October 21, 2019
ORINDA, Calif. (KGO) -- Scientists tell us earthquakes strike every three minutes in California -- though most of them are so weak we can't feel them, enough are so big we can't forget them. So, does living through a quake drive us to buy earthquake insurance? Not so much. The California Earthquake Authority says the vast majority of homeowners opted not to buy an earthquake policy. What's...
As posted at: ABC 7 News

October 11, 2019
SAN FRANCISCO (KGO) -- Although people had a couple of days to plan for the power shutoffs, losses were inevitable. So who's responsible to pay for that? Unfortunately, it's the PG&E customers who are stuck with the bill. What makes this situation different than any other is the fact it was a planned outage ordered by PG&E. As power went out, thousands of residents watched helplessly...
As posted at: ABC 7 News

October 10, 2019
The cost of homeowners insurance is one of those unavoidable expenses that comes along with owning a house. How much you’ll pay for insurance varies depending on your location and the age of your home, but the average annual homeowners insurance premium is $1,200. That can feel like a big expense, but knowing you’ll be reimbursed if something happens to your most valuable investment can be...
As posted at: CNBC

October 7, 2019
Two years after the October firestorm that swept the North Bay, recovery efforts are both good and not so great. Houses are being rebuilt, the destroyed northwest Santa Rosa neighborhood of Coffey Park is coming back strong, insurance struggles and construction costs remain, and mental health care resources need ongoing reinforcing. Those takeaways were presented Friday at the Business Journal’s...

October 7, 2019
SANTA ROSA, Calif. (KTVU) - With only bout 10% of Santa Rosa homes rebuilt from the 2017 Tubbs fire, the second anniversary of the fire will cause a turn for the worse in many victim's finances. On Tuesday, many folks waiting to complete or rebuild their homes in the Tubbs Fire are getting cut off, financially. Jim and LuAnn Scally have been in the Coffey Park rebuilding process since two...
As posted at: KTVU

October 2, 2019
Joyce Viets’ dad was in the life insurance business, so she knew from an early age that you have to plan ahead. “I heard about actuarials my entire life,” the Temecula resident told me.   Viets, 82, purchased long-term care insurance nearly two decades ago, anticipating there would come a time when she’d be glad to cover the costs of a nursing home, which can run nearly $300 a day in...
As posted at: Los Angeles Times

September 30, 2019
SANTA ROSA, Calif. (KTVU) - With less than two weeks until the second anniversary of the firestorm that devastated Santa Rosa, insured victims are getting some nasty surprises from the insurance companies that promised to protect them.   More than 5,000 homes were destroyed by wildfire. Victims were assured that two years of living expenses would be enough.   But, a lack of a...
As posted at: KTVU

September 28, 2019
To keep up with California's unrelenting wildfire threat, some insurers are now turning to AI to predict fire risk with unprecedented, structure-by-structure detail. Why it matters: This will allow them to cover homes in areas that they would otherwise have passed over — but potentially at the cost of hiking rates for those who can least afford it. The big picture: Spooked by a recent surge...
As posted at: Axios

September 27, 2019
The problem emerges after every wildfire in California PARADISE — Nearly 11 months after the Camp Fire razed Amy McFarland’s neighborhood, two of her neighbors’ new homes look ready for move-in. She’d like to be a part of the rebuild of the town. But her family’s home was under-insured, and now they’re struggling to find solutions to fill the gap. It’s a problem she shares with most of her...
As posted at: Enterprise-Record

September 27, 2019
Since retiring from her law practice, Robin Gabbert feels like she’s had a full-time job trying to rebuild after the devastating 2017 North Bay wildfires. Gabbert and her husband, Con Jager, are like thousands of other fire survivors who will not finish building new homes by the second anniversary of the fires in early October. Gabbert and Jager have been hampered by numerous delays rebuilding...
As posted at: The Press Democrat