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 ...

The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...

For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...

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.

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.

California residents have switched to a state-backed “last resort” insurance plan that is now facing staggering loss ...

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 ...

If you live in Ripon, there is a burning question you need to ask.How safe are lithium storage batteries given enough of them ...

As wildfires ravaged through parts of California, including Simon Senior-Eaks’ hometown of downtown Los Angeles, the SIU ...