Today, California Insurance Commissioner Ricardo Lara enforced his "first of its kind" catastrophe modeling and ratemaking regulation, a central part of his Sustainable Insurance Strategy to increase coverage in wildfire-distressed areas of the state.
The Department of Insurance posted the final regulation after the...
Today, possibly big news for those impacted by California’s home insurance crisis.
Friday, the state’s Department of Insurance says it got a major procedural green light to make some changes that might entice insurance companies to stop dropping people’s policies and possibly resume selling...
Help will soon be available for Colorado homeowners left without options.Wildfires have caused insurance companies to abandon many customers. Now another option, the "insurer of last resort," is set to launch in 2025.Colorado's FAIR Plan is a game changer for homeowners like Erik...
2025 is expected to see a renewed push for statutory reforms in states heavily impacted by hurricanes in the commercial property insurance space in hurricane-prone states, which were severely impacted by the 2024 Atlantic Hurricane season, according to Eric Benedict, Senior Associate at...
