The insurance check to rebuild Zaire Calvin’s family properties came in at just under $300,000, a drop in the bucket compared to the roughly $2.1 million they had been worth. His family had five homes sprawled across two lots in the leafy suburb of Altadena, California, before the Eaton Fire unleashed its wrath, leveling both […]
insurance
Posted inClimate Change, Environmental Justice, Rural Issues
Black Communities Left to Sink as Insurance Companies Abandon the South
On Sept. 29, Pastor Timothy Williams will lose the property insurance coverage for his home in rural Elba, Alabama. It’s another mark on a long list of recent letdowns for him in the aftermath of a persistent flooding crisis born by the expansion of a highway next to his home. Since the state raised and […]
Posted inExtreme Weather, Housing
Hurricane Francine Leaves 400,000 Louisianans Without Power
Hurricane Francine zig-zagged through southern Louisiana on Sept. 11, leaving widespread power outages and flooding behind. Some parts of the state experienced winds of 100 mph and 10 inches of rain. As thousands of Gulf Coast residents were under mandatory evacuation orders, those remaining, particularly in the state’s largest city, New Orleans, were left riding […]
Posted inMoney
A Call to End Credit Scores to Determine Auto Insurance Rates
Auto insurance companies’ use of credit information to determine rates poses a disproportionate financial burden on Black and low-income communities, but financial experts say there are ways to protect yourself. A recent report from Consumer Federation of America found that Americans with fair or poor credit — regardless of their driving records — pay, on […]