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California's workers' compensation insurance rates are among the highest in the country. Regulators want them to be even ...
California introduces wildfire catastrophe model to stabilize insurance. Find out how this affects homeowners, as premiums ...
Major floods swamp Southern California as the disaster-riddle state grapples with the consequences of recent wildfires. Major Insurers have stopped providing new coverage in the Golden State And ...
California regulations prohibit insurance companies from using statistical modeling to assess future fire risks when setting rates. Instead, premium increases are based on a minimum 20-year ...
Capitol Alert California home insurance in high-risk wildfire areas could be easier to get under new plan By Stephen Hobbs. Updated June 12, 2024 10:08 PM.
This story was originally published by CalMatters. Sign up for their newsletters. The Eaton Fire burns in the community of Altadena on Jan. 8, 2025. Photo by Ted Soqui for CalMatters From CalMatters ...
Ricardo Lara, California's insurance commissioner, said in a California Department of Insurance consumer alert: "Modernizing the FAIR Plan is a crucial step in our strategy to stabilize California ...
LOS ANGELES (KESQ) - California Insurance Commissioner Ricardo Lara "provisionally'' approved State Farm General's request for an emergency 22% increase in its homeowners insurance rate today ...
SACRAMENTO, Calif. — As California struggles to keep some of the nation's largest property insurers in the state, California Insurance Commissioner Ricardo Lara on Wednesday told state lawmakers ...
It’s the biggest reform to the insurance market since a 1988 voter-approved proposition. “Modernizing the FAIR plan is a crucial step in our strategy to stabilize California’s insurance market,” Lara ...
California homeowners are struggling with growing premiums as the state faces a home insurance crisis. A neighborhood of single family homes in Los Angeles, California, pictured on July 30, 2021.