SACRAMENTO, Calif. -- Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires became more destructive will have to again provide policies in fire-prone areas if they want to...
A seismic shift is taking place inside the electric vehicle (EV) market. Chinese automakers have surged ahead to dominate the EV space, leaving U.S. manufacturers scrambling. Former Nissan executive Andy Palmer, often called the “Godfather of EVs,” recently...
Insurance companies will be required to increase coverage in high-risk areas, but also allowed to factor in reinsurance costs in rates.
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The state released another regulation Monday aimed at easing California's home insurance crisis that will allow insurers to charge homeowners higher premiums to protect themselves from catastrophic wildfire claims.The rule is the last in a package of home...
