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Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining carriers and state insurers.
February 24
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Coastal habitats, coral reefs and mangrove swamps, can reduce flood losses, according to a new Swiss Re Institute study that includes analysis of flood insurance claims.
February 17
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The fund, run by the EPA, received $27 billion in President Joe Biden's signature climate law to help with the deployment of solar panels, heat pumps, and electric vehicles.
February 13
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Travelers Cos. said it expects about $1.7 billion of pretax losses from the wildfires that devastated Los Angeles last month.
February 11
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Earlier this week, NOAA scientists and staff were told to log and clear all international contacts and communication, according to internal communications seen by Bloomberg News.
February 10
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Aon, Floodbase and Swiss Re launch parametric hurricane-related storm surge insurance.
February 5
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Before the wildfires, California decided to pass on reinsurance costs to policyholders. After the fires, California is considering catastrophe bonds to help shore up the state's insurer of last resort. A consumer advocate says these measures concentrate too much risk locally and do not improve home insurance availability.
February 4
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Regulator says it will rule urgently; Consumer Watchdog says insurer must disclose more information to justify an increase.
February 4
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Terms of home insurance policies and rising construction costs will affect how those who lost their homes in the Los Angeles wildfires can rebuild.
February 3
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California had the most natural disasters over the 20 year period according to a study from MoneyGeek.
February 3
