How much of your net worth should be tied up in your house, as wildfires and other disasters make owning a home riskier?
The majority of American homeowners’ net worth is in their houses, but financial planners say a house should represent a much smaller share of a household’s wealth.
As wildfires and other disasters make owning a home riskier, how much of your net worth should be tied up in your house?
The median net worth of U.S. homeowners was about $406,000 in 2022, according to Census Bureau data - yet when excluding home equity, homeowners' median net worth fell to $156,700. In other words, the ...
Officials nationwide should prepare for potential climate disasters, researchers say
The fires blazing in Los Angeles County mark the latest unprecedented natural disaster. Experts say officials everywhere ...
America's most expensive natural disasters in recent decades
The costliest disasters on the National Centers for Environmental Information "Billion-Dollar Weather and Climate Disasters" ...
Will California homeowners relocate or rebuild? Both are costly
Tens of thousands of California residents will decide whether to permanently relocate or rebuild their homes after the most ...
Extreme weather events put older adults at risk
Over the past two decades, extreme weather events and record-breaking temperatures fueled by climate change have put more lives at risk. In the United States and around the world, hurricanes, ...
New report finds $25B in insured losses from Hurricane Milton. Florida reports lower total
The Florida Office of Insurance Regulation data shows that Milton's estimated insured losses are much at $3.6 billion.
As Los Angeles burns, Elon Musk stokes partisan outrage
As flames engulf swaths of Los Angeles, Elon Musk is wielding X to stoke partisan outrage and conspiracy theories about the ...
Climate change shows 'claws' with rising costs for disasters, Munich Re says
Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from ...
Beshear touts new jobs, calls for investments in education in State of the Commonwealth
Kentucky Gov. Andy Beshear put a spotlight on Kentucky's economic wins in his annual address to state lawmakers.
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Are you RimReady for the next natural disaster?
After “Snowmaggedon”, our major snowstorm in March of 2023, I was concerned about the lack of preparation for this storm ...