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 ...
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
California Homeowners Could Get Payouts if Utility Company Started Fires
Southern California Edison's potential liability for the Eaton fire could lead to significant compensation for affected ...
This insurance industry expert issues dire warning of ‘ripple’ from California wildfires — here’s why ‘every state’ will be impacted and how to deal with it ASAP
Homeowners are watching their fire insurance premiums triple — or losing coverage as insurers retreat from the market. Many ...
The Keene Sentinel15d
Six ways to manage workers’ comp costs
Workers’ compensation, on average, costs about 1 percent of your total payroll according to a 2021 report from the National Academy of Social Insurance ... in the Granite State News Collaborative.
coloradopolitics15d
Privatizing Pinnacol: What could it mean for the insurance group, retirement and the state of Colorado
Jared Polis last November suggested allowing Pinnacol Assurance, the quasi-state workers compensation insurance company, to privatize. The privatization, assuming it happens, is a crucial part of the ...
JD Supra19d
DOL Clarifies That FMLA Paid Leave Substitution Rules Apply When Employees Receive State or Local Paid Leave Benefits
However, an employee and employer mutually may agree, subject to state law requirements, that employees may supplement or “top off” benefits from a disability or workers’ compensation ...
CBS News21d
California moratorium on insurance cancellation in LA fire zones expanded by state commissioner
The California insurance ... Lara's final element in his Sustainable Insurance Strategy is also now in effect and enforceable. His office said it is the "state's largest insurance reform in ...
CNN21d
New insurance rules mean homeowners throughout California are likely to pay more after fires
The hikes would come from a potential assessment likely to be levied by California FAIR, the program set up by the state as the insurer of last resort for homeowners whose fire insurance has been ...
San Diego Union-Tribune22d
Will California insurance reforms be enough to stop insurers from leaving?
it isn’t clear if it is enough to stop the exodus of insurers from California. NO: Major insurance companies like State Farm and Allstate had already stopped issuing new policies in California ...