Allstate, one of the largest US insurance companies, has joined State Farm in no longer accepting new applications for homeowners insurance in California, citing catastrophic events like natural ...
This year has been particularly hard for the state due to a devastating combination of storms, floods, drought, and fire.
The deadline for a deal to address the home insurance market came and went in the California Legislature, but the problem ...
California Gov. Gavin Newsom announced massive changes to the state’s home insurance market on Thursday, just weeks after a ...
The effects of climate change have complicated home insurance for Californians, leading some companies to flee the state. But a new deal is now encouraging those same insurers to return.
The actions of the nation’s biggest state could have implications for U.S. consumers, as more carriers leave disaster-prone ...
Fire: Fire damage to a neighborhood after a wind-driven wildfire burned through a canyon in Laguna Niguel on May 11, 2022. Photo by Mike Blake, Reuters A week after negotiations to rescue California’s ...
SACRAMENTO, Calif. - Gov. Gavin Newsom and California's Insurance Commissioner said they are overhauling the regulation of ...
California will now let insurance companies consider climate change when offering policies, in exchange for a mandate ...
San Francisco might not be the only California colossus in a so-called “doom loop.” The property and casualty insurance ...
California’s insurance commissioner announced a new regulatory plan backed by the industry that would allow insurers to ...
Your home insurance company needs to know how likely you are to file a claim to decide how much to charge you, or whether to ...