News
Private Equity is Behind LA's Raging Warehouse Fire
1+ day, 3+ hour ago (678+ words) Americans for Financial Reform By Hibba Meraay, Research Analyst and Giovanny Klyd Exilus, Research Intern Firefighters battled a weeklong warehouse fire at a 500, 000 square foot food storage facility in Boyle Heights, CA, a historically Chicano neighborhood in Los Angeles. The…...
Press Release: Statement to the Next California Insurance Commissioner: Fully Restore The Consumer Intervenor Program
3+ week, 5+ day ago (129+ words) FOR IMMEDIATE RELEASE: June 1, 2026 Statement to the Next California Insurance Commissioner: Fully Restore The Consumer Intervenor Program All current candidates in the race for the next California Insurance Commissioner were asked for a response to the statement and given three…...
4 Reasons Why We Should Ban the Use of Credit Scores in Property Insurance
2+ mon, 2+ week ago (185+ words) By: Annie Norman & Caroline Nagy In all but three states, insurance companies are permitted to underwrite a home insurance policy and price those policies based on the homeowner's credit characteristics. Lower credit score borrowers pay 30 percent more for homeowner's insurance…...
We Can't Price Our Way Out of the Home Insurance Crisis
7+ mon, 2+ week ago (224+ words) Steeper insurance costs compound housing unaffordability and make it harder for families to make ends meet with the steadily rising cost of living. Rising insurance premiums are responsible for higher credit card debt, higher credit card default rates, and higher…...
Letters to Congress: AFR Letter to Congress on the Importance of the National Flood Insurance Program
9+ mon, 5+ day ago (307+ words) Americans for Financial Reform along with ten undersigned partner organizations write in support of legislative efforts to reform the National Flood Insurance Program (NFIP) to improve insurance affordability, expand coverage, and promote resilience. The NFIP is a critical program that…...