A proposed Washington State bill that aims to replenish lost wildfire prevention funding could end up removing a tax break currently benefiting large digital lenders. Processing Content Rep. Shaun Scott, a Democrat from the Seattle area, introduced state house bill 2089 to redefine existing regulations and limit the types of companies that could take advantage […]
State bill could end tax break for large digital lenders Read More »
A new Nevada law set to go into effect will permit insurance providers to exclude wildfire damage in homeowners policies in 2026. Processing Content Legislation passed in the Silver State this spring means insurers receive explicit legal protection if they opt out of wildfire coverage for standard policies issued after Jan. 1. With the change,
New insurance law to change Nevada wildfire coverage in 2026 Read More »
Most California homes were built long before the state required that they be constructed to withstand wildfires. Now, sellers of older homes in high-risk areas must disclose to potential buyers not only a dwelling’s susceptibility to fire but what they’ve done to address those vulnerabilities. As climate change intensifies natural disasters, states across the US have been mandating
Older homes for sale in California now come with wildfire warnings Read More »
Lenders, homeowners and servicers are facing a massive wildfire risk in the Western U.S. that extends beyond the initial burn. Insurance woes, inflationary pressures and contractor shortages are weighing on affected mortgage holders, according to Cotality’s 2025 Wildfire Risk Report. The assessment found nearly 2.6 million homes at moderate or greater risk of wildfire damage
How big is the wildfire risk in the Western housing market? Read More »
Lawmakers from two wildfire-stricken states put forth a new Senate bill that would mandate mortgage relief for homeowners in the aftermath of natural disasters. Sens. Adam Schiff, D-Calif. and Michael Bennet, D-Colo. introduced the Mortgage Relief for Disaster Survivors Act this week aimed at alleviating homeowners’ financial hardship after an extreme weather event. The bill
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(Bloomberg) –California, gripped by a housing shortage that is forcing families from the state, wants to build 2.5 million homes. But it’s running out of safe places to put them. Much of the land best suited for new housing — wind-swept, grassy hills surrounding the state’s major cities — now faces an extreme threat of wildfire, brutally illustrated by the Los
California is running out of safe places to build homes Read More »