The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
State Farm General, California's largest home insurer, has asked state regulators to approve an immediate 22% rate increase ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
Allstate has improved its cost structure and underwriting, but I remain skeptical about its growth prospects, especially in ...
A bit of country wisdom came to mind, recently, as I watched the news about a high-roller insurance giant. The old saying goes, “Pigs get fat, and hogs get slaughtered.” ...
Delayed insurance claims and poor settlements often plague buyers of health and car insurance. The good news? Complaining ...
Travelers reported on Tuesday a $1.7 billion impact from the Los Angeles wildfires based on insurance policyholder claims without stating if it will raise premiums significantly in California or ...