California home insurance: Companies can submit catastrophe models to the state By Chris Chmura and Alyssa Goard • Published January 2, 2025 • Updated on January 4, 2025 at 12:33 pm ...

The company plans to offer California homeowners an option to buy more affordable insurance coverage in wildfire-distressed ...

LOS ANGELES — A group of California homeowners is taking on insurance companies that they say illegally coordinated to deny coverage to fire-prone areas, leaving thousands of displaced residents ...

Why have major insurance companies pulled out of California? California's current home insurance challenges can be traced back to Proposition 103. This law, enacted in 1988, requires insurers to ...

Survivors continue to rally for accountability from insurance carriers, as they face the prospect of hikes in rates after the ...

From 2012 to 2021, the national average direct underwriting profit for homeowners’ insurance companies was 3.6 percent. In California, it was negative 13.1 percent.

Local homeowners and insurance agents and brokers are concerned that with the current wildfires, their homes won't be covered by homeowner's insurance if a similar event were to happen here.

Insurance Commissioner Ricardo Lara said in a statement, "Insurance companies are pledging their commitment to California, and we will hold them accountable for the promises they have made." ...

In a survey of national claims handled by the state’s leading home insurance companies, affiliates of Los Angeles-based Farmers Insurance topped the list, denying about 50% of claims for payment.

Insurance companies must provide policies in wildfire-prone areas if they want to continue doing business in California, according to a new state regulation announced on Monday. The new rule will ...

A bill that would allow victims and insurance companies to seek damages in court from fossil fuel companies after weather disasters was introduced Monday in the state legislature by Sen. Scott ...