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According to state data from 2023, earthquake insurance is now $569 a year on average 鈥 ten times as much as at the turn of the century.
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The executive order asks the city building division and legal department to stop enforcement of a provision that keeps 25% of an insurance payout in escrow until the owner has either restored or demolished the structure.
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Information is emerging about how many people in north St. Louis did not have homeowners insurance when storms ripped through the region on May 16. Still, the data is just an early estimate, against the backdrop of a rising number of homeowners around the country who don鈥檛 have policies.
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Tenelle Winmore, a musician and educator, prides himself on living in north St. Louis where he grew up as a child. Now, he鈥檚 worried about his community being taken advantage of after the EF3 tornado on May 16.
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The Nolan family and their next-door neighbors have had to find new housing after an EF3-grade tornado tore the roof off their home and caved in the ceiling.
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If you are among those who are without coverage and sustained damage to your property, the Midwest Newsroom and STLPR invite you to share your story with us.
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Poverty, job loss and high insurance costs have led to a lack of earthquake insurance in a town with a big fault and bigger problems.
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Climate change-driven weather events are causing more damage and wear and tear to school buildings in Missouri, driving up districts鈥 property insurance costs.
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Illinois Gov. J.B. Pritzker celebrated a partial legislative victory late last week when the House passed his initiative to end some practices health insurance companies use to control the amount and cost of health care services individual patients receive.
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The state-funded health care programs serving certain low-income noncitizens have declined by tens of millions of dollars in recent months as the state rolled out new copay and coinsurance requirements this week.