California residents have switched to a state-backed “last resort” insurance plan that is now facing staggering loss ...
In a customer advisory, State Farm revealed that so far it has received over 10,100 total home and auto claims and has paid ...
California Automobile Insurance Company won state approval for a 12% rate increase that will affect nearly 600,000 homeowners, condo owners, and renters in the Golden State.
Although insurance availability will increase, premiums may well skyrocket even further New California Insurance Commission ...
As of this writing on Jan. 14, fires in the Los Angeles Basin have destroyed more than 10,000 structures (threatening another 52,000+) and burned more than 48,000 acres — and that’s just the Eaton ...
Susan Rubio, a Democrat from Baldwin Park, will refill the vacancy that Senate leaders briefly left open for a few weeks ...
"Good Morning America" kicked off its "SoCal Strong" (#SoCalStrong) coverage on Friday, highlighting the impacted communities ...
Some policyholders who suffered total losses in L.A. fires are not getting claims advances for their living expenses and loss ...
Steven Greenhut joins us to discuss how California’s ongoing insurance crisis could be a double whammy for Southern California wildfire victims looking to rebuild. He gives the history of the state’s ...
As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it will never be the same again, because ...
A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their home is near a site affected by wildfires.
But these historic fires will bring another crisis to a boil: insurance markets in California. A Jan. 15 Wall Street Journal article reported "a little noticed rule change last year by California's ...