Browsing: California

Recent wildfires in Los Angeles are expected to be some of the costliest in California’s history, with insured losses potentially reaching $40 billion.

California Insurance Commissioner Ricardo Lara has issued a notice providing crucial protections for property insurance policyholders affected by recent wildfires.

The recent wildfires in the Los Angeles area have exacerbated an existing crisis in California’s home insurance market, leaving many residents without adequate coverage.

Insurance Commissioner Ricardo Lara unveils California’s Sustainable Insurance Strategy to address climate change, market challenges, and protect consumers.

California’s insurance commissioner unveils a plan to stem the exodus of insurers from the state, focusing on computer modeling and coverage requirements in high-risk areas.

The recent devastating fires in Los Angeles are expected to further strain California’s already beleaguered insurance market, raising questions about the state’s plan to stabilize coverage.

The California Department of Insurance is cautioning drivers about a surge in tow truck scams that involve holding vehicles hostage and demanding large payments.

Following recent wildfires, State Farm’s request for a significant premium increase is denied, leading to a potential confrontation.

State Farm General is requesting an emergency rate increase in California, citing the financial strain caused by recent wildfires and potential future claims.

The recent wildfires in California are increasing the risk of floods, potentially forcing homeowners to pay for expensive flood insurance.