Homeowners' insurance
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The regulations are part of a state effort to expand wildfire coverage. -
Malibu, which has 10,000 residents, posted on social media on Wednesday that the fire was 7% contained.
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The fire started Monday night, with high winds predicted for Tuesday morning.
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The insurer will conduct an audit to ensure “transparency and accountability.”
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TDI is urging legislators to incentivize more resilient housing construction.
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The estimate includes $102mn from Milton and $114mn Helene development.
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The executive will focus on securing reinsurance capacity for new programs.
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The California fire was 91% contained as of Friday.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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The company said Helene claims have surpassed those of Hurricane Ian.
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The renewal book has auto, home, renters and condo policies, among others.
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A total of $2.1bn in Fema money has been approved for the state.
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