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News
Firefighters' income cover shrinks after claims outpace premiums
3+ week, 3+ day ago (807+ words) New Zealand's firefighters have long pointed to their union-run income protection scheme as one of the more generous group covers in the country. That scheme is now being repriced after claims outpaced premiums, and the changes taking effect on September…...
Insurers are pricing wildfire risk by the neighborhood, not the house
3+ week, 3+ day ago (315+ words) Wildfire risk pricing runs into a problem that hail and hurricane coverage never posed: the house next door matters nearly as much as the house itself. Vigus was careful to separate what's realistic for an individual homeowner from what requires…...