For years, we’ve known that California is a kindling box, waiting for the next spark to ignite another catastrophic fire, writes Assemblyman David Tangipa.
The Farmers Exchanges, which include Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange, have ...
If nothing else, the Los Angeles fires underscored the absolutely vital role of having a healthy insurance market in California.
The inevitable result of a fracturing private insurance market will be the socialization of disaster losses, as seen in ...
SAN DIEGO – California faces a major insurance crisis – and state politicians are to blame. California homeowners are getting hurt with massive spikes in their insurance rates that range from 40% ...
Farmers Insurance said claims from the Los Angeles fires will cost it at least $600 million, a substantially smaller initial ...
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Hosted on MSNHome Insurance Stocks Face Big Losses From California Fires. Will Investors Foot The Bill?Fire and hurricane losses cast a shadow over insurance stocks. But a deep dive shows several positives lining up for the ...
The devastating wildfires in the Los Angeles region earlier this year have caused enormous financial strain on recovery mechanisms, such as the ...
Well before Helene’s floodwaters reached western North Carolina, an overwhelmed U.S. insurance market was already dropping coverage in places that are prone to disaster — and even in towns and ...
From insurance to affordable housing mandates, California's regulatory noose tightens over wildfire rebuilding efforts.
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
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