Farmers Insurance eliminated the cap on the number of homeowners insurance policies it offers in California, marking a significant step for a state that has been working to stabilize and rebuild its ...
California's FAIR Plan is seeking a 35.8% insurance rate hike due to significant wildfire losses. If approved, the increase would take effect in April 2026, with discounts available for wildfire ...
California is facing an insurance crisis. Insurance companies are pulling out, leaving businesses and consumers with too few options or soaring premiums. Many homeowners are turning in desperation to ...
This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its policy count.
The average American pays $2,671 per year for full coverage car insurance, according to Bankrate. But with insurance rates climbing 12% from a year ago and tariffs threatening to push them higher, ...
Even as devastating wildfires drive up home insurance costs across California, premiums overall remain relatively low compared to many other states, a new UC Berkeley report finds. But that could ...
“We thought we could trust the system,” said a homeowner in Altadena whose insurance policy was canceled only months before the January fires destroyed his home. By Katie Benner Branislav Kecman was ...