Determining fault is crucial in calculating a claim’s worth. California follows a comparative negligence rule, meaning compensation may be reduced if the injured party is partially responsible for the ...
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
Along with this more than fivefold increase in billion-dollar disasters came rising insurance costs - exacerbated by weather disasters striking densely populated areas more frequently, the rising ...