California Bans Insurance Policy Cancellations In Boost To Property Owners. The Insurance Industry Prepares For Record-Breaking Losses
The yearlong ban that California’s insurance authority rushed to impose on cancellations in parts of Los Angeles hardest hit ...
California moratorium on insurance cancellation in LA fire zones expanded by state commissioner
The California insurance commissioner expanded the emergency protections covered by his recent moratorium for Southern ...
California’s Insurance System Faces Crucial Test as Losses Mount
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that ...
New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los ...
How California’s catastrophic wildfires are inflaming the state’s insurance crisis
The wildfires scorching Southern California are turning entire neighborhoods into ash, decimating expensive properties and ...
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California overhauled its insurance system. Then Los Angeles caught fire.
Over the past five years, California has become a poster child for what climate-fueled weather disasters can do to a state’s ...
California Homeowners Unaffected by Wildfires Could Get New Insurance Bill
Changes in California's Fair Access to Insurance Requirements (FAIR) plan could mean higher expenses for homeowners after ...
How Wildfires Upended California’s Insurance Market
With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is ...
California Adds More ZIP Codes to Insurance-Cancellation Ban
California sought to protect more Los Angeles-area homeowners from potentially losing their home-insurance policies as ...
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California insurance commissioner on navigating the insurance maze after LA’s fires
California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after ...
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Reinsurance retreat deepens California wildfire insurance crisis
The limited exposure of reinsurers reflects a strategic reduction in their natural catastrophe risk exposure in recent years.
CA Insurance Commissioner won’t guarantee L.A. fires won’t increase rates elsewhere
The devastating wildfires burning in Southern California could have financial ramifications for residents across the state.