Three of California’s largest home insurance companies declined nearly half of their claims in 2023, well above the national average, according to a ratings agency report reviewed by The Times.In a survey of national claims handled by the state’s leading home...
With the California wildfires now expected to cost insurance companies more than $40 billion, many people in Southwest Florida are worried that could impact rates in the Sunshine State.“The insurance industry is facing a lot of suits and...
PACIFIC PALISADES, Calif. (KGO) -- The estimated insured losses from the Los Angeles County wildfires could reach $20 billion, which would be recorded as the costliest fire in U.S. history in that category, according to J.P. Morgan.The impacts are expected to be significant...
In the latest Washington State Office of the Commissioner’s “OIC Answers” podcast, Commissioner Mike Kreidler said the best advice he could give to his successor Patty Coer is to “listen carefully to people.”
The episode focused...
As of Jan. 1, Louisianans could be dropped by their homeowners insurance companies without warning, as the state deregulated the market with a new law taking effect at the start of the year.
What's happening?
The new law ends what was known as Louisiana's "three-year...
