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California's workers' compensation insurance rates are among the highest in the country. Regulators want them to be even ...
The deal was reportedly being negotiated by California Insurance Commissioner Ricardo Lara, Gov. Gavin Newsom’s office and legislative staff, with input from insurance companies and their lobbyists.
CALIFORNIA FIRES: INSURANCE COMPANIES DROPPING COVERAGE AND FLEEING THE STATE DUE TO DECADES-OLD LAW. Farmers Insurance Group. Farmers Insurance Group began limiting coverage in California in 2023 ...
Dwelling and commercial policies in the state have increased by 123 percent and 161 percent respectively over the last four years, according to recent California Fair Plan Property Insurance data.
Capitol Alert California home insurance in high-risk wildfire areas could be easier to get under new plan By Stephen Hobbs. Updated June 12, 2024 10:08 PM.
Insurance companies must provide policies in wildfire-prone areas if they want to continue doing business in California, according to a new state regulation announced on Monday.
LOS ANGELES, California, May 18-- Consumer Watchdog issued the following news release on May 16, 2024: In a consumer alert video released today Consumer Watchdog warns that a low-benefit, high ...
The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect Southern California residents affected by the recent fires.
A California law passed in 1988 and its regulations play a significant role in why insurance companies are fleeing the state, experts say.
California is in the middle of a wildfire crisis. Nine of the 10 largest fires in the state’s history have occurred in the past seven years, as have 13 of the 20 most destructive.
Auto insurance rates are increasing throughout California for a number of reasons. But there are ways to cut costs on your premiums, experts say.
California's wildfire crisis is reshaping the home insurance landscape, with significant financial implications even for homeowners far from fire-prone areas. Changes to the state's Fair Access to ...