The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

Car insurance prices are more than double the cost compared to five years ago, forcing drivers to cut or reduce their coverage to afford premium costs.

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 ...

We recently compiled a list of the 12 Best Property & Casualty Insurance Stocks to Buy Now. In this article, we are going to ...

California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said ...

CINF earnings call for the period ending December 31, 2024. Cincinnati Financial ( CINF 2.81%) Q4 2024 Earnings Call Feb 11, ...

One major advantage of this shift is Tesla’s ability to leverage its extensive driving data. Although California does not ...

USA Herald [LOS ANGELES, CA] - California is in the middle of a growing auto insurance crisis, with a surge in uninsured drivers and rising premiums leaving many vulnerable, especially in the wake of ...

Analysts have estimated the fires will cost the whole insurance industry around $30 billion. Greenberg said the company has reduced its coverage in Southern California by over 50%, though he didn ...

property insurance companies dropped coverage in many neighborhoods of the city, citing the growing wildfire risks caused by climate change. As a result, a fast-growing number of California ...