March 2, 2021
Millions lost power when winter storm Uri ravaged Texas last week. More than 370,000 San Antonio homes went dark during the worst of the forced outages, leaving about 43% of CPS Energy customers without electricity, lights or heat amid freezing temperatures. Many residents didn't get power back for days. Some didn't survive.   Texans have reported receiving sky-high electricity bills...
As posted at: Texas Public Radio

February 26, 2021
Even as power has flickered back on, the deep freeze San Antonio was cast into last week continues to cause problems in the form of burst pipes, collapsed roofs, and water damage.   As costs begin to tally, many are utilizing their homeowners insurance at predicted record amounts.   “This will be the largest non-hurricane insurance event in the history of Texas,” said Mark...
As posted at: San Antonio Report

February 26, 2021
Disaster struck. So what happens next?   First, stop the bleeding.   That’s the advice Amy Bach gives — she’s a lawyer and president of United Policyholders, a nonprofit that advises consumers on insurance issues nationwide.   That means: find a reputable repairman, patch bursting pipes, and get an estimate for the cost of repairs.   Next, she said, find a...
As posted at: Texas Standard

February 26, 2021
Insurers expect hundreds of thousands of claims from burst pipes and water damage after the winter storm that paralyzed Texas and other parts of the country.   Claims are piling up in what could become the costliest weather event in Texas history. One analyst estimates there’ll be more than 750,000 claims from the storm that froze much of the country from Texas to Tennessee....
As posted at: The Dallas Morning News

February 26, 2021
SAN JOSE, Calif. (KGO) -- An untold number of Californians lost their fire insurance due to increased wild fire risk in recent years. Now there's yet another reason to lose your insurance, and it has nothing to do with climate change.   Layla Dreyer loves to snowboard. "Woo hoo!" she exclaims after elevating high in the air on her snowboard.   When the opportunity for a job at...
As posted at: ABC7

February 26, 2021
LOS ANGELES, Calif. – After hearing from many Californians about their frustration and confusion over how insurance companies rate properties for wildfire risk, on Tuesday State Insurance Commissioner Ricardo Lara proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores.   Consumers rarely know their risk scores let alone how to improve...
As posted at: Lake County News

February 22, 2021
When the snow and ice melt, many Texans will file insurance claims for the damage. Some will be annoyed that they get nothing for a freezer-full of spoiled meat, while others will be pleasantly surprised at how easy it is to get money to fix a wrecked car.   The unusual winter storm in the big state is giving many insurers opportunity to test new mobile-based technology that has...
As posted at: Wall Street Journal

February 12, 2021
Hardening your home against wildfires is a necessity if you live in a state like California. Over the past four years, dark clouds of ash and smoke from hundreds of out-of-control blazes have blanketed the Golden State.   “Every year we make records in terms of destruction,” says Cal Fire Chief Daniel Berland in an investigatory meeting held virtually in December 2020. “And the loss of...
As posted at: DailyJournalOnline

February 9, 2021
California Insurance Commissioner Ricardo Lara on Monday announced an effort to establish home-hardening standards that could protect participating homeowners from canceled policies and soaring rates while providing a mechanism to encourage fire-safe retrofits that could save lives and property.   The effort, which will begin this month with meetings between state insurance, utilities...
As posted at: The Press Democrat

January 28, 2021
As North Coast businesses grapple with insurance claims from the 2020 wildfires on top of ongoing issues with coverage for the coronavirus lockdowns of a number of economic activities, a major advocate for policyholders said those types of losses differ but they’re connected by promises for coverage matching what's actually paid.   “Very often, businesses find lot of good things are...