The state’s insurance commissioner called the package of new proposed regulations “the largest insurance reform” since 1988.
Allstate, one of the largest US insurance companies, has joined State Farm in no longer accepting new applications for homeowners insurance in California, citing catastrophic events like natural ...
This year has been particularly hard for the state due to a devastating combination of storms, floods, drought, and fire.
The deadline for a deal to address the home insurance market came and went in the California Legislature, but the problem ...
Unlike most states, California heavily regulates its property insurance market. In 1988, California voters approved ...
California will now let insurance companies consider climate change when offering policies, in exchange for a mandate ...
As disaster risks grow in vulnerable areas, insurers are pulling back from offering the kinds of coverage that are becoming ...
Even as insurers flee California, lawmakers couldn't hammer out a deal to fix the collapsing market. Inaction will only make ...
Your home insurance company needs to know how likely you are to file a claim to decide how much to charge you, or whether to ...
State Farm no longer issues new homeowners insurance or property coverage in California, citing high wildfire risks in the state and rising construction costs. The insurance giant, which as of ...
According to our analysis of 174 home insurance companies, Westfield has the best homeowners insurance. American Family and USAA also get 5 stars in our rating. Westfield has a low average annual ...
Mike Miller is a writer with a decade of experience producing product and service content to help consumers make informed purchasing decisions. Mike has a bachelor’s degree in creative advertising.