In 2023, California’s median home insurance cost of about $1,200 a year ranked in the middle among all states, according to ...

During his first four years in office, Ricardo Lara failed to head off the looming property insurance contraction that saw ...

U.S. states have set up insurers to provide protection in disaster-prone areas that private insurance has avoided. They are taking on more risks as calamities become widespread.

The California FAIR Plan Association is aiming to upsize its debut catastrophe bond, with the target size now raised to ...

Farmers Insurance has applied for a 6.99% rate increase on California homeowner policies and proposes a 22% discount for ...

Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap ...

Lawmakers and regulators must move quickly to adopt these reforms and restore stability to the insurance market.

A New York Times investigation recently revealed that California Insurance Commissioner Ricardo Lara struck a secret deal ...

What began as an insurance crisis is rapidly becoming a credit and housing crisis that threatens the stability of the entire ...

Homeowners across California will soon see a new charge on their monthly insurance bills to help pay claims arising from this year’s devastating Los Angeles wildfires. Most of the temporary fees ...

SAN DIEGO — California's insurance reforms, intended to bring relief to homeowners struggling with wildfire coverage, have instead resulted in higher rates and an increase in state homeowners without ...