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California’s insurance market is in shambles. The storms and floods that battered the state early this year, causing between $500 million and $1.5 billion in insured losses, were just the latest ...
Capitol Alert California home insurance in high-risk wildfire areas could be easier to get under new plan By Stephen Hobbs. Updated June 12, 2024 10:08 PM.
In California, our ongoing partnership with the governor and Legislature is critical to improving conditions for the consumers, homeowners and businesses that make up our insurance marketplace ...
Kristian Fors is author of “Why California’s Home Insurance Market Collapsed—and How to Fix It.” He is director of the California Golden Fleece ® Awards at the Oakland-based Independent ...
California's Department of Insurance released rules meant to encourage insurers to write more policies in high-fire-risk areas by using computer modeling.
California's workers' compensation insurance rates are among the highest in the country. Regulators want them to be even ...
Ricardo Lara, California's insurance commissioner, said in a California Department of Insurance consumer alert: "Modernizing the FAIR Plan is a crucial step in our strategy to stabilize California ...
NO: Insurance company stocks with California exposure are down from 5% to 20%, implying several billion in lost value, less than the billions of fire related losses, but significant. If the state ...
California is in the middle of a wildfire crisis. Nine of the 10 largest fires in the state’s history have occurred in the past seven years, as have 13 of the 20 most destructive.
Major floods swamp Southern California as the disaster-riddle state grapples with the consequences of recent wildfires. Major Insurers have stopped providing new coverage in the Golden State And ...