A week after negotiations to rescue California's floundering home insurance market stalled out in the Legislature, the state's top insurance regulator put out his own rescue plan that effectively ...
Beginning in late 2022, three of California's largest insurers either completely paused or greatly limited new home insurance applications, destabilizing the insurance market. Allstate and State ...
The actions of the nation’s biggest state could have implications for U.S. consumers, as more carriers leave disaster-prone ...
SACRAMENTO, Calif. - Gov. Gavin Newsom and California's Insurance Commissioner said they are overhauling the regulation of ...
Unlike most states, California heavily regulates its property insurance market. In 1988, California voters approved Proposition 103. It said insurance companies had to get permission from the state ...
The deadline for a deal to address the home insurance market came and went in the California Legislature, but the problem ...
As disaster risks grow in vulnerable areas, insurers are pulling back from offering the kinds of coverage that are becoming ...
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Your home insurance company needs to know how likely you are to file a claim to decide how much to charge you, or whether to ...
According to our analysis of 174 home insurance companies, Westfield has the best homeowners insurance. American Family and USAA also get 5 stars in our rating. Westfield has a low average annual ...
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer C ...
In the aftermath of extreme weather events, major insurers are increasingly no longer offering coverage that homeowners in areas vulnerable to those disasters need most. At least five large U.S ...