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News
Covered California Rates To Jump Nearly 10% In 2027
4+ hour, 35+ min ago (193+ words) KFI AM 640 Jessica Altman, Executive Director of Covered California, highlighted that approximately 10% of customers will bear the full brunt of the price increases, as they earn more than 400% of the federal poverty level and do not qualify for subsidies. "Those…...
California FAIR Plan Rates to Rise 29% in Late 2026
2+ mon, 2+ day ago (254+ words) California's FAIR Plan, the state's home insurance of last resort, will raise rates by 29.1% starting October 15, 2026. The increase will primarily affect homeowners in high-risk, fire-prone areas. This decision comes as many Californians struggle to find coverage in the standard market,…...
California Insurers Plan Rate Hikes, Coverage Expansion
2+ mon, 2+ week ago (196+ words) Two major home insurance providers in California, Travelers Insurance and the Interinsurance Exchange of the Automobile Club, are planning to raise rates and expand coverage by late 2026. Travelers Insurance aims for a 6.9% rate increase for single-family homes, while the Interinsurance…...
Bill Handel On Why Insurance Companies Won't Cover California Homes
4+ mon, 3+ week ago (351+ words) KFI AM 640 California is facing a deepening home insurance crisis, with major insurers pulling back or leaving the state entirely — leaving hundreds of thousands of homeowners scrambling for coverage and driving many toward costly last-resort options. According to Merlin Law…...
Nevada Law Lets Insurers Drop Wildfire Coverage; Is California Next?
6+ mon, 3+ week ago (266+ words) Starting January 1, 2026, a new law in Nevada will allow home insurers to exclude wildfire coverage from standard homeowners policies. Passed by the Nevada Legislature, this law will permit insurers to offer wildfire-only policies, marking a significant shift in how property…...