Will California insurance reforms be enough to stop insurers from leaving?
California Insurance Commissioner Ricardo Lara said new regulations will keep homeowners insured. Some of the new efforts ...
Insurers Balk at $19.7M Claim on Fake Basquiat Paintings Seized by FBI
Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen forged Jean-Michel ...
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
California Home Insurers That Denied The Most Claims
Some of the biggest insurers in California had the highest number of national claim denials in 2023, according to Weiss ...
California Insurers Will Survive Fires—But FAIR Plan Faces Big Questions
Newsweek asked experts on the insurance market if they expect insurers to survive the financial fallout of these fires.
Los Angeles fire losses could reach $30 billion for insurers
Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs ...
L.A. Fires Could Cost Insurers $30 Billion, According to New Forecast
Estimates of the losses to insurers from the Los Angeles wildfires increased as the blazes spread. Morningstar DBRS analysts ...
Insurers’ Rule Change Puts California Homeowners on the Hook for L.A. Fire
A large chunk of the cost of rebuilding after the Los Angeles wildfires is likely to shift to insurance customers throughout ...
L.A.-based Farmers tops survey of big California home insurers that decline the most claims
Weiss Ratings issued a report alleging that Farmers Insurance and other California insurers reject nearly half of claims from ...
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Americans’ rage at insurers goes beyond health coverage
This commentary is republished from The Conversation under a Creative Commons license. Read the original article. My book ...
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach ...
How one of Europe’s largest insurers is trying to make waves with Gen Z
The 150-year-old insurer has weathered wars, pandemics, and natural disasters in its lifetime. Its next task: appealing to ...