California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
MarketWatch11d
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
Many Americans are paying much more for their homeowner insurance these days — but Americans living in areas exposed to intense weather fueled by climate change are paying even more money ...
The Conversation17d
I’m an economist. Here’s why I’m worried the California insurance crisis could trigger broader financial instability
It seems clear to me that a new paradigm is needed. California provided the beginnings of such a paradigm with its Fair Access to Insurance program, known as FAIR. When it was created in 1968 ...
CNN21d
New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause insurance premiums to spike for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in ...
Marketplace21d
California insurance commissioner on navigating the insurance maze after LA’s fires
California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after ...
Fox 5 San Diego21d
LA fires increase concerns about future of California’s struggling insurance market
OCEANSIDE, Calif. (FOX 5/KUSI) — The devastation from the Los Angeles wildfires is worsening concerns about the already struggling insurance market in California. Insurance brokers in the Golden ...
San Diego Union-Tribune22d
Will California insurance reforms be enough to stop insurers from leaving?
A major concern out of the destruction is not just the people without insurance, but the fear other homeowners will lose coverage after the devastation. California Insurance Commissioner Ricardo ...
JD Supra22d
California’s New Requirements for Buyer-Broker Representation Agreements
As of Jan. 1, 2025, California law mandates a written ... s requirements could lead to rescission and potential licensing law violations, brokers are well-advised to carefully review the new ...
Seeking Alpha22d
Insurance Fallout Of The California Fires
Insurance companies are adapting by raising prices, being more selective in underwriting, or exiting high-risk markets like California due ... securities dealer, broker or US investment adviser ...
LAist22d
Altadena has avoided California’s fire insurance hell. That won’t last.
Even before the fire, most homeowners in the Palisades and on the shoreline near Malibu could no longer secure traditional insurance coverage, which meant they had to rely on the California FAIR ...