Browsing: California

Allstate Corp.’s financial report reveals substantial losses from the January wildfires in the Los Angeles area, prompting discussion of increased climate-driven risks and impacts on the insurance industry and the local economy.

The California Department of Insurance has issued a public service announcement (PSA) warning drivers about a rise in vehicle hostage scams occurring throughout Southern California involving tow truck companies. The Department’s Inland Empire Automobile Insurance Fraud Task Force has investigated multiple cases, including one that led to the arraignment of 16 residents.

State Farm is seeking an emergency rate increase for homeowners insurance in California following the Los Angeles County wildfires. Consumer advocates are criticizing the request, citing the company’s financial status.

Compare top pet insurance providers in California to find the best coverage for your dog or cat and save on vet bills.

A comprehensive overview of the California Department of Insurance’s Sustainable Insurance Strategy, its goals, and its impact on homeowners and the insurance market.

California Insurance Commissioner Ricardo Lara extends emergency protections to include homeowners in areas surrounding the Hughes Fire, offering a critical insurance boost.

New regulations in California aim to provide pet owners with clearer information about insurance coverage and costs, potentially influencing the pet insurance landscape nationwide.

California’s Insurance Commissioner, Ricardo Lara, has denied State Farm’s request for an immediate rate increase following the Los Angeles fires, demanding more information and setting up a potential confrontation.

AM Best’s commentary highlights the increasing challenges in California’s property insurance sector, driven by severe wildfires and insurer pullbacks.

State Farm General Insurance Company provides updated information regarding its financial condition and dealings with the California Department of Insurance in light of recent wildfires and rate requests.