As Caldor Fire Spreads, Lake Tahoe Area Is on High Alert

Natural disasters and homeowners insurance

Firefighters expressed hope Tuesday that the Caldor Fire may narrowly miss burning the town of South Lake Tahoe after edging close to it this week. The fire had burned 191,607 acres and was 16% contained as of Tuesday, according to the California Department of Forestry and Fire Protection, or Cal Fire. Evacuation orders have cleared… Continue reading As Caldor Fire Spreads, Lake Tahoe Area Is on High Alert

Many CA Homeowners Forced to Turn to Nonstandard Insurers in the Wake of Wildfires

Ca property insurance reforms

Californians who want to insure their homes against the next wildfire are paying a price for two years of record-breaking blazes. Home-insurance companies in the Golden State are canceling some policies, refusing to sell new ones in certain areas and applying for rate increases as they look to reduce wildfire risk. “It’s getting harder and… Continue reading Many CA Homeowners Forced to Turn to Nonstandard Insurers in the Wake of Wildfires