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State Farm, California’s largest insurance company, this week urged the state to approve an emergency rate hike of 22% for homeowner policies starting in May after processing nearly 8,700 claims ...
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.
California’s elected insurance commissioner has asked the state’s insurers to make maximum payments for the contents of homes destroyed in last month’s Southern California fire disaster ...
Rep. Maxine Waters, a Democrat from California whose district includes parts of Los Angeles, told CBS MoneyWatch she will soon re-introduce a bill called the Wildfire Insurance Coverage Study Act ...
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more ... California does have an insurance program under the Fair Access to Insurance ...
A new online tool that tracks insurance payouts stemming from wildfires that devastated parts of Los Angeles County shows more than $4 billion has been paid so far, largely to replace lost ...
In 2024, the California Department of Forestry and Fire Protection, known as Cal Fire, battled 8,024 wildfires that burned more than 1,000,000 acres of land, and damaged or completely destroyed ...
Due to California's wildfire insurance crisis, homeowners in fire-prone areas are facing increasingly high rates or losing coverage altogether. Don't miss Car insurance premiums in America are ...