Author name: Ricky Vasquez

HUD Disaster Recovery Package Delay After California Wildfires

During the recent congressional hearing on the U.S. Department of Housing and Urban Development’s 2027 budget, California Congresswoman Norma Torres asked a straightforward question: When would the administration submit a disaster recovery package for the California wildfire victims who lost their homes in January 2025? HUD Secretary Scott Turner offered no timeline. Instead, he suggested […]

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Jimi Grande is the senior vice president of federal and political affairs at NAMIC

Insurers under fire for using credit scores to set rates

Credit-based insurance scores are used to help adequately risk-based price homeowners insurance, so lower risk consumers are not subsidizing higher risk ones, the Insurance Information Institute said. Processing Content Triple-I’s comments came in response to a letter to six insurers signed by 20 members of Congress, led by Sen. Elizabeth Warren, D.-Massachusetts in her role

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