News

California's workers' compensation insurance rates are among the highest in the country. Regulators want them to be even ...
This story was originally published by CalMatters. Sign up for their newsletters. The Eaton Fire burns in the community of Altadena on Jan. 8, 2025. Photo by Ted Soqui for CalMatters From CalMatters ...
Major floods swamp Southern California as the disaster-riddle state grapples with the consequences of recent wildfires. Major Insurers have stopped providing new coverage in the Golden State And ...
California regulations prohibit insurance companies from using statistical modeling to assess future fire risks when setting rates. Instead, premium increases are based on a minimum 20-year ...
California's insurance crisis now includes the foster care system. The main provider of foster care agencies is dropping its ...
Ricardo Lara, California's insurance commissioner, said in a California Department of Insurance consumer alert: "Modernizing the FAIR Plan is a crucial step in our strategy to stabilize California ...
CALIFORNIA FIRES: INSURANCE COMPANIES DROPPING COVERAGE AND FLEEING THE STATE DUE TO DECADES-OLD LAW. Farmers Insurance Group. Farmers Insurance Group began limiting coverage in California in 2023 ...
Capitol Alert California home insurance in high-risk wildfire areas could be easier to get under new plan By Stephen Hobbs. Updated June 12, 2024 10:08 PM.
A California judge has ruled the state's bare-bones home insurance program's handling of smoke damage claims is unlawful, a decision that could have wide-ranging implications as insurers ...
It’s the biggest reform to the insurance market since a 1988 voter-approved proposition. “Modernizing the FAIR plan is a crucial step in our strategy to stabilize California’s insurance market,” Lara ...
SACRAMENTO, Calif. — As California struggles to keep some of the nation's largest property insurers in the state, California Insurance Commissioner Ricardo Lara on Wednesday told state lawmakers ...
LOS ANGELES (KESQ) - California Insurance Commissioner Ricardo Lara "provisionally'' approved State Farm General's request for an emergency 22% increase in its homeowners insurance rate today ...