The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
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 ...
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 ...
California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after ...
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 ...
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 ...
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 ...
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 ...
While state officials have finally introduced some modest but sensible insurance reforms, these won’t mean much in the face of a potential $150 billion in damages. It’s not as if California’s leaders ...
California’s Department of Insurance has worked to repair the broken insurance system, but the LA fires threaten to undo the progress the state has made. The burnt remains of a building where ...
Gavin Newsom’s reading list, but had it been, he would have known that California’s teetering insurance system was just one particularly bad wildfire away from disaster. Sure, he knew that ...
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