1+ week, 4+ day ago  (936+ words) In the wake of devastating wildfires, Californians are facing a property insurance crisis. More than 1 in 5 California homeowners are uninsured because of canceled policies and unaffordable premiums. In an opinion column last month, legislators representing communities from San Francisco to…...

1+ week, 5+ day ago  (1101+ words) Four candidates running in the state insurance commissioner's race gathered for a forum in Altadena on Thursday, May 7, to push for tougher sanctions against insurance companies that they say mishandled claims filed by homeowners devastated by last year's wildfires in…...

2+ week, 15+ hour ago  (513+ words) Two California home insurance providers, Travelers Insurance and the the Interinsurance Exchange of the Automobile Club, are seeking to hike rates 7% and 11%, respectively, under a new catastrophic modeling plan adopted by the state in 2025. Travelers is seeking a rate increase…...

3+ week, 1+ day ago  (465+ words) On his X account, California gubernatorial candidate Xavier Becerra (@Xavier Becerra) recently said that, as governor, he would immediately freeze "home insurance premiums while the state investigates long-term solutions to bring these costs under control." This statement not only ignores…...

1+ mon, 3+ week ago  (685+ words) Top contenders in the state insurance commissioner's race squared off Friday, March 27 at a Pacific Palisades forum where they discussed wildfire risks and how they would reel in soaring premiums for homeowners in the aftermath of devastating California wildfires. For…...

1+ mon, 3+ week ago  (1196+ words) The Federal Housing Finance Agency last week announced several rules for condo associations looking to remain eligible for Fannie Mae and Freddie Mac financing " or risk'getting blacklisted. A little background: The mortgage institutions launched a stiffer approval process for condos…...

1+ mon, 4+ week ago  (720+ words) Billed as an effort to tackle affordability issues in the state, a new proposal pitched last week by an Orange County legislator would offer a full state income tax deduction for homeowners insurance premiums. Editor's note: Sacramento Snapshotis a weekly…...

2+ mon, 2+ day ago  (339+ words) US 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…...

2+ mon, 1+ day ago  (282+ words) Fannie Mae and Freddie Mac are loosening roof insurance requirements for condo and single-family home owners while tightening mortgage lender approvals. As of August 2026, Fannie and Freddie will begin accepting mortgage applications with properties that carry "at cash value" roof…...

2+ mon, 1+ week ago  (625+ words) State Farm's interim, 17% emergency rate hike for homeowners approved in 2025 without a public hearing will stand after a settlement with the California's Department of Insurance and a consumer watchdog group. In a settlement announced last week, State Farm agreed not…...