A chimney remains standing in a home destroyed by the Eaton Fire in Altadena on Jan. 8, 2025. Photo by Jules Hotz for From economy reporter Levi Sumagaysay: Insurance companies have paid out $4.2 ...
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...
CalMatters reports on the alarming issue of home development in highly flammable areas in the state of California.
The post California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones appeared ...
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs ...
A round up of announcements and actions by the state's insurance regulator, a consumer advocate and an industry trade association.
With at least 28 lives lost, more than 12,000 structures destroyed, 80,000-plus people who were or still are under evacuation orders and damage estimates in the tens of billions of dollars, the Los An ...
As wildfires ravaged through parts of California, including Simon Senior-Eaks’ hometown of downtown Los Angeles, the SIU ...
The recent outbreak of fires in Los Angeles (LA) have amounted to an estimated economic loss of $250 billion, making it the ...
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