Browsing: California

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.

The Second Appellate District of the California Court of Appeal upheld a lower court’s decision that wildfire debris on a property doesn’t constitute “direct physical loss” if no burn damage occurred, impacting homeowner insurance claims.

California Governor Gavin Newsom signs legislation aimed at reforming pet insurance and protecting policyholders.

New legislation aims to stabilize California’s property insurance market by expanding FAIR Plan coverage, extending moratoriums, and establishing a commission to study community hardening programs.

Governor Newsom enacts new measures to help with pet care costs, improve consumer protections for pet insurance, and expand access to low-cost spay and neuter services, addressing overcrowding in animal shelters.

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.