The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
Car insurance rates in California increased by nearly 50% in 2024, according to a recent report, with full coverage now costing drivers an average of $2,575 annually—11% more than the national ...
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
While the President has limited power over state-regulated insurance, strategic actions can influence California insurers ...
ABC 7 Los Angeles on MSN10h
Fire-ravaged L.A. areas faced high non-renewal rates for home, fire insurance before disaster struckDropped from your home or fire insurance? See which Southern California zip codes have the highest non-renewal rates.
Unless governments take on the financial burden of serious mitigation efforts, the price of California’s fire risk will ...
In a new commentary, AM Best notes that policyholders in California had increasingly turned to the state's insurer of last resort and nonadmitted market for homeowners' coverage prior to the wildfires ...
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