Insurance
Auto Insurance Rates Spike Due to Extreme Weather
Car insurance costs around the country are going up as insurers receive more claims from areas struck by storms and other climate disasters.
Rising Insurance Rates Squeezing Affordable Housing Developers
Spiking insurance costs in coastal areas prone to climate disasters are making it harder for low-income housing developers to keep building.
Reining in Rising Property Insurance Rates
There are many proposed ways to mitigate the property insurance cost crisis. They all require action from federal or state governments.
Alabama Funds Roof Replacements to Stave off Insurance Crisis
The Fortified roof program is helping tens of thousands of homeowners make their homes more resilient against hurricane damage.
A Big Picture of the US Housing Market
A new report highlights the factors driving up housing costs around the country.
Soaring Property Insurance Rates Threaten Affordable Housing Development
Rapidly rising insurance premiums are forcing affordable housing developers to cut back on programming, lay off staff, and even sell. To add insult to injury, some insurers also seem to be adding penalties or withdrawing coverage for housing voucher holders.
New Jersey Senate Committee Passes E-Bike Insurance Bill
Lawmakers say the admittedly flawed bill will undergo changes before its final passage.
Opinion: New Jersey’s E-Bike Insurance Proposal Would Have Chilling Effect on Micromobility
A proposal to require insurance for low-speed electric bikes could hamper the adoption of non-auto modes, advocates argue.
Home Insurance Increasingly Unaffordable or Inaccessible
Homeowners in places at risk for wildfires and other disasters find it harder than ever to secure an affordable insurance policy as companies leave some states altogether.
Insurance Rates Rise Sharply for Affordable Housing
Increases of up to 104 percent in insurance rates are squeezing nonprofit affordable housing developers as rates rise around the country.
Is $7 a Gallon for Gas on the Horizon?
Global oil prices may skyrocket when the European Union, which receives about one third of its oil from Russia, enacts a partial ban on importing Russian oil at the end of the year to stop financing Russia's war in Ukraine.
California Insurers Call for Pricing Based on 'Catastrophic Modeling'
Home insurers argue they should be able to base policy costs on modeling that accounts for future risks from climate change and overdevelopment.
California Bans Insurance Companies From Dropping Homeowners in Wildfire Zones
The one-year moratorium is a stopgap measure to assist homeowners affected by recent wildfires as the state assesses ways of addressing the root causes of increasingly damaging natural disasters.
New Models of Risk Assessment Needed in Wildfire Zones
About 350,000 residents have lost wildfire insurance in recent years, as a series of catastrophic fires have swept the state of California and insurance industry struggles to keep up with climate change.
In California, Policies Spur Rebuilding in the Wildland-Urban Interface
After the worst wildfire season ever, changes to local land use and state insurance rules essentially ensure that the same thing will happen again.
How the National Flood Insurance Program Sabotaged Itself
Having charged low rates during years of bumper development, the National Flood Insurance Program worked at cross-purposes with itself while development continued on.
Can Insurance Markets Jump-Start Resilience?
Risk-management experts are seeking creative ways to finance resilience investments that prevent damage from natural disasters. Insurance markets, with their direct stake in protecting homes and businesses, can be key partners in this effort.
The State with the Worst Drivers…
A new study from Quote Wizard finds Utah and Rhode Island have the worst and best drivers, respectively.
New Flood Maps Downplay Risks in New Orleans
Recently released flood maps created by FEMA for the city of New Orleans are receiving criticism for being 'overly optimistic' when it comes to risks posed by hurricanes and rising sea levels.
Resilience Bonds Provide New Model for Infrastructure Financing
Local governments and utilities are overexposed and underinsured relative to an increasing threat from severe weather events. The Brookings Institution has released a report on a new funding tool to help meet these challenges.
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