California residents may see their home insurance costs increase after the state approved rate increases for two major ...
Wildfires last January destroyed communities around Los Angeles. Homeowners say recovery has been slowed by fights with ...
California's insurance crisis is expected to get even worse after the devastating wildfires raging in the state, and experts say a decades-old law plays a significant role in why insurance companies ...
* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...
A group of property owners affected by the January wildfires is suing major California insurance carriers, including the state's largest, State Farm, accusing them of violating California's antitrust ...
With the California fires, consumer advocates have redoubled their atacks on the "greedy" insurance companies. California congressman John Garamende said from his eight-year experience as insurance ...
Losses from the Los Angeles fires threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to find and keep affordable homeowners insurance. A major concern ...
Commercial drone use by insurance companies is on the rise, with some homeowners reporting insurers are canceling policy ...
Under the proposed legislation, insurers would be prohibited from canceling, nonrenewing or reducing coverage based on aerial ...