News

A longtime customer of Farmers Insurance is facing a nearly 400% increase in her yearly homeowner’s insurance premium.
The company plans to offer California homeowners an option to buy more affordable insurance coverage in wildfire-distressed ...
Millions of Californians in fire-risk areas have lost property insurance through non-renewals, and cost of an average premium ...
Mercury Insurance, a provider of property and casualty insurance, is preparing a homeowners insurance rate filing using the California Department of ...
Millions of Californians in fire-risk areas have lost property insurance through non-renewals, and cost of an average premium ...
Key approvals underway at the California Department of Insurance will clear the way for major insurers to request rate hikes.
'Without significant policy intervention, these properties will eventually become worthless.' The warning comes just six ...
This move, aimed at stabilizing the insurance market in high-risk areas over the long run, could possibly lead to higher ...
As wildfire activity continues to trend above normal in California, owners and operators of multifamily housing must accept ...
The legal fight highlights a growing tension in California’s insurance market, where major carriers have scaled back coverage ...
California has not previously allowed insurers to use catastrophe modeling in determining premiums. That changed Thursday.
The California Department of Insurance (CDI) has completed its review of the Verisk Wildfire Model for the US, approving it ...