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News
California FAIR Plan rates rise October 15, with biggest increases in wildfire-risk areas
2+ week, 6+ day ago (571+ words) For hundreds of thousands of Californians who have already been pushed onto the state's insurer of last...Starting Oct. 15, new and renewed California FAIR Plan policies will be priced under a rate change the...It has taken on a much…...
Washington wildfire insured losses reach $600 mn
3+ day, 22+ hour ago (481+ words) Washington wildfires have produced an estimated $600 mn in insured losses so far, according to figures...The fires caused the most expensive wildfire damage recorded in Washington, while Spokane County Assessor...Kuderer said repeated severe wildfire seasons influenced preparations at the…...
California Insurance Commissioner Race: How It Affects Your Rates
4+ day, 6+ hour ago (1179+ words) Every November, Californians will elect someone who oversees one of the largest insurance markets in...Those responsibilities hit especially close to home for Californians as wildfire risk and other climate-driven...Seven of the state’s 10 most destructive wildfires have struck within…...
Wildfires could displace you for months. Is your insurance ready?
1+ day, 7+ hour ago (675+ words) As of Sept. 4, firefighters have responded to 52,939 wildfires that have burned more than 8.2 million...to keep paying your mortgage while also covering a hotel or rental,” said Joy Aumann, a Southern California...real estate agent who has represented families displaced…...
What California’s insurance commissioner does — and how it affects your wallet
4+ day, 19+ hour ago (1282+ words) , right, as they speak to residents April 17, 2025, to mark 100 days since the start of the L.A. wildfires...Carlin Stiehl/Los Angeles Times via Getty Images By Levi Sumagaysay, CalMatters In November, California...Those responsibilities have a direct effect on California residents…...
What California's Insurance Commissioner Does — and Why It Matters to Your Bottom Line
4+ day, 22+ hour ago (898+ words) California voters will head to the polls in November to decide who takes charge of one of the largest...That mission matters more than ever as wildfire risk climbs across California....have to juggle competing interests: everyday consumers, insurance companies,…...
Climate change activists want to make California insurance crisis even worse
3+ week, 14+ hour ago (661+ words) California homeowners are struggling to find insurance against wildfires and other natural disasters,...as the state chases insurance companies away, and as the California Insurance Commissioner fails to...So what does the California Department of Insurance want to do?...The…...
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California
4+ day, 10+ hour ago (292+ words) , after a decade of wildfire losses kept exceeding what their risk views had priced for....Related: California Lawmakers File Wildfire Plan, Without Newsom Asks Doing it right is harder than it...California’s regime is meticulous by design....wildfire seasons…...
FAIR Plan rate hike adds to California homeowners insurance strain
3+ week, 5+ day ago (401+ words) The California FAIR Plan's 29.1% rate increase takes effect October 15, per the California Department...The January 2025 Los Angeles wildfires drove much of that increase....California's inverse condemnation doctrine holds utilities responsible for wildfire damage caused by...Gavin Newsom, required a study…...
Rancho Palos Verdes Seeks New Landslide Insurance Option for California Homeowners - ProgramBusiness
4+ day, 2+ hour ago (494+ words) on September 10, 2026 Rancho Palos Verdes, as recently reported on LAist, is working with other California...The city hopes to gain support for a state program modeled after the California Earthquake Authority...and the California FAIR Plan....Southern California Edison and…...