Many Altadena and Palisades fire victims struggle to itemize the possessions they lost. Insurance Commissioner Lara says ...
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
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 ...
Capital is necessary so an insurance company can pay for any future claims for the risks it insures," State Farm General said in an open letter to the California Department of Insurance.
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 ...
interviewing homeowners about their loss. California’s top insurance regulator urged insurance carriers on Thursday to pay policyholders the full amount of the belongings in their coverage ...
But while she has learned to expect wildfires, she thinks that the insurance crisis laid bare by the Los Angeles fires was created by a "regulatory failure" in California, rather than climate ...
Insurance companies so far have paid out more than $4 billion in claims to the victims of the devastating California wildfires, according to a new online tracker unveiled by the state’s ...
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire ...
California homeowners, already devastated by last month’s wildfires, could see their insurance rates go up by more than 20% if they’re covered by State Farm. California’s largest private ...