January 19, 2025

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Latest on Southern California wildfires

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A "major" new report is offering the most robust insights yet on the growing problems of cost and accessibility for homeowner’s insurance.

The report was released Thursday by the U.S. Department of the Treasury’s Federal Insurance Office through a first-of-its-kind collaboration with the National Association of Insurance Commissioners and state insurance regulators.

The Treasury said homeowner’s insurance is becoming more costly and harder to get for millions of Americans, with costs mounting from climate-related events.

MORE: https://katu.com/news/nation-world/a-really-big-deal-new-report-offers-most-detailed-look-yet-at-home-insurance-struggles-growing-problems-of-cost-and-accessibility-for-homeowners-insurance-natural-disasters-wildfires-hurricane-risks-department-of-the-treasurys-federal-insurance-office#
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Author: KATU News
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News post in at: January 18, 2025, 3:00 am.

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