Tag: wildfires

Wells Fargo Boosts $5M Grants for LA Wildfire Recovery Aid

Wells Fargo increases wildfire relief grants to $5M supporting Los Angeles homeowners and small businesses. Grants fund modular housing, financial coaching, and SBA loan assistance for wildfire recovery.

Innovative Strategies to Address Wildfire Insurance Challenges in High-Risk U.S. Areas

Explore five innovative insurance strategies addressing wildfire risk for U.S. homeowners, including parametric models, community insurance, FAIR plans, and regulatory reforms to stabilize markets.

California Home Insurance Costs Shift as Climate Risk Models Gain Use

California's median home insurance remains moderate but reforms allowing climate risk models will likely increase premiums and affect coverage, especially in fire-prone areas.

California Insurance Commissioner’s Extensive Travel Raises Oversight Concerns Amid Wildfire Insurance Crisis

During California’s wildfire insurance crisis, the state insurance commissioner's extensive international travel sparked oversight concerns amid rising premiums and insurer withdrawals.

California Wildfire Insurance Crisis Escalates in Rural High-Risk Areas

California's rural high-fire-risk areas face escalating homeowners insurance challenges as insurers retreat amid growing wildfire risks. The state's FAIR Plan surges with last-resort coverage, while regulatory efforts aim to stabilize the market.

California Insurance Advisory Highlights Mudslide Risks After Wildfires

California Insurance Commissioner issues warning and guidance on insurance coverage risks for mudslides and debris flow following wildfires, highlighting regulatory context and consumer preparedness.

Insurance Market Dynamics and Claims Challenges Post-California Wildfires 2025

Explore how the 2025 California wildfires are reshaping insurance claims handling, market capacity, and emerging solutions like parametric insurance amid growing wildfire risks.

Managing Flood and Erosion Risks After Wildfires in Los Angeles County

Wildfires in Los Angeles County create burn scars that increase flood and erosion risks. Learn about insurance options, water safety, and emergency preparedness post-fire.

Colorado Lawmakers Revise Home Insurance Stabilization Plan

Colorado lawmakers alter plans to stabilize home insurance premiums by shifting costs to homeowners while seeking to mitigate insurer losses from wildfires.

Protecting Against Wildfire Fraud: Tips for Survivors

Learn about the different types of fraud targeting victims of California's wildfires and how to protect yourself.