The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
Jessica Mendoza: Sandra and her family lived in that house for 38 years, and the whole time, the property was covered by California's biggest insurer, State Farm. That was until last year.
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires ...
In the wake of last month’s Los Angeles fires, California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for California homeowners ...
State Farm General has 20% market share, and said it “must seriously consider its options within the California insurance ...
Liberty Mutual is anticipating losses from recent wildfires in California to exceed $1.4bn, this publication understands.
Progressive announced in its January report that it saw $43mn in catastrophe losses, with 72% of those losses occurring in personal property. The carrier’s personal lines net cat loss ratio totaled ...
It has been more than a month since the harrowing wildfire ... landscape in California, prompting insurers to lighten their rolls and reduce their risk. Allstate and State Farm eventually stopped ...
It took only about three weeks for insurance companies to start their push for all California property owners and renters to subsidize the payouts going to burned-out mansion owners in the wake of ...
A pickup truck crashed into a Cheyenne couple’s home last fall, causing at least $30,000 damage. Now State Farm Insurance is ...
Proposed legislation could force insurers in California to pay 100 percent of the coverage for belongings inside homes ...
If nothing else, the Los Angeles fires underscored the absolutely vital role of having a healthy insurance market in California.