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Insurance industry advisors and groups say the INSURE Act proposal for a catastrophic reinsurance program won't solve rising prices and coverage crisis.
August 12
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Eagle Bancorp in Maryland took a major quarterly loss due to challenges in its office loan portfolio. It's one of many banks working to trim down their commercial real estate loan books.
July 25
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The state forecasts eroding coastlines will endanger $18 billion of existing homes and commercial buildings in the coming decades.
July 3
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New legislation takes into account costs to residents while emphasizing accountability and safety from complex owners, Florida governor Ron DeSantis said.
June 25
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Legislation passed in Connecticut protects homeowners from foreclosures tied to old liens that received renewed collections interest as housing values surged.
June 20
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Lipkin, who built Valley National Bancorp from a small community bank into a regional institution with 200 branches in four states, passed away this week at age 84.
June 20
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Even before January's fires in Los Angeles, change-of-address data shows residential moves based on fire risks and insurance availability.
June 16
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The state's regulator said the insurer must show it will cover more homeowners, and be more transparent. Consumer advocates want more concessions, saying the insurance crisis can't be solved on the backs of homeowners.
May 22
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Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.
April 15
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Insurers had already doled out more than $12 billion to pay for wildfire damages as of early March, according to California state officials.
April 8
