Nevada's wildfire split is the kind of move that makes mortgage lenders quietly panic

Nevada's wildfire split is the kind of move that makes mortgage lenders quietly panic

On January 1, 2026, Nevada became the first state in the country to let insurers remove wildfire coverage from standard homeowners policies. Want wildfire coverage? Buy it separately — priced separately, underwritten separately. The logic was clean: let insurers shed the peril they can't price, and they'll stay in the market for everything else. Homeowners keep base coverage. Wildfire gets its own product.

Gobble's Take: "Clean theory" has a way of looking a lot messier the moment a real renewal notice lands in a real mailbox. Source: Perplexity Search (community: Reddit/HN)

Texas is live — and the carrier universe is bigger than Florida and California combined

The Intelligence Council's P&C Commercial Tracker now covers all three states, with 656 carriers identified: 170 in Florida, 198 in California, and 288 in Texas. The Texas map follows the same methodology as the others — admitted carriers, the SLTX eligible surplus lines panel, Lloyd's syndicates, MGAs and programs, TWIA, and the regulatory actors who actually move the market. Every entry cites 2–5 independent sources.

Gobble's Take: The market isn't too big to track. It's too messy not to. Source: Perplexity Search (community: Reddit/HN)

In Case You Missed It

Yesterday's top stories:

• Casualty carriers are still digging out from a record reserve mess