State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
Nearly all Californians could see a surcharge on their property insurance bills to cover part of the industry’s losses from the Los Angeles fires after the state’s insurer of last resort said Tuesday ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
The FOX 26 News team continues to look at home insurance rates in california..As the state was seeing significant rate hikes especially over the last five years ...
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses.
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
Part of the point of letting the public know how much has been paid out so far is so they know that under the law, claimants are eligible for some advance funds without having to file itemized claims, ...
spokesperson Michael Soller said. For some people, it could be “life-changing to know that they know they can get money up front,” he added. Insurance companies have been present at workshops ...
California Insurance Commissioner Ricardo Lara ... upfront payments, Lara put out a bulletin reminding insurance companies of their obligations under the laws. Michael Soller, a spokesperson ...
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