California’s deepening home insurance crisis is facing another big moment that could impact millions.
The state’s largest home insurance company, State Farm wants to raise its rates. The company said it’s in a dire financial situation because of the recent wildfires in Southern...
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.On...
This article is co-published with ProPublica, a nonprofit newsroom that investigates abuses of power.Houses in the Altadena and Pacific Palisades neighborhoods were still ablaze when talk turned to the cost of the Los Angeles firestorms and who would pay for it. Now it...
Opinion editor’s note: Strib Voices publishes letters from readers online and in print each day. To contribute, click here.Thank you for reading this letter. My name is Karen Wadena, and I was just wondering why third-grade kids don’t have National Third Graders Day?...
DURANGO, Colorado -- In today’s world of more frequent and severe natural disasters, the business risks of selling home insurance policies are rising sharply. The devastating fires in Los Angeles are just the latest in a long string of extreme events fueled by...
People are more likely to risk their lives in bushfires if they are uninsured or underinsured, experts have said.In the chaos of an approaching fire, most people struggle to make rational decisions; having no house insurance could feed into making the dangerous decision...
