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Citizens' action arrives at a time when older condominiums are getting increased scrutiny, including new requirements to pass building inspections and undergo studies of condo associations ...
Tens of thousands of customers of state-owned Citizens Property Insurance Corp. are getting a stunning surprise in their mailboxes. It’s a letter from Citizens’ “Depopulation Unit” stating ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.
Barry Gilway was hired on June 18, 2012, as president and chief executive officer of Citizens Property Insurance Corporation, [14] replacing Tom Grady. [15] With 42 years of experience in the insurance industry, he has a reputation as a turnaround specialist. [16] He was keenly aware that his first priority was to shrink the number of Citizens ...
Subdivision laws enforced by the Department help ensure that subdividers deliver to buyers what was agreed to at the time of sale. Before subdivided real property can be marketed in California, subdividers must obtain a public report from the Department disclosing to prospective buyers pertinent information about a particular subdivision. [8]
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The Automobile Club of Southern California is the Southern California affiliate of the American Automobile Association (AAA) federation of motor clubs.The Auto Club was founded on December 13, 1900, in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws, and improvement of overall driving conditions.
A report from Weiss Ratings, a Palm Beach Gardens ratings agency, found that the state-backed insurer of last resort closed homeowner claims without a payment 50.4% of the time in 2023.
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