News
Property insurance is becoming the latest climate weapon
22+ hour, 34+ min ago (192+ words) By Saqib Rahim | 05/01/2026 06: 10 AM EDT Advocates are trying to block fossil fuel projects in energy-hungry Asia by convincing insurers not to cover or invest in them. A technician walks under power lines at a coal plant in Jakarta, Indonesia. Irwin…...
Pritzker cites property insurance "crisis" to urge new regulation
2+ mon, 1+ week ago (215+ words) By Saqib Rahim | 02/20/2026 06: 11 AM EST The Illinois governor is personally urging state lawmakers to approve changes that would make it harder for insurers to raise rates. Illinois Gov. JB Pritzker warned of a property insurance "crisis" during his State of…...
States are demanding property insurance records to study climate change
2+ day, 5+ hour ago (957+ words) By Saqib Rahim | 04/30/2026 06: 27 AM EDT An unprecedented nationwide data collection will show where storms and wildfires are causing large insurer losses and rate hikes. After a tornado hit St. Louis in 2025, Missouri officials used data to learn that 70 percent property…...
California Senate committee rejects climate liability, wildfire insurance proposals
1+ week, 22+ hour ago (270+ words) By Nicole Norman, Camille von Kaenel | 04/24/2026 06: 44 AM EDT The state Senate Insurance Committee refused to advance two major bills that would have recouped rising property insurance costs from oil and gas companies and required insurance companies to cover homes in…...
Bill to ease clean air rules for prescribed fire clears House
1+ week, 1+ day ago (204+ words) By Marc Heller | 04/23/2026 06: 15 AM EDT Lawmakers OK'd a measure to declare prescribed fires as "exceptional events" that won't punish communities for Clean Air Act exceedances. Firefighters with California State Parks monitor a prescribed burn at Wilder Ranch State Park near…...
8 ways the federal government could help with property insurance
2+ week, 5+ day ago (173+ words) By Saqib Rahim | 04/13/2026 06: 16 AM EDT GAO surveyed insurance officials, advocates and regulators to suggest federal roles for cutting insurance rates and increasing availability. The deadly wildfires in Hawaii in 2023 cost property insurers billions of dollars. Major disasters across the U. S. have…...
Wildfire report ups pressure on California to overhaul insurance, utilities
3+ week, 1+ day ago (194+ words) By Camille von Kaenel | 04/09/2026 06: 21 AM EDT The state-commissioned study lays out options from liability overhaul to state-backed insurance. SACRAMENTO, California " A quasi-public California agency is urging sweeping changes to the state's electric utility and property insurance systems to avoid escalating…...
Minnesota aims to fund its home-hardening program " at last
1+ mon, 1+ week ago (217+ words) By Saqib Rahim | 03/24/2026 06: 30 AM EDT The state has never approved grant money for its program to help residents upgrade their homes and protect against extreme weather. Gov. Tim Walz has sought money for a state program to harden homes against…...
House panels set eyes on weather spending, flood insurance
1+ mon, 1+ week ago (132+ words) By Amelia Davidson | 03/23/2026 06: 24 AM EDT A top NOAA official will brief appropriators on National Weather Service operations. Taylor Jordan, assistant secretary of Commerce for environmental observation and prediction, will be on Capitol Hill this week for a hearing on the…...
Florida Legislature passes bill that could impact condo owners" insurance
1+ mon, 3+ week ago (136+ words) By Gary Fineout | 03/11/2026 06: 41 AM EDT State Sen. Joe Gruters is sponsoring a bill that would shift condo owners out of Citizens. Phil Sears/AP TALLAHASSEE, Florida " The state's insurer of "last resort" would be required to steer condominium building owners…...