Coverage prices could rise due to the impacts of #ClimateChange fueled disasters.
As water levels and average temperatures rise, so do concerns over #InsuranceCoverage for Greater Victoria #homeowners amid a larger problem in #BritishColumbia – climate change-fuelled disasters.
DeSantis’ New Insurance Law Could Make It Harder to Rebuild After Hurricane Idalia
The legislation makes it difficult to sue insurance companies for short-changing policyholders.
The sweeping revisions make it more difficult for homeowners to sue their property insurance companies for acting in “bad faith” and remove the right of homeowners to recover attorney’s fees, even in lawsuits they ultimately win.
They Were Promised Help With #Mortgage Payments. Then They Got a #Foreclosure Notice.
#Homeowners enrolled in Nevada’s mortgage assistance program have received foreclosure notices when the money fails to make its way from the federal government to the loan providers on time.
A ProPublica investigation — based on court documents, #property records, company training materials and interviews with 48 former franchise owners and dozens of #homeowners — found HomeVestors franchisees that used #deception and targeted the #elderly, infirm and those so close to #poverty that they feared homelessness would be a consequence of selling.
"Since most #US#insurance companies are backed by international #reinsurance companies that cover other parts of the world, #homeowners everywhere will pay the price for #ClimateChange’s global effects."