California investigators have concluded that PG&E Corp. power lines sparked a wildfire in the Sierra Nevada foothills last summer, which grew to become the state’s second-largest in history. Cal Fire officials said in a statement late Tuesday that the fire started when a tree came into contact with the company’s electrical distribution lines in the… Continue reading PG&E Responsible for Dixie Fire, California Finds
Tag: home insurance
Nearly 1,000 Structures Destroyed in Colorado Fire
After a wildfire charred numerous neighborhoods in a suburban area at the base of the Rocky Mountains, a Colorado official says nearly 1,000 homes and other structures were destroyed, hundreds more were damaged, and three people are missing. Boulder County Sheriff Joe Pelle also stated on Saturday that investigators are still looking for the cause… Continue reading Nearly 1,000 Structures Destroyed in Colorado Fire
Homes in November Sold at Fastest Pace in 10 Months
Home sales in the United States increased in November, owing to low mortgage interest rates and a strong labor market. The National Association of Realtors reported Wednesday that existing-home sales increased 1.9 percent from the previous month to a seasonally adjusted annual rate of 6.46 million, the highest rate since January. November sales were down… Continue reading Homes in November Sold at Fastest Pace in 10 Months
Home Sales Set to Hit the Highest Pace Since 2006
Home sales in the United States increased in October, as buyers continued to compete for a limited number of available properties. The National Association of Realtors reported Monday that existing-home sales increased 0.8 percent from the previous month to a seasonally adjusted annual rate of 6.34 million, the highest rate since January. Sales fell 5.8… Continue reading Home Sales Set to Hit the Highest Pace Since 2006
What Can Clients Do About the Rising Cost of Home Insurance
The cost of insuring a home is on the rise, forcing Americans to make tough decisions about whether to cut back on coverage or make big changes to save their wallets. The nationwide average annual premium for homeowners insurance is $1,398 today, as estimated by trade group Insurance Information Institute. The group says that from… Continue reading What Can Clients Do About the Rising Cost of Home Insurance
Millennials Team Up to Fulfill the Dream of Homeownership
Six months into the pandemic, Veronica Vest was having a serious home-buying urge. Ms. Vest, a 27-year-old project engineer, was tired of having to share a building with others, sick of paying rent and building no home equity—and dreaming of stretching her legs in her very own backyard. She and her boyfriend made an appointment… Continue reading Millennials Team Up to Fulfill the Dream of Homeownership
PG&E Faces Criminal Charges Over Fatal 2020 Wildfire in California
Prosecutors in Northern California filed criminal charges against Pacific Gas & Electric on Friday in connection with the deaths of four people last year in a wildfire that was linked to the utility’s equipment. The Shasta County district attorney brought the charges — including manslaughter, along with other felonies and misdemeanors — in connection with… Continue reading PG&E Faces Criminal Charges Over Fatal 2020 Wildfire in California
AAU Announces Hire of Dettmann in Chicago, IL
AAU, a division of USG Insurance Services, Inc., is pleased to announce the hire of Mason Dettmann as Producer/Broker: Personal Lines in Chicago, IL. Dettmann brings five years of industry experience to the AAU team, most recently with Marketscout Corporation in St. Charles, IL. As Producer/Broker for the Personal Lines Division at AAU, Mason will… Continue reading AAU Announces Hire of Dettmann in Chicago, IL
Home Insurance Provider Orion180 Launches in Tennessee, Expanding Its Presence in the Southeast
Orion180, a rapidly growing homeowners insurance provider leveraging advanced technology to serve independent insurance agents in the Southeastern U.S., today announced its expansion into the Tennessee market. Now, insurance agents and homeowners in Tennessee can access the provider’s simplified coverage, which enables real time quoting, binding, and issue functions in a matter of minutes. Headquartered… Continue reading Home Insurance Provider Orion180 Launches in Tennessee, Expanding Its Presence in the Southeast
Insurify, a ‘Virtual Insurance Agent,’ Raises $100M Series B
Today, Insurify, a startup that wants to help make it easier for people to get better rates on home, auto and life insurance, announced that it has closed $100 million in an “oversubscribed” Series B funding round led by Motive Partners. Existing backers Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures and Moneta VC also put… Continue reading Insurify, a ‘Virtual Insurance Agent,’ Raises $100M Series B