California's insurance reforms, intended to bring relief to homeowners struggling with wildfire coverage, have instead ...
The charges stem from a mandated $1 billion bailout by insurance companies of the state’s last-resort insurance program, known as the FAIR Plan, after it ran out of money to cover roughly $4 billion ...
Home insurance is getting less affordable, and less available, as insurers raise prices and pull back from areas with extreme ...
California's seventh largest home insurer is seeking permission to raise rates on homeowners by an average of 7.3% starting next year.
California Gov. Gavin Newsom and Insurance Commissioner Ricardo Lara promised homeowners insurance relief. It appears they ...
LOS ANGELES, May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate ...
The MarketWatch News Department was not involved in the creation of this content. MELBOURNE, Fla., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Orion180 Insurance, a leading provider of flexible, ...
Since 2022, seven out of the top twelve insurance companies in California have restricted new business by either not writing new property and casualty insurance policies or declining to renew existing ...
The rise in natural disasters, including wildfires and droughts, has taken a heavy toll on California, leading to unprecedented financial impacts. Insurers are bracing for potential losses of $135 ...
We thought we could trust the system,” said a homeowner in Altadena whose insurance policy was canceled only months before ...
USAA, the seventh-largest home insurer in California, is seeking to raise rates by 7.3% for 2026, according to a recent filing with the California Department of Insurance (CDI). If approved, the rate ...
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