Clashes over covering smoke damage have become a growing issue in recent years as wildfires intensify and home insurance ...
The devastating wildfires in the Los Angeles region earlier this year have caused enormous financial strain on recovery mechanisms, such as the ...
State regulators have given two home insurance companies the green light to raise their rates in California, impacting ...
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
a higher concentration of risk covered by the FAIR Plan, and an acceleration of the looming insurance unavailability crisis for many Californians regardless of where they reside.” California ...
California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...
See also: Anguished homeowners struggle to keep their insurance However, it’s not yet clear if the FAIR Plan needs to invoke these payment mechanisms. “We have not yet asked the California ...
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