In 2021, State Farm asked California regulators to approve a 6.9% rise in home-insurance rates, less than a quarter of the 31 ...

That makes California the second most expensive state in the U.S. for housing, only behind Hawaii with an average home price of $832,688. Single-family homes in California are 216% more expensive ...

“Folks think people are coming from out of state and other places to California to get services, and it’s just not what the data shows us,” said Tomiquia Moss, founder and chief executive of ...

State takes final step to fix California’s troubled home insurance market An airplane drops fire retardant as firefighters battle Franklin fire on Dec. 10 in Malibu. (Brian van der Brug / Los ...

State Farm, California's largest home insurance company, announced it would be discontinuing coverage for 72,000 homes and apartment policies in the state starting this summer. The insurer blamed ...

As home insurers flee California, the state’s last-resort insurance plan is warning that it’s being pushed toward insolvency, forced to cover a rapidly growing number of properties that have ...

Why costs are climbing for CA home insurers? California’s licensed insurers incurred losses of $902.1 million in 2017 and $1.53 billion in 2018, according to state records, far outstripping the ...

The California Department of Water Resources (CDWR) is pushing back on President Trump’s recent claim that the U.S. military entered the state and “turned on the water” in the wake of d… ...

State Farm stops selling home insurance in California. Could other insurers follow suit? 04:47 Allstate, one of the nation's largest insurance companies, has joined State Farm in deciding to halt ...

The sunsetting of the emergency declaration, which has been the basis for more than 500 legal and policy measures in California, reflects a shift in how state officials are approaching the ...

The fires have brought Californians together, said Michael Bryant, 56, whose girlfriend's Malibu home burned down. But recent events haven't brought them closer to the rest of the country.

Here’s the California home insurance debacle made simple: No more bargains. Property owners are keenly aware of the state’s numerous risks to their property, most notably wildfires. But they ...