Travelers expects $1.7 billion insured loss from the California wildfires. Analysts still expect a profit.
Travelers Cos. Inc. is expecting a preliminary loss of $1.7 billion for the California wildfires in January, as analysts are ...
Newsom promotes bill to bring interest from fire-related insurance payments to homeowners
California Gov. Gavin Newsom (D) threw his support Monday behind legislation aimed at guaranteeing that wildfire-impacted ...
Insurance commissioner: Wildfire victims should be paid without itemizing lost contents
Many Altadena and Palisades fire victims struggle to itemize the possessions they lost. Insurance Commissioner Lara says ...
USA Herald3d
California’s Uninsured Drivers Confront Tough Times as Prop. 213 and Soaring Auto Insurance Rates Clash
USA Herald [LOS ANGELES, CA] - California is in the middle of a growing auto insurance crisis, with a surge in uninsured drivers and rising premiums leaving many vulnerable, especially in the wake of ...
The Union14d
Marc Cuniberti: Homeowners insurance video inspections
Mr. Cuniberti holds a B.A. in Economics with honors, 1979, and California Insurance License #0L34249 His insurance agency is BAP INC. insurance services. Email: news@moneymanagementradio.com.
New York Post14d
California is facing unprecedented ‘triple threat’ after LA fires, Redfin CEO Glenn Kelman warns
A top real estate executive warned that California is facing an unprecedented “triple threat” with rising house prices, interest rates and insurance rates as it embarks on a critical ...
Business Wire14d
Assurant Supports Southern California Customers, Employees, and Communities Impacted by Wildfires
ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, has opened mobile claims support sites ...
MarketWatch15d
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
Many Americans are paying much more for their homeowner insurance these days — but Americans living in areas exposed to intense weather fueled by climate change are paying even more money ...
Orange County Register17d
Why all California homeowners could be on the hook for LA County wildfire costs
Once debris from the Los Angeles County wildfires is cleared and rebuilding begins, attention will likely shift to the financial health of a small, but growing California fire insurance provider.
The Washington Post20d
The L.A. fires are just the beginning of a crisis spreading across the country
“Our insurance model is increasingly untenable,” Daniel Schwarcz, a professor at the University of Minnesota Law School, told me. “Our model needs to change.” This isn’t only a ...
The Conversation21d
I’m an economist. Here’s why I’m worried the California insurance crisis could trigger broader financial instability
It seems clear to me that a new paradigm is needed. California provided the beginnings of such a paradigm with its Fair Access to Insurance program, known as FAIR. When it was created in 1968 ...
KTVU21d
Southern California wildfires highlight home insurance industry
My insurance was supposed to cancel on February 1st. Fortunately, it didn’t, and I was out shopping for other policies that would have satisfied my lender," said Rubin. CALIFORNIA, UNITED STATES ...