The state’s property insurance crisis, deepened by the devastating Los Angeles wildfires, is bringing renewed attention and a ...
Just three years after the Florida property insurance market was collapsing — and companies going insolvent — from the force of multiple hurricanes, one of the Sunshine State’s largest property ...
California's FAIR Plan is seeking a 35.8% insurance rate hike due to significant wildfire losses. If approved, the increase would take effect in April 2026, with discounts available for wildfire ...
Several forces are driving the higher rates. They include sharply rising prices for new cars and auto parts, which is being driven by inflation and exacerbated by President Trump’s tariffs, as well as ...
For years, California’s insurance market has been in crisis, as providers struggle to pay out claims from catastrophic wildfires. Some insurance companies have left the state entirely, leaving ...
Gov. Gavin Newsom highlighted the filings during New York City’s Climate Week. SACRAMENTO, California — Five insurance companies are asking for rate hikes under California’s new insurance rules, a ...
Florida Peninsula Insurance is considering expanding its business to California. California's property insurance market is facing challenges similar to Florida's, including major carriers pausing ...