Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or ...
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing ...
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false." ...
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing residents of Southern California.