A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their ...
Here's how climate change is reshaping home insurance costs in California — and the rest of the U.S.
California's Department of Insurance also recently passed regulations that pave the way for rate increases in exchange for increased coverage in wildfire-prone regions. In 2024, some insurance ...
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
Changes in California's Fair Access to Insurance Requirements (FAIR) plan could mean higher expenses for homeowners after ...
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that ...
With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is ...
Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by ...
California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after ...
Climate change-fueled natural disasters like the L.A. fires could destabilize the entire U.S. economy, economist Gary W. Yohe wrote.
The wildfires in Southern California have put a spotlight on the home insurance industry. Companies are being confronted with ...
The devastating wildfires in Los Angeles have made one threat very clear: Climate change is undermining the insurance systems ...
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