More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...
A round up of announcements and actions by the state's insurance regulator, a consumer advocate and an industry trade association.
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs ...
At least 29 people are believed to be dead and more than a dozen others remain unaccounted for as multiple wildfires rage ...
INSURANCE PAYOUT: Insurance companies have already paid out $4.2 billion in claims related to the Palisades and Eaton fires, ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
While less than half of the more than 30,000 claims have been even partially paid, the damages have already exceeded four billion dollars.
In a statement released Thursday, Jan. 30, the California FAIR Plan reported ... provided Insurance Commissioner Ricardo Lara approves such an “assessment.” Those insurance companies can ...
With at least 28 lives lost, more than 12,000 structures destroyed, 80,000-plus people who were or still are under evacuation orders and damage estimates in the tens of billions of dollars, the Los An ...