Browsing: California

Chief Financial Officer Mark Schwamberger announced the company’s continued state-by-state operational strategy following a year of financial recovery and ongoing discussions with California regulators regarding proposed rate increases.

Despite having a significant share of the nation’s housing stock, California’s flood insurance coverage lags behind the national average, according to recent data.

Despite potential flood risks, a relatively small percentage of California homeowners carry flood insurance, leaving many vulnerable to water damage.

Devastating Los Angeles fires exacerbate California’s insurance woes, testing the state’s plan to stabilize the market and increasing the financial strain on the insurer of last resort.

After reporting a significant profit and navigating controversy over potential policy drops in California, State Farm’s CFO outlines the company’s operational strategy.

As homeowners rebuild after devastating wildfires, disparities in insurance coverage highlight a growing crisis across the United States.

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.