State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
Snapchat co-founder Evan Spiegel and foundation chief Miguel Santana launch the Department of Angels to give the community a ...
California has joined more than a dozen states in a lawsuit challenging President Donald Trump’s executive order that ends automatic citizenship for U.S.-born children whose parents aren’t ...
An economist's harrowing escape from fire and her big ideas to rescue California from its insurance doom spiral.
The pace of insurance agency mergers and acquisitions slowed in 2024 but there are signs of a resurgence this year, according to analysts. There were 750 announced insurance agency mergers and ...
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