The Farmers Exchanges, which include Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange, have ...
If nothing else, the Los Angeles fires underscored the absolutely vital role of having a healthy insurance market in California.
The inevitable result of a fracturing private insurance market will be the socialization of disaster losses, as seen in ...
Wildfires in the U.S. Northeast pose a “major threat,” according to a Moody’s report. A record-setting drought turned ...
Farmers Insurance said claims from the Los Angeles fires will cost it at least $600 million, a substantially smaller initial ...
The devastating wildfires in the Los Angeles region earlier this year have caused enormous financial strain on recovery mechanisms, such as the ...
Well before Helene’s floodwaters reached western North Carolina, an overwhelmed U.S. insurance market was already dropping coverage in places that are prone to disaster — and even in towns and ...
From insurance to affordable housing mandates, California's regulatory noose tightens over wildfire rebuilding efforts.
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
Insurance Commissioner Ricardo Lara, along with several legislators, is advancing a comprehensive legislative package aimed at protecting wildfire survivors and improving preparedness for future ...
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...