Insurance Business America1h
Insured losses due to California wildfires to exceed $30 billion -- report
Morningstar DBRS estimated insured losses will exceed $30 billion. As of March 5, the California Department of Insurance ...
Department of Insurance to hear State Farm's justifications for rate hike as high as 38%
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
California’s former insurance commissioner sees grim future, more wildfires
We’re marching toward an uninsurable future in this country,” says David Jones, California’s former insurance commissioner.
California FAIR Plan can pass extreme costs on to consumers, Department of Insurance says
The California Department of Insurance said the state’s insurer of last resort, the FAIR Plan, can pass costs it can’t afford ...
Orange County Register28d
California insurance chief says he’s near ‘solution’ on State Farm rate hike
Social and economic issues are changing rapidly, as you can see now in our country, and all that impacts the insurance market. We want to grow in California ... “cycle of death” phenomena is why his ...