California, a state in the western US, has introduced the Net Cost of Reinsurance in Ratemaking Regulation. According to the California Department of Insurance, this new rule is the first to require ...

California's insurance officials announced a new regulation on Monday intended to increase the availability of home insurance for Californians living in areas facing increased risks of wildfires and ...

California's wildfire risk is so high, numerous insurance companies have left the state. Now, the insurance commissioner has presented a new plan to entice them to return. Insurance companies have ...