California fires: insurance companies fleeing the state due to …
Jan 9, 2025 · 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 …
California’s insurance is in crisis. The solution will cost ... - CNN
Jan 9, 2025 · The rising threat of wildfires, and insurance companies pulling back on offering coverage in the large swaths of California at risk for these devastating disasters, has become …
Why are State Farm and others leaving California's home insurance ...
Mar 29, 2024 · Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can take now …
New insurance rules mean homeowners throughout California …
Jan 17, 2025 · A recent rule change could cause insurance premiums to spike for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a …
California Commissioner Issues Regulation to Allow Reinsurance …
Dec 30, 2024 · California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market …
Newsom takes on insurance crisis with controversial new bill
May 30, 2024 · As the state has faced a dramatic exodus of insurance companies—with some pausing new policies and others pulling out of California entirely—Newsom and state …
California hopes to lure insurance companies back with extreme ... - NPR
Jun 26, 2024 · Insurance companies have dramatically pulled back from offering homeowners policies in California. That's tied to inflation and wildfires fueled by climate change and …
State issues new rule to help fix California's troubled home insurance …
Dec 30, 2024 · The state released another regulation Monday aimed at easing California’s home insurance crisis that will allow insurers to charge homeowners higher premiums to protect …
Things to know about California's new proposed rules for insurance ...
Sep 28, 2023 · SACRAMENTO, Calif. (AP) — Months after California’s home insurance market was rattled by major companies pausing or restricting their coverage, the state’s top regulator …
California insurance crisis deepens as providers pull out of state
Jan 25, 2024 · California homeowners are increasingly running out of options to insure their homes with a private company, as yet another insurer announces its decision to stop offering …