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What you need to know about insurance when it comes to wildfires
1+ day, 23+ hour ago (328+ words) January 9, 2026 / 1:48 PM PST / CBS LA One of the key takeaways of last year's January wildfires was that most Southern Californians are underinsured, as many as half of all homeowners in fact. Homeowners often rely on an insurer's computer models to…...
New Yorkers are paying more for homeowners insurance. But are they subsidizing policies in other states?
4+ week, 2+ day ago (512+ words) December 11, 2025 / 5:59 PM EST / CBS New York New York homeowners are watching their insurance premiums climb. Meanwhile, insurance companies are making large profits in the Empire State, lawmakers say." So where's the money going? Are New Yorkers subsidizing other states? Extreme…...
CBS LA Special: Home Insurance – We’ve Got You Covered
1+ mon, 2+ week ago (56+ words) Californians are being hit with rising insurance premiums and non-renewals and forced onto the FAIR Plan. CBS LA breaks down how to find insurance, what experts say you need in your policy, and how to save money on rising premiums…...
Farmers Insurance expanding choice and availability to California homeowners
1+ mon, 2+ week ago (30+ words) Karl Sussman, insurance expert, discusses Farmers Insurance eliminating the cap on the number of homeowners insurance policies it offers in California. Farmers Insurance expanding choice and availability to California homeowners...
Fixed-income earners in South Florida concerned after PFL rate hike
1+ mon, 2+ week ago (61+ words) The Florida Public Service Commission said that in peninsular Florida, the rate hikes will increase the typical 1,000 kWh customer bill by $2.50 a month starting in 2026. FPL said rates will increase 2% each year until 2029. Fixed-income earners in South Florida concerned after…...
Insurance expert talks rain damage and insurance claims
1+ mon, 3+ week ago (32+ words) Insurance expert Karl Susman spoke to CBS LA's Kristine Lazar about how you can handle insurance claims due to rain damage to your home. Insurance expert talks rain damage and insurance claims...
CBS LA hosts Insurance Week phone bank with industry experts
2+ mon, 4+ week ago (192+ words) Updated on: October 13, 2025 / 6:52 PM PDT / CBS LA When a disaster hits, navigating a new normal can be overwhelming and complicated. Among the many questions people may have is their homeowner's or renter's insurance. What does your policy cover? What does…...
Catastrophe bond investors betting on disasters are helping make insurance affordable
3+ mon, 1+ week ago (581+ words) September 30, 2025 / 8:11 PM EDT / CBS News In many communities at high risk for natural disasters, a Wall Street financing tool that's gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak Island, North Carolina,…...
Kane County woman says All State threatened to drop insurance over Google Earth photos
3+ mon, 2+ week ago (36+ words) Insurance companies are increasingly using drones and aerial surveillance to snap photos of home, then reviewed by AI, to inform underwriting. That can cause mistakes, like the one that affected a homeowner in Kane County, Illinois....
Amid insurance exodus in California, 5 insurance companies commit to stay in state
3+ mon, 2+ week ago (419+ words) September 24, 2025 / 11:12 PM PDT / CBS Sacramento After a year marked by insurance companies pulling out of California, state officials say five major insurers are committing to the state." The California Department of Insurance confirmed to CBS Sacramento that Mercury Insurance, CSAA,…...
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