From the Maui wildfires to Hurricane Idalia hitting Florida, extreme weather events have caused severe devastation to homes and businesses this summer. On Capitol Hill, consumer and affordable housing advocates sounded the the alarm Thursday on property insurance costs and availability during a Senate Banking, Housing and Urban Affairs Committee hearing. Douglas Heller, director of insurance at the Consumer Federation… Continue reading Senate Committee Hears Testimony on Property Insurance Issues
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Home Insurers Cut Natural Disasters from Policies As Climate Risks Grow
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US Steps Toward Forcing Recall of 52 Million Air Bag Inflators
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Verisk Estimates Industry Insured Losses from Hurricane Idalia to Range from $2.5 Billion to $4 Billion
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