Los Angeles wildfires magnify California's 'insurance crisis' as ...
1 day ago · The state Department of Insurance issued a new regulation last month meant to turn the tide of some of the largest insurance companies' refusal to take on new customers in …
California home insurance: How LA area wildfires impact market …
11 hours ago · When State Farm decided to discontinue coverage for 72,000 houses and apartments in California last year, it dropped nearly 70% of its market share in Pacific …
The Insurance Crisis That Will Follow the California Fires
5 hours ago · Last week, on the day before New Year’s Eve, California’s insurance commissioner, Ricardo Lara, announced what his office called “a landmark regulation” to improve access to …
California insurance commissioner halts policy cancellations in ...
9 hours ago · California Insurance Commissioner Ricardo Lara speaks during a news conference in a Sacramento, Calif., on Thursday, Sept. 21, 2023. Lara announced a new plan aimed at …
California fires: insurance companies fleeing the state due to …
1 day ago · California's insurance crisis is expected to get even worse after the devastating wildfires raging in the state, and experts say a decades-old law plays a significant role in why …
California’s insurance is in crisis. The solution will cost ... - CNN
1 day ago · Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance …
California bars insurers from dropping fire victims until 2026.
7 hours ago · California bars insurers from dropping fire victims until 2026. What to know. As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is …
California will soon require insurers to ... - Associated Press News
Dec 30, 2024 · SACRAMENTO, Calif. (AP) — Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires became more …
California hopes to lure insurance companies back with extreme ... - NPR
Jun 26, 2024 · Insurance companies have dramatically pulled back from offering homeowners policies in California. That's tied to inflation and wildfires fueled by climate change and …
Why are State Farm and others leaving California's home insurance ...
Mar 29, 2024 · Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can take now …