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Gov. Gavin Newsom’s administration released a highly-anticipated proposal meant to speed up California’s review of price increases for home and automobile coverage that the governor said weeks ...
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in ...
California Penal Code 396 automatically goes into effect for the 30 days after an emergency declaration, largely limiting price increases for materials, goods, services, hotels, and rent to no ...
Californians without any insurers in the area can still purchase the property insurance from FAIR, the state’s insurer-of-last-resort, but high rates and limited property value coverage mean it ...
Here's a look at what California Insurance Commissioner Ricardo Lara proposed and how it would affect the state's insurance market: WHAT ARE THE RULES FOR INSURANCE COMPANIES?
But there are steps at-risk homeowners can take now to secure coverage and at lower prices. ... 24/7 Help. For premium support please call: ... California's home insurance crisis: What went wrong ...
In California, minimum coverage car insurance requirements are 30/60/15 effective Jan. 1, 2025. Utah minimum coverage limits will increase to 30/60/25. Virginia limits will be 50/100/25.
California's insurance commissioner on Friday turned down a request by State Farm General for an emergency 22% hike of its home insurance rates due to the Los Angeles wildfires, saying the company ...