* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...
Insurers in California pulled back coverage or left the state after years of over-regulation, price controls and poor ...
In the wake of the devastating Los Angeles wildfires last month, California approved a $1 billion cash infusion for the FAIR Plan, the state-backed insurer of last resort that Californians can turn to ...
California's insurance crisis is expected to get even worse after the devastating wildfires raging in the state, and experts say a decades-old law plays a significant role in why insurance companies ...
California drivers are facing a 6.13% car insurance rate hike, the third-highest in the U.S., despite a national decline.
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work ...
The deadly wildfires that have devastated the greater Los Angeles region in Southern California over the last week are estimated to be the costliest in the state's history, which will leave insurers ...
California’s insurance commissioner on Friday turned down a request by State Farm General for an emergency 22% hike of its home insurance rates due to the Los Angeles wildfires, saying the company ...
Car insurance rates in California increased by nearly 50% in 2024, according to a recent report, with full coverage now costing drivers an average of $2,575 annually—11% more than the national average ...
Covered California is encouraging all uninsured Californians to sign up for health insurance by Dec. 31. The open-enrollment period ...