Amid expected fire losses in the billions of dollars, here’s a primer on how to navigate the San Diego County insurance market and new regulations aimed at keeping carriers from leaving.
Homeowners’ insurance has become increasingly difficult to afford and harder to get in California and some other states ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies ... taxpayer support — called the California FAIR plan. Those policies have higher premiums than ...
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LA Should Requisition Empty Housing for Fire VictimsAbout a week after the Los Angeles wildfires began, it seemed safe to sleep without a go bag packed. The smoke had dissipated ...
Regulators in California made it difficult for insurers to raise rates despite increasing risks. So the insurers stopped ...
If it chooses to claim for Palisades and Eaton as different losses, Mercury said it could access a $1.29bn excess $150mn ...
Plus: Trump floats a plan to move Palestinians to Egypt and Jordan. | Are we facing a home insurance crisis? | These and more ...
Ireland’s national screen agency Screen Ireland has set out its strategic plan for 2025-2029, with €5.5m ring-fenced for ...
Work on redeveloping Winnipeg's historic Alexander Docks could begin this year, after The Forks Renewal Corporation issued a ...
On top of that, when the FAIR Plan’s funds run dry, private insurers are required to kick in funding commensurate to their coverage in the state. That’s likely to be passed off to their own consumers ...
“The FAIR Plan has payment mechanisms in place, including reinsurance, to ensure all covered claims are paid.” No matter the financial condition of FAIR after these fires, homeowners will almost ...
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