LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation's growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
themortgagepoint1d
Once the Smoke Clears
MortgagePoint examines how the California wildfires could have wide-ranging impacts on government programs, insurance ...
insurancebusinessmag2d
Policyholders turned to FAIR Plan for coverage amid fewer primary insurers in California – AM Best
A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...
R Street Institute2d
Steven Greenhut Testimony, Hearing on “California Fires and the Consequences of Overregulation”
SUBMITTED STATEMENT OFSTEVEN GREENHUTRESIDENT SENIOR FELLOW AND WESTERN REGION DIRECTORR STREET INSTITUTE BEFORE THESUBCOMMITTEE ON THE ADMINISTRATIVE STATE, REGULATORY REFORM, AND ANTITRUSTCOMMITTEE ...
JD Supra2d
California's New Insurance Fix Faces Multi-Billion-Dollar Wildfire Test
The Southern California wildfire crisis struck just when the Department of Insurance’s “Sustainable Insurance Strategy” was set to go into ...
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
The post Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims appeared first ...
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern ...
California's 'Regulatory Failure' Blamed for Wildfire Insurance Disaster
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
State Farm seeks an emergency insurance rate increase after LA wildfires
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
FAIR, with its high premiums and basic coverage, was designed as a temporary safety net until policyholders find a more ...