California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...
California senator questioned in FBI investigation is tapped again to lead Insurance Committee
Susan Rubio, a Democrat from Baldwin Park, will refill the vacancy that Senate leaders briefly left open for a few weeks ...
California nurse says fire insurance on her 90-year-old parents’ home of 75 years was canceled right before LA wildfires — so she stepped up to defend it
Armed with nothing more than a garden house, ER nurse Lynn Levin Guzeman tried to save her parents’ home of 75 years from flames in Hastings Ranch, California. She says the insurance company canceled ...
The Bond Buyer1d
Rebooted bill would allow bonds for California's last-resort insurer
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
Will Southern California's wildfires drive up Arizona homeowners insurance rates?
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs ...
California fires live updates: Newsom signs $2.5 billion relief package for LA
"Good Morning America" kicked off its "SoCal Strong" (#SoCalStrong) coverage on Friday, highlighting the impacted communities ...
Insurance Insider4d
State Farm has paid out nearly $500mn on California wildfire claims
In a customer advisory, State Farm revealed that so far it has received over 10,100 total home and auto claims and has paid ...
Los Angeles Times8d
Some L.A. fire victims are not getting claims advances as required by law, state says
Insurance Commissioner Ricardo Lara alleged Thursday. In response, Lara issued a bulletin reminding all California insurers that the law requires victims who have suffered total losses to get ...
Digital Insurance3d
Essential information for California wildfire survivors
A round up of announcements and actions by the state's insurance regulator, a consumer advocate and an industry trade association.
First the fires, now the fight: Flaws in California insurance plan will test L.A. homeowners
An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the ...
Affected by the Wildfires in Southern California? You Might be Safe From Home Insurance Cancellations Through 2026
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.