manage risk exposure,” the company said.
Top Story Fla. and La. must borrow millions to pay insurance claims The Gulf Coast insurance crisis has hit a new low as two state-chartered insurance associations are being forced to borrow hundreds of millions of dollars for the first time in three decades to pay the hurricane claims of insolvent insurers.
Impacts Affordable housing is climate adaptation The old way of insuring against fires isn’t working anymore.
Impacts www.nytimes.com David G. Victor, Sadie Frank, Eric Gesick: We’re not ready for the next big climate disasters Any infrastructure bill should include money to protect communities from flooding, storms, drought and wildfires.
