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 ...
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 ...
Allstate will raise its average rates for condo insurance by 30%, according to a filing with the California Department of ...
Insurance companies have paid out $4.2 billion in claims so far to survivors of the Los Angeles County fires, the state Insurance Department said Thursday.