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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 ...
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 ...
Insurance companies run California’s FAIR Plan in secrecy and have stinted on claims and violated state laws, insurance regulators and customers allege. Jan. 19, 2025, 2:13 PM EST By Gretchen ...
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 ...
State Farm is one of the insurers under pressure for backing out of the California home insurance market. Even though the ...
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