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News
Insured with State Farm? They may owe you $100 or more
3+ week, 2+ day ago (458+ words) The insurance company State Farm has begun sending checks to millions of policyholders as part of the company’s largest-ever cash-back dividend. Eligible auto insurance customers will receive an average of $100 from the company. Exact amounts depend on the state and…...
California Has An Insurance Crisis. Senator Ben Allen Says He Has A Plan To Fix It.
1+ mon, 6+ day ago (35+ words) Los Angeles Times California Has An Insurance Crisis. Senator Ben Allen Says He Has A Plan To Fix It....
Utilities threaten action if lawmakers fail to cut their wildfire liability risk
1+ mon, 6+ day ago (1120+ words) Top executives of California’s two biggest utilities warned they would take action to protect their shareholders if Sacramento lawmakers fail to pass legislation limiting their companies’ liabilities for wildfires sparked by their equipment. “If the legislature does not act, or…...
Candidates Clash Over Soaring Premiums and Climate Risks at LABC’s 2026 Insurance Commissioner Forum
3+ mon, 2+ week ago (262+ words) The Los Angeles Business Council (LABC) hosted its highly anticipated 2026 Insurance Commissioner Candidate Forum on Thursday, May 21, bringing together five key contenders to address the state’s escalating insurance crisis. The event, which ran from 11:30 am to 1:30 pm at the Waldorf…...
Slide Insurance Expands to California with a New E&S Property Program
3+ mon, 4+ week ago (278+ words) Read about the Slide Insurance California expansion. Learn how their new E&S property program brings capacity to a shrinking insurance market. Click here! Slide Insurance Expands to California with a New E&S Property Program This is read by…...
Your guide to the California insurance commissioner's race: Who will replace Ricardo Lara?
4+ mon, 1+ week ago (283+ words) The California Department of Insurance calls itself the largest consumer protection agency in the state, with nearly 1,400 employees regulating home, auto and other insurance. But the election to replace outgoing Commissioner Ricardo Lara is virtually about only one topic: home…...
Senate committee kills bill mandating insurance coverage for wildfire safe homes
4+ mon, 2+ week ago (798+ words) A bill that would have required insurers to offer coverage to homeowners who take steps to reduce wildfire risk on their property died in the Legislature. The Senate Insurance Committee on Monday voted down the measure, SB 1076, one of the…...
Court rejects bid to beef up policies issued by California's home insurer of last resort
8+ mon, 2+ week ago (815+ words) Retired nurse Nancy Reed has been through the ringer trying to get insurance for her home next to a San Diego County nature preserve. First, she was dropped by her longtime carrier and forced onto the state’s insurer of last…...
California utility bills are 20% higher due to wildfires
5+ mon, 1+ day ago (599+ words) The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California’s largest utility, according to a government report. The report calls for a systemic overhaul of how the state responds to conflagrations as…...
Home insurance premiums set to rise again as extreme weather drives costs up
5+ mon, 3+ week ago (311+ words) Home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this year, after jumping 12% in…...