California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
The decision was made to ensure the FAIR Plan can continue covering consumer claims following the southern California ...
As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...
According to the California Department of Insurance, the insurance industry has paid $6.94 billion in residential and ...
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.
State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
More than four years after San Diego voters backed the creation of the Commission on Police Practices, a City Council ...
California's insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in the wake of the Palisades and Eaton wildfires. And State Insurance ...
The Cool Down on MSN15h
Insurance company looks to raise prices for millions of policyholders — here's who could be impactedState officials say they will "respond with urgency." Insurance company looks to raise prices for millions of policyholders — ...
The Cool Down on MSN4h
Major insurance company sparks outrage with decision that affects thousands of policies: 'The opposite of what we've been hoping for'More than ever, California residents and homeowners need security. Major insurance company sparks outrage with decision that ...
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on California’s ...
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