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 BOOKMARKER ...

State Farm is one of the insurers under pressure for backing out of the California home insurance market. Even though the ...

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 ...

WATCH: New California rule will soon require home insurance companies to offer more coverage in high-risk areas New California rule will soon require home insurance companies to offer more ...

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.

Since 2022, seven out of the top twelve insurance companies in California have restricted new business by either not writing new property and casualty insurance policies or declining to renew ...

State homeowners are facing rising home insurance costs. Several major insurance companies have reduced coverage in California or stopped issuing new policies in high-risk areas altogether, citing ...

By TRÂN NGUYỄN, Associated Press. SACRAMENTO, Calif. (AP) — Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities ...

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 ...

Three of California’s largest home insurance companies declined nearly half of their claims in 2023, well above the national average, according to a ratings agency report reviewed by The Times.