lookout2h
Big homeowners insurance rate hike from State Farm shot down by California regulator
In the wake of the Los Angeles fires, State Farm asked for an "emergency" premium increase of 22% on average for California ...
State Farm must wait on emergency home insurance rate increase bid after California wildfires
Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...
Tougher anti-looting laws and better tax credits? Here’s what lawmakers want after LA fires
State lawmakers are laying out their visions for wildfire recovery. From housing to public safety, here’s what’s on the table.
moonshineink1d
Liberty and Higher Electricity Rates for All
A proposed electricity rate hike in Tahoe raises concerns about affordability, wildfire mitigation costs, and the fair ...
California homeowners will pay part of FAIR Plan’s $1 billion assessment
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
insurancebusinessmag2d
Wildfire re/insurance costs disrupt California housing market – Howden Re
California’s regulatory restrictions on risk-based pricing have made it difficult for insurers to maintain profitability in ...
California’s insurer of last resort runs out of money to pay L.A. fire claims
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...
What does the future of home insurance look like? The FOX 26 News Team takes a look
The FOX 26 News team continues to look at home insurance rates in california..As the state was seeing significant rate hikes especially over the last five years ...
thecooldown5d
Officials release troubling report highlighting volatility of home insurance industry: 'Sending household wealth tumbling'
The U.S. Senate's Budget Committee recently released a report on the struggles of homeowners' insurance against waves of ...