This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
Two of the five largest home insurers in California will each raise rates by an average of 6.9% later this year.
The Department of Insurance has ensured that 94% of claims have been fully or partially paid, but Lara and Padilla believe ...
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize ...
CSAA and Mercury Insurance will raise rates by 6.9% in 2026, affecting over 1 million California homeowners. Rate changes vary by wildfire risk, with new discounts offered for home hardening.
The California Department of Insurance has commissioned a task force to develop a first-in-the-nation smoke damage standard that could be the blueprint for a national standard. Once thought of as a ...
CDI data through Nov. 17, 2025, shows wildfire claims have topped $22 billion, with payments reported from admitted insurers, ...
* The FAIR Plan Stabilization Act (AB 226): This law permits the FAIR plan, the state’s insurer of last resort, to access ...