California Exit: AIG and Chubb Look to Leave Regulated Insurance Market
Following years of non-renewals by midrange insurers in California, AIG and Chubb are starting to cut coverage for multimillion-dollar homes.
Following years of non-renewals by midrange insurers in California, AIG and Chubb are starting to cut coverage for multimillion-dollar homes.
There are many ways to clean indoor air of dangerous wildfire smoke particles. Some are expensive, but cheaper alternatives exist.
Millions of California homeowners are now at the mercy of the insurance market after a moratorium guaranteeing insurance expired.
With ferocious wildfires again sweeping across Western states, officials are looking to the Southeast for possible answers.
With flames charring the California landscape, officials in Southern California are urging residents to be prepared.
The sights of flames consuming entire communities are driving innovation to fight wildfires with technology.
California’s moratorium on insurance companies dropping coverage for homeowners in wildfire-prone areas could force more than 2 million residents to find new coverage.
Parts of California and the West are already in drought conditions, as the hope for spring rain fades, which could lead to another severe fire season.
A partnership among California state agencies will create new hardening standards for older homes in order to help them lower wildfire risk and maintain insurance coverage.
Many California homeowners are choosing to cut their losses and start new, rather than rebuild after wildfires.
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