Insurance commissioner says homeowners in fire zones will likely be covered in event of debris flows
As what's expected to be the most powerful winter storm of the season begins to bear down on Southern California, many residents living in and around the recent burn areas are probably asking ...
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California's plan that provides insurance to homeowners who can't get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires.
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
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The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in their destroyed homes. By Rukmini Callimachi Rukmini Callimachi ...
Two neighbors face contrasting fortunes in rebuilding after a wildfire, highlighting California's growing home insurance crisis.
requiring insurers to get the approval of the California Department of Insurance (CDI) for rate hikes—played a significant part in creating the current crisis. Under Proposition 103, California ...
In 2021, the company asked the California Department of Insurance for a 6.9% increase in rates, even as its in-house estimates found that a 31% hike was needed. A year later, it again asked for a ...
State Farm seeks urgent insurance rate increases, citing financial strain from LA fires and market challenges.
Daniel Robinson is a writer based in Greenville, N.C. with expertise in auto insurance ... $75,000 in cash into an account with the California Department of Motor Vehicles to prove they have ...
Her insurance has already paid out nearly a million dollars and she is searching for contractors. He is contemplating loans, lawsuits and moving his family out of California. “It changes the who ...
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