The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...

Earlier this month, the California Department of Insurance announced that insurance companies have paid out $4.2 billion in ...

Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.

Some were forced into the state’s so-called “last resort,” the California FAIR Plan, which has seen demand soar in recent years but only covers residential properties for up to $3 million.

CINF earnings call for the period ending December 31, 2024. Cincinnati Financial ( CINF 2.81%) Q4 2024 Earnings Call Feb 11, ...

“We will revisit our build out plan if the CRTC reverses its decision,” he said ... and we’re prepared to seize on the growth opportunities in the U.S.” The Ziply Fiber deal is being financed largely ...

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...