California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
California FAIR Plan is running out of money, forcing extra charges onto most homeowners
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
Travelers Expects $1.7 Billion In Catastrophe Losses From California Wildfires
The Travelers Companies, Inc. (NYSE: TRV) announced Tuesday that it expects $1.7 billion in pretax catastrophe losses from the California wildfires that swept through the state in January. After taxes ...
Hosted on MSN8h
$1.1 Billion Loss For Allstate Amidst California Fires
Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...