Study suggests banks are avoiding mortgages in California wildfire zones
The study is awaiting peer review, but it suggests fintech lenders could be taking market share from traditional lenders in riskier areas.
Climate Change
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Treasury outlines rising cost of homeowners insurance
Homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest risks.
Rep. Maxine Waters pushes for serious investigation with proposed wildfire bill
Less than 10 days into 2025, California is experiencing a multibillion-dollar wildfire disaster that is further shaking up the state’s already vulnerable insurance coverage.
Data suggests stability ‘on the horizon’ for home insurance premiums
Home insurance premiums continue to rise, but the severity of the increases have cooled in recent months, according to Matic.