State Farm is seeking emergency rate hikes of up to 38% for California homeowners, renters and landlords following wildfire ...
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
While less than half of the more than 30,000 claims have been even partially paid, the damages have already exceeded four billion dollars.
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...
State Insurance Commissioner Ricardo Lara leaves an Assembly Committee on Insurance hearing on Tuesday, Sept. 17, 2024 at Los Angeles City Hall. (Photo by Sarah Reingewirtz, Los Angeles Daily ...
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 ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
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