News

California Post
nypost. com > 05/20/2026 > us-news > californias-fair-plan-announces-rate-hike

Massive rate hike coming as California insurance giant makes staggering revision

5+ day, 3+ hour ago  (511+ words) California homeowners in fire-prone areas will be slugged with an average insurance premium hike of 30% in October. FAIR Plan is the state's insurance program, which provides basic fire coverage for those in the California with "high risk properties" that major…...

Symbols: tsx:td,tsx:dfy,btc-usd
California Post
nypost. com > 05/12/2026 > real-estate > farmers-insurance-raising-rates-for-1m-california-homeowners

Farmers Insurance Group drops another rate hike as 1 M California customers despair

1+ week, 6+ day ago  (458+ words) A popular home insurer in California is hiking rates for homeowners this fall. Farmers Insurance Group, known for its "We are Farmers" jingle with actor JK Simmons, will raise rates by 1. 5% at the next renewal date in September. The change…...

Symbols: btc-usd
California Post
nypost. com > 05/11/2026 > us-news > insurance-commissioner-candidate-reveals-how-shell-rip-up-system

California insurance commissioner candidate reveals how she'll rip apart the system " and it'll have Dems petrified

2+ week, 10+ hour ago  (460+ words) Republican candidate for California Insurance Commissioner Stacy Korsgaden has warned she would crack down on insurance fraud and conduct a full audit of the California Department of Insurance if elected. "The reason that I'm running is that we have a…...

Symbols: btc-usd,eth-usd,xrp-usd,sol-usd,btc-eur
California Post
nypost. com > 05/04/2026 > real-estate > state-farm-launches-all-out-war-on-california-in-blistering-statement-after-bombshell-wildfire-expose

State Farm launches all out war on California in blistering statement after bombshell wildfire expos

3+ week, 7+ hour ago  (490+ words) California's largest home insurance company tore into state regulators Monday as it faces potential multi-million dollar fines and a suspension of its license. "Wildfire survivors deserve real solutions " not a distorted picture of State Farm's response. We strongly disagree with…...

Symbols: btc-usd
New York Post
nypost. com > 05/04/2026 > us-news > doj-says-insurers-cant-hide-behind-legal-shield-in-california-wildfire-coverage-case

Exclusive | DOJ says insurers can't hide behind legal shield in California wildfire coverage case

3+ week, 8+ hour ago  (198+ words) The Department of Justice is weighing in on a landmark California case, arguing federal law doesn't shield 16 insurers accused of allegedly conspiring to cancel homeowners' fire coverage and push customers onto a state-run plan. The DOJ is not taking sides…...

Symbols: d05.S0,u11.S0,z74.S0,594.S0,504.S0,5fx.si
California Post
nypost. com > 05/04/2026 > real-estate > state-farm-in-crisis-mode-as-watchdog-threatens-biggest-ever-penalty-over-wildfires

State Farm in crisis mode as watchdog threatens biggest ever penalty over wildfires

3+ week, 9+ hour ago  (271+ words) California officials have taken legal action against State Farm, accusing the insurance giant of widespread mishandling of claims from survivors of the devastating 2025 Los Angeles wildfires. The California Department of Insurance announced Monday an expedited investigation found serious problems in…...

Symbols: btc-usd
California Post
nypost. com > 04/10/2026 > us-news > the-staggering-way-wildfires-raise-californians-household-bills-and-its-only-going-to-get-worse

The staggering way wildfires raise Californians household bills " and it's only going to get worse

1+ mon, 2+ week ago  (390+ words) California's diastrous wildfires drive up the price of power bills by an average of $41 for customers of the state's largest utility company " adding insult to injury as the destructive infernos continue to have devastating impact. A new report found that…...

Symbols: rcrc,kgo,hoa
California Post
nypost. com > 03/30/2026 > us-news > state-farm-humiliated-after-california-drone-spying-scandal

State Farm forced into humiliating climb down after drone spying scandal

1+ mon, 3+ week ago  (387+ words) State Farm has finally agreed to renew the insurance of a Santa Ana homeowner after drones were used to spy on her house. Linda Bennett said she felt an enormous relief after the insurer reversed its decision to pull her…...

Symbols: kabc,fcc
New York Post
nypost. com > 12/10/2025 > opinion > insurance-companies-are-making-record-profits-off-climate-change-panic-not-facts

Insurance companies are making record profits off climate change panic, not facts

5+ mon, 2+ week ago  (827+ words) The headlines are relentless, loudly proclaiming that "climate-fueled extreme weather has caused an insurance crisis, reflected in dramatic rate increases for homeowners and businesses. Some warn that total economic collapse may soon follow. But as is often the case when…...

Symbols: icd,ses:a,ri
New York Post
nypost. com > 09/29/2025 > real-estate > why-homeowners-are-losing-90-of-cases-against-floridas-biggest-insurer

Why homeowners are losing 90% of cases against Florida's biggest insurer

7+ mon, 3+ week ago  (1090+ words) Florida's'home insurance'crisis has left more than half a million homeowners with no choice but to rely on the'state's insurer of last resort. As private companies have fled the market and'premiums have skyrocketed, Citizens Property Insurance Corporation'has become the only remaining…...