California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
In the wake of the Los Angeles fires, State Farm asked for an "emergency" premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.
A proposed new law would release homeowners from the onerous process of listing every object lost in a destroyed home.
A new bill wants to curtail surveillance pricing, which raises prices based on individual data. If you’ve spent hours ...
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 ...
A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...
Extreme weather, amplified by climate change, has raised insurer risks and insurance rates for U.S. homeowners, especially in the last decade. Florida, for example, sustained a staggering $237 billion ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
California's last-resort fire insurance provider will impose a special charge of $1 billion on insurance companies – which will in turn pass the costs along to homeowners – the first ...
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
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