homeowners insurance News

AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season

AccuWeather experts warn that the return La Niña and historically warm water across the Atlantic Ocean could contribute to a “super-charged” hurricane season in 2024. AccuWeather long-range forecasters say that the current El Niño pattern is expected to transition to …

Texas Jury Finds LSD Did Not Cause Spinal Injury, Requires Occidental to Pay HO Limits

When does a hallucinogenic drug become the direct cause of a catastrophic injury, triggering a homeowners’ policy exclusion? Not when a young man falls out of bed and is later moved by his comrades, potentially worsening a spinal injury, a …

In Southwest Florida, High Home Insurance Rates Are Driving Away Would-Be Buyers

Florida’s southwestern coast — long one of America’s fastest-growing regions — is losing some of its boomtown swagger as a home-insurance crisis and other soaring costs make homes unaffordable. Homeowners from Sarasota south to Naples, known for its eight-figure waterfront …

Summer-Like Conditions Lead to First Wisconsin Tornadoes in February

The first tornadoes ever recorded in Wisconsin in the usually frigid month of February tore through mostly rural areas on a day that broke records for warmth, setting up the perfect scenario for the type of severe weather normally seen …

Iceland Plans to Buy Out Homeowners in Volcano-Struck Town

Iceland’s government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after three volcanic eruptions rocked the region in the last two months. Grindavik has been subject to repeated seismic activity since …

Rising U.S. Losses From Powerful Hurricanes Flag Need for Better Protection

Only a few U.S. states are taking significant steps to reduce hurricane risks, as a study this week showed the most damaging storms are now three times as frequent as a century ago and have become the costliest type of …

California Faces New Flood Risk as Storm Moves On: Weather Watch

California’s flood threat isn’t over even as the storm currently battering the state whirls its way across the US West. The US Climate Prediction Center said there is the potential for more heavy rain and snow across Southern California and …

California Faces Renewed Flood Risk as Deadly Storm Drops More Rain

The risk of flash flooding and landslides persists for 21 million people across California as rains from a deadly atmospheric river keep falling throughout the day. Flood watches continue across Southern California, where about an additional 0.5 to 0.75 inch …

AccuWeather: Preliminary Damage and Loss from California Storms $9-$11B

The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be between $9 billion and $11 billion, according to AccuWeather estimates released on Monday. The atmospheric river hit California Saturday and …

‘Firehose’ of Flooding Rains Bring Landslide Risk to Hollywood

The Hollywood Hills and Santa Monica Mountains face life-threatening landslides and flash flooding on Monday as an intense atmospheric river blankets Southern California. “We have an atmospheric firehose pointed right at Southern California,” said Ryan Truchelut, president of commercial forecaster …