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Idaho homeowners are seeing insurance premiums rise and policies canceled as fears of catastrophic urban wildfires grow, prompting bipartisan concern at the state capitol.
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Report: State legislators should learn from counterparts across the region as insurance crisis growsAs many homeowners face a growing insurance crisis, state leaders across the region are considering reforms. Two groups have recommendations for them as state legislatures begin convening again.
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New data also points to major insurance impacts in places surprising to many, including the Snake River Plain.
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A consumer advocacy group is asking top insurance companies to adopt a list of nine protections aimed at increased transparency and fairness.
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It’s Friday, which means it's time for our Reporter Roundtable when Idaho Matters gets you up to date on all the news that made headlines this past week.
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Homeowners in Idaho are facing rising insurance costs and harder-to-maintain coverage. Now newly released data is shedding light on the scope of the problem.
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Earlier this year, Idaho officials asked homeowners insurance providers in the state for data on their operations, including information on premiums and policy cancellations. Newly released findings paint a troubling picture for the Gem State, and a top official says other Western states should undertake similar efforts.
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It’s Friday, which means it's time for our Reporter Roundtable when Idaho Matters gets you up to date on all the news that made headlines this past week.
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Nationwide, the percentage of household income spent on homeowners insurance premiums nearly doubled between the early 2000s and 2022 – jumping from 1.2% to 2.1%. That’s according to recent analysis by the Insurance Research Council, an industry-supported nonprofit. Their projections suggest it could already be at 2.4 percent.
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A home insurance crisis faces Mountain West states as wildfires blaze the region.