Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like ...
The tradeoff is that insurers agreed to write more policies in fire-prone areas — and to lower rates where "fire-mitigation efforts" reduce the risk. "Insurance can no longer be an afterthought ...
Homeowners in places most exposed to climate disasters are increasingly giving up on paying their insurance premiums, leaving them exposed to financial ruin, according to sweeping new government data.
Insurance is a financial product that allows people to share risk – meaning that if a catastrophe strikes any one person, they won’t have to bear the costs alone. But it’s not just about money.
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires ...