This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
As the insurance industry threatens to leave the state unless they get less regulation and higher rates, politicians make ...
Consumer advocates cite an ongoing crisis while industry representatives say recent regulatory changes are just taking effect ...
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize ...
California’s property insurer of last resort continued to grow in the final months of 2025, giving it more than twice as much ...
The California FAIR Plan released new numbers showing enrollment continues to grow, adding 21,859 residential policies in the final three months of 2025. In contrast, six insurance companies that ...
* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...
Two of the five largest home insurers in California will each raise rates by an average of 6.9% later this year.
The deadly wildfires caused more than $40 billion in insured losses and hit an insurance industry already beset by challenges.
The January 2025 firestorms unleashed a flood of litigation, regulation and ratemaking requests from major insurers in ...
New proposed legislation focuses on accelerating wildfire catastrophe claims payments, transparency of claims decisions, ...
Fewer than a fifth of burned-out homes in Altadena have been issued rebuilding permits, county records show, let alone started construction. After an early rush of property sales, some homeowners have ...