Two of the five largest home insurers in California will each raise rates by an average of 6.9% later this year.
The California Department of Insurance continued the momentum toward improving insurance options statewide. The Department announced it had completed the review of three forward-looking wildfire ...
This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its policy count.
The California Department of Insurance (CDI) has approved the Verisk Wildfire Model for insurers to assess wildfire risk, marking a significant advancement in California's insurance sector. This model ...
The California Department of Insurance has commissioned a task force to develop a first-in-the-nation smoke damage standard that could be the blueprint for a national standard. Once thought of as a ...
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize ...
The state’s law requiring fair treatment by insurers has largely been unenforced. Fire victims are left with delays, ...
OAKLAND, Calif. (KGO) -- The California Department of Insurance will host its first hearing on Tuesday to determine whether State Farm should be granted a nearly billion-dollar "emergency rate hike." ...
California’s Department of Insurance has worked to repair the broken insurance system, but the LA fires threaten to undo the progress the state has made. The burnt remains of a building where once ...
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on private insurers to ensure it can continue paying claims from the devastating ...
Consumer and taxpayer advocacy organization Consumer Watchdog announced Tuesday that it is suing the California Department of Insurance and its commissioner, Ricardo Lara, over what it calls ...
Two lawsuits allege major home insurance companies have colluded to limit coverage in wildfire-prone California communities and force homeowners onto the state's last-resort insurance plan . As more ...