California could be a testing ground for a carrot-and-stick approach to preventing the collapse of insurance markets as ...
A group of property owners affected by the January wildfires is suing major California insurance carriers, including the state's largest, State Farm, accusing them of violating California's antitrust ...
During Orinda homeowner Yasaman Nazmi Lee’s home-insurance saga — one of millions playing out across California as the age of mega-fires drives insurers to pull back from coverage and raise prices — ...
The California FAIR Plan, designed as a backstop for properties that private insurers deem too exposed to wildfire, saw ...
Mercury Insurance is the state’s first to use a process that allows climate modeling to expand coverage in wildfire-prone areas. One of California’s largest property insurers pledged to sell ...
The state’s property insurance crisis, deepened by the devastating Los Angeles wildfires, is bringing renewed attention and a ...
After a year of significant upheaval in California’s property insurance sector, five major insurers are set to return to the state, marking a turning point in the ongoing crisis. In a move that aims ...
(FOX40.COM) — Five property insurance companies that left the state are back, according to the California Department of Finance. Many insurance companies decided to cancel their policies and leave the ...
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 ...
A proposed ballot initiative would drastically change the way property insurance is regulated in California by repealing a law voters passed almost four decades ago. Proposition 103 has regulated home ...
California’s largest insurance reform in over 30 years is being implemented through regulations passed by the Department of Insurance’s Sustainable Insurance Strategy (“SIS”). These changes address ...