Before the world watched on as wildfires engulfed large swathes of California early in 2025, an insurance crisis was already starting to heat up. In the months and years before the disastrous 2025 ...
The American Property Casualty Insurance Association (APCIA) has praised the insurance industry after the release of ...
LOS ANGELES — A group of California homeowners is taking on insurance companies that they say illegally coordinated to deny coverage to fire-prone areas, leaving thousands of displaced residents ...
While insurance affordability is an increasingly urgent issue nationwide, California homeowners continue to report relatively modest average costs compared to many other states. Data from the U.S.
Today is a pivotal day for California’s home insurance crisis, especially if your insurance company dropped you. Companies can now start submitting new catastrophe computer models to the state. It’s ...
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire. The state regulator has a ...
LOS ANGELES, May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate ...
California's third-largest home insurer is seeking a 6.9 percent increase in its homeowner policy premiums under a recent regulatory reform that lets companies charge more in exchange for continuing ...
New Safe Homes grants program, taking effect on Jan. 1, 2026, could begin taking applications in the spring, CA insurance department says.
Citing data released by the CDI on Dec. 31, Ritter said insurers have paid more than $22.4 billion across 42,121 wildfire ...
Market Adjustments: Some insurance companies have scaled back their offerings in high-risk regions due to increased losses. As a result, some homeowners need to turn to alternatives such as the ...