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California FAIR Plan raising rates 29%, on average, starting Oct. 15
4+ day, 22+ hour ago (594+ words) SACRAMENTO, Calif. " The California FAIR Plan - the state's high-cost, bare-bones fire insurance of last resort - is raising rates 29%, on average, starting mid-October. The California Department of Insurance (CDI) approved that increase just last month. That will be a sharp and expensive…...
California's Insurance Crisis | To The Point with Alex Bell
5+ day, 1+ hour ago (58+ words) ABC10 California's Insurance Crisis | To The Point with Alex Bell To stream ABC10 News on your phone, you need the ABC10 News app. Download the ABC10 News app Next up in 5 Example video title will go here for this video Before You Leave, Check…...
California FAIR Plan rates jump 29% starting with October renewals
5+ day, 2+ hour ago (58+ words) ABC10 California FAIR Plan rates jump 29% starting with October renewals To stream ABC10 News on your phone, you need the ABC10 News app. Download the ABC10 News app Next up in 5 Example video title will go here for this video Before You Leave, Check…...
California race for insurance commissioner heats up amid industry scrutiny
3+ week, 2+ hour ago (57+ words) ABC10 California race for insurance commissioner heats up amid industry scrutiny To stream ABC10 News on your phone, you need the ABC10 News app. Download the ABC10 News app Next up in 5 Example video title will go here for this video Before You Leave,…...
Settlement keeps State Farm homeowners insurance rate hike in California
2+ mon, 2+ week ago (57+ words) ABC10 Settlement keeps State Farm homeowners insurance rate hike in California To stream ABC10 News on your phone, you need the ABC10 News app. Download the ABC10 News app Next up in 5 Example video title will go here for this video Before You Leave,…...
CA FAIR Plan quadruples number of active policies in six years
3+ mon, 1+ week ago (692+ words) SACRAMENTO, Calif. " The number of active policies with California's "insurer of last resort,' the FAIR Plan, has more than quadrupled since Sept. 2019. That comes as lawmakers look to make further reforms to stabilize the state's homeowners insurance marketplace. California's Insurance…...
FEMA removes 8, 000 Stockton homes from mandatory flood insurance
3+ mon, 1+ week ago (57+ words) ABC10 FEMA removes 8, 000 Stockton homes from mandatory flood insurance To stream ABC10 News on your phone, you need the ABC10 News app. Download the ABC10 News app Next up in 5 Example video title will go here for this video Before You Leave, Check This…...
FEMA drops flood insurance requirement for 8, 000 Stockton homeowners
3+ mon, 1+ week ago (479+ words) STOCKTON, Calif. " After nearly 16 years, thousands of homeowners in Stockton'are no longer required to carry flood insurance " ending what many described as an expensive and frustrating financial burden. In 2024, construction was completed on the Smith Canal flood gate in Stockton....
California lawmakers push insurance reforms to help wildfire survivors rebuild
4+ mon, 2+ week ago (57+ words) ABC10 California lawmakers push insurance reforms to help wildfire survivors rebuild To stream ABC10 News on your phone, you need the ABC10 News app. Download the ABC10 News app Next up in 5 Example video title will go here for this video Before You Leave,…...
Farmers Insurance lifts cap on new home insurance policies
5+ mon, 4+ week ago (503+ words) SACRAMENTO, Calif. " In a possible sign of improvement in California's home insurance market, Farmers Insurance announced'it is removing the cap it had placed on new homeowners' insurance policies. For more than two years, Farmers Insurance had been limiting how many…...