California Insurance Commissioner demands more answers from State Farm on proposed rate hike
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Dallas Examiner1d
The climate driven insurance crisis
The climate crisis is affecting American households, causing higher utility bills, health care costs, and insurance premiums ...
U.S. Insurers AIG, TRV, ALL and CB Project Billions of Losses from California Wildfires
The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...
Allstate Is Demanding That We Delete These Quotes by Its Exec About Using How It's Using AI to Write Insurance Emails
There's a good chance the email you just received from your insurance company was drafted by an AI — and the optics of such ...
Evacuations issued in Southern California as heavy rain brings threat of debris flows in areas scarred by wildfires
The strongest storm to impact parts of California in over a year has arrived and was drenching more than 600 miles of the ...
California fire insurer of last resort to be bailed out by assessments on other insurers
California’s state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
Waco Tribune-Herald1d
Californians brace for flooding in areas torched by wildfires as freezing rain, snow aim for Oregon
Rain has begun falling in California where an atmospheric river is expected to bring heavy downpours, winds and flooding to ...
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.
InsuranceNewsNet2d
Bay Area homeowners likely to pay forfCalifornia FAIR Plan insurance bailout
Bay Area homeowners will likely be on the hook for a share of a massive bailout of California "s insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...
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 of SoCal wildfires ...
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 ...