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News Articles: home insurance

Rich Snyder, who retired as the fire marshal of Sierra Madre, Calif., now works for Allied Disaster Defense, a California company that hardens homes against wildfire. One strategy is covering air vents with ember-blocking mesh.

Tagged as: 

  • Business

Preparing homes for wildfires is big business that's only getting started

Climate change, technological leaps, panicked insurers, the shifting sense of responsibility: All are powering the still-nascent, but fast-growing industry of preparing homes for wildfires.

September 15, 2023
|
By:
  • Alina Selyukh
A row of mailboxes tagged with evacuation notices during the Oak Fire in Mariposa, Calif., in July 2022. Many residents in the area are losing their home insurance because of rising wildfire risk.

Tagged as: 

  • Climate

How climate change could cause a home insurance meltdown

It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.

July 24, 2023
|
By:
  • Michael Copley,
  • Rebecca Hersher,
  • and 1 more
Damage from Hurricane Ian near Pine Island, Fla., in 2022. The storm caused at least $50 billion in insured damage.

Tagged as: 

  • Climate

Insurance firms need more climate change information. Scientists say they can help

Floods, wildfires, heat waves and hurricanes cause billions of dollars of property damage each year. Can federal climate scientists help the insurance industry keep up?

May 23, 2023
|
By:
  • Rebecca Hersher
Firefighters battle the Caldor Fire this month along Highway 89 west of Lake Tahoe in California.

Tagged as: 

  • Climate

How A Blistering Housing Market Could Be Making Wildfires Even More Dangerous

California homes are burning. Why are they still increasing in value in regions prone to fire?

September 14, 2021
|
By:
  • Greg Rosalsky

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