Climate impacts raising the costs of home insurance in RI. Here's why.
Experts testify to legislators that insurers are pulling out of coastal areas in RI and raising costs because of risks ...
Associated Press8h
Strong storytelling highlights the real stakes of California’s insurance crisis
AP reporters Sally Ho and Tran Nguyen uncovered how California’s wildfire crisis is deepening inequality in the state’s ...
Home Insurance Stocks Face Big Losses From California Fires. But Investors' Fears Could Be Overblown.
Fire and hurricane losses cast a shadow over insurance stocks. But a deep dive shows several positives lining up for the ...
Santa Rosa Press Democrat1d
California homeowners to face new fees to keep fallback insurance plan solvent
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
State insurance regulations limit options available to homeowners
Re “Home insurance was already hard to get. Then came L.A.’s fires.” (Jan. 19): Having trouble getting fire insurance? We can ...
California homeowners will pay part of FAIR Plan’s $1 billion assessment
California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
California FAIR Plan is running out of money; nearly all homeowners to help bail it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
PBS3d
California faces insurance crisis as homeowners lose coverage amid extreme weather
Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found ...
Newsom wants homeowners in burn areas to get interest earned on insurance payouts
Insurance payouts can accrue significant interest while the money sits in escrow during rebuilding, say proponents of a bill ...
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 ...
Could homeowners statewide be charged a fee to help pay for LA wildfire insurance claims? Yes, but not yet.
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.