For years, we’ve known that California is a kindling box, waiting for the next spark to ignite another catastrophic fire, writes Assemblyman David Tangipa.
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 ...
Farmers Insurance said claims from the Los Angeles fires will cost it at least $600 million, a substantially smaller initial ...
Wildfires in the U.S. Northeast pose a “major threat,” according to a Moody’s report. A record-setting drought turned ...
Fire and hurricane losses cast a shadow over insurance stocks. But a deep dive shows several positives lining up for the ...
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 ...
Proposed legislation could force insurers in California to pay 100 percent of the coverage for belongings inside homes ...
From insurance to affordable housing mandates, California's regulatory noose tightens over wildfire rebuilding efforts.