* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...
This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its policy count.
Consumer advocates cite an ongoing crisis while industry representatives say recent regulatory changes are just taking effect ...
Insurance rates will reflect climate change and consumers’ interests. Insurers will see faster, more efficient reviews and ...
New proposed legislation focuses on accelerating wildfire catastrophe claims payments, transparency of claims decisions, ...
Here’s the California home insurance debacle made simple: No more bargains. Property owners are keenly aware of the state’s numerous risks to their property, most notably wildfires. But they might be ...
California Insurance Commissioner Ricardo Lara approved a plan to increase temporary fees for most California home and fire insurance customers to bail out the Golden State's last-resort fire ...
This is read by an automated voice. Please report any issues or inconsistencies here. California homeowners face surcharges averaging $50 to help insurers recoup costs from January’s devastating Los ...
Losses from the Los Angeles fires threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to find and keep affordable homeowners insurance. Related ...
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