It’s a problem that has played out across U.S. states as climate change and more development raise the risks of natural disasters damaging communities. Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news—their property insurance won’t be renewed because their insurance company has deemed the risk too high.

Topics:  u.s    months   hawaii   property   states   natural disasters   insurance   
BING NEWS:
  • APCIA says insurers ready to assist Houston claimants
    In the aftermath of last week’s severe weather event that brought significant wind damage and widespread power outages to the Houston area, the American Property Casualty Insurance Association (APCIA) ...
    05/20/2024 - 12:53 am | View Link
  • Giant Hail Is the Weather Threat Keeping Insurers Up at Night
    For insurers, the first half of 2024 has underscored the growing threat posed by hail, which accounts for more and more of the industry’s losses in the US and Europe.
    05/19/2024 - 6:00 pm | View Link
  • States struggle to keep property insurers from fleeing as wildfire risk grows
    It’s a problem that has played out in states across the U.S. as climate change and increasing development has raised the risks of wildfires and other natural disasters damaging ... own insurance costs ...
    04/30/2024 - 2:54 am | View Link
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