Browsing: California

Global specialist insurer Hiscox has partnered with Bellwether, a team from Alphabet’s X, to improve wildfire risk modelling in California, enhancing insurance availability for homeowners in wildfire-prone areas.

California homeowners are struggling to find affordable insurance as major providers pull out of the market, citing extreme weather risks and rising rebuilding costs.

California’s property insurance market faces unprecedented challenges due to escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety net, the California FAIR Plan.

State Farm discusses the challenges facing California’s insurance market and the need for reform to ensure long-term sustainability.

Insurance markets in states like California, Florida, and Louisiana are facing a crisis due to climate change, with regulators exploring solutions to rising costs.

Discover the top small business insurance providers in California for 2025, including Mercury Insurance, AIG, and Chubb, with expert reviews and ratings.

Recent wildfires in California have highlighted the importance of adequate insurance coverage for homeowners, with many found to be underinsured or completely uninsured.

Recent wildfires in California have highlighted the critical need for homeowners to have adequate insurance coverage. A significant number of policyholders are underinsured, risking financial disaster in the event of a catastrophe.

A recent study by the California Board of Equalization reveals that half of California homeowners lack sufficient insurance coverage, leaving them vulnerable to financial ruin in the event of a disaster.

Experts discuss challenges in California’s homeowners insurance market, including rising premiums and construction costs