This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
California is facing an insurance crisis. Insurance companies are pulling out, leaving businesses and consumers with too few options or soaring premiums. Many homeowners are turning in desperation to ...
Farmers Insurance eliminated the cap on the number of homeowners insurance policies it offers in California, marking a significant step for a state that has been working to stabilize and rebuild its ...
California's FAIR Plan is seeking a 35.8% insurance rate hike due to significant wildfire losses. If approved, the increase would take effect in April 2026, with discounts available for wildfire ...
WE BEGIN WITH BREAKING NEWS. THAT BREAKING NEWS. POTENTIAL RELIEF TO THE STATE’S INSURANCE CRISIS. GOVERNOR GAVIN NEWSOM SAYS SOME OF THE INSURERS WHO LEFT OR LIMITED COVERAGE IN THE STATE OVER RISING ...
The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...
After a year marked by insurance companies pulling out of California, state officials say five major insurers are committing to the state. The California Department of Insurance confirmed to CBS ...
This is read by an automated voice. Please report any issues or inconsistencies here. Insurance Commissioner Lara’s 2023 regulatory overhaul promised to ease California’s insurance crisis but instead ...