Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
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 Keep Rising and Drivers Are Struggling to Keep Up
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.
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
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 ...
Is The Allstate Corporation (ALL) the Best Property & Casualty Insurance Stock to Buy Now?
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 $1 billion LA wildfire bill highlights insurers' struggle, analysts say
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
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 ...
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California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
Reforms passed last year allow insurance companies to pass half of the assessment, or $500 million, to policyholders, which ...