More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...
California residents have switched to a state-backed “last resort” insurance plan that is now facing staggering loss ...
A round up of announcements and actions by the state's insurance regulator, a consumer advocate and an industry trade association.
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs ...
A.B. 238, which would make it easy for victims of the Los Angeles County wildfires to get mortgage relief, will proceed ...
A chimney remains standing in a home destroyed by the Eaton Fire in Altadena on Jan. 8, 2025. Photo by Jules Hotz for From economy reporter Levi Sumagaysay: Insurance companies have paid out $4.2 ...
Allstate will raise its average rates for condo insurance by 30%, according to a filing with the California Department of ...
At least 29 people are believed to be dead and more than a dozen others remain unaccounted for as multiple wildfires rage ...