Insurer Mercury Says It Will Survive and Prosper Despite California’s Wildfires
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on California’s ...
California seeks $1bn from insurers to strengthen FAIR Plan
The decision was made to ensure the FAIR Plan can continue covering consumer claims following the southern California ...
Storms threaten to cause new damage in fire-scorched Southern California
Officials in California distributed sandbags, prepositioned rescue swimmers and told residents to have their go-bags ready as ...
Opinion: Southern California Grocery Workers Seek Fair Wages and Better Working Conditions
The grocery industry has seen record profits in recent years, but that success has not trickled down to the very people who ...
Could homeowners statewide be charged a fee to help pay for LA wildfire insurance claims? Yes, but not yet.
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
California FAIR Plan gets $1 billion assessment to head off insolvency
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
Date shakes, date churros, and fried dates: Date Fest will feature 40+ treats
DATE SHAKES, those creamy, rich, date-speckled, lightly spiced desert desserts, are a revered topic among Southern ...
UPDATE: Flash flood watch issued for Southern California for Thursday, according to the NWS
An updated flash flood watch was issued by the NWS Los Angeles/Oxnard CA on Wednesday at 12:03 p.m. valid for Thursday between 10 a.m. and 10 p.m. The watch is for Santa Clarita Valley, Ventura County ...
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
Insurancenewsnet.com1d
Lara takes action to ensure FAIR Plan can continue paying consumer claims after the Southern California wildfires
Ordering the insurance companies' FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner Ricardo Lara today took action to maintain its solid ...