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Merastar Insurance Company, ... been corrected with regard to the timing of Allstate's decision to pull back from offering insurance in California, which occurred in November 2022, not earlier in ...
California’s relentless wildfires have sparked not only destruction but a growing insurance crisis, leaving thousands of residents without coverage as the flames consume homes and lives.
State Farm announced last week it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and ...
Months after California's home insurance market was rattled by major companies pausing or restricting their coverage, the state's top regulator said Thursday that he would write new rules aimed at ...
"California's one-two punch—forcing companies to write risky policies while also limiting their ability to charge market rates—would leave insurers with little choice but stop writing new ...
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