A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their ...
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los ...
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 ...
Changes in California's Fair Access to Insurance Requirements (FAIR) plan could mean higher expenses for homeowners after ...
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
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 ...
California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after ...
Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by ...
California sought to protect more Los Angeles-area homeowners from potentially losing their home-insurance policies as ...
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 ...