Insurance companies run California’s FAIR Plan in secrecy and have stinted on claims and violated state laws, insurance regulators and customers allege. When a massive wildfire tore through Sarah ...
This story originally appeared on Grist and is part of the Climate Desk collaboration. On Tuesday, after a ferocious Santa Ana windstorm blew through Southern California, a severe brush fire broke out ...
The deadly and destructive fires in Los Angeles — which some say could be the costliest in the state’s history — will further strain the insurance market and worsen the financial position of ...
Insurance Commissioner Ricardo Lara has been grappling with the troubled market for his six years in office, and now his controversial plan to reform it will be put to the test after the costliest ...
Gov. Gavin Newsom highlighted the filings during New York City’s Climate Week. SACRAMENTO, California — Five insurance companies are asking for rate hikes under California’s new insurance rules, a ...
Living in California comes with many perks—from sunny weather to booming industries—but affordability isn't always one of them. With higher-than-average living costs and property values, securing ...
California's insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in the wake of the Palisades and Eaton wildfires. And State Insurance ...