Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
U.S. Insurers AIG, TRV, ALL and CB Project Billions of Losses from California Wildfires
The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...
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$1.1 Billion Loss For Allstate Amidst California Fires
Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...
Sporting News on MSN4d
No State Farm Super Bowl commercials? Why you won't see Patrick Mahomes ads this year
Every NFL Sunday, fans see advertisements for State Farm Insurance featuring Jake from State Farm and celebrity athletes such as Patrick Mahomes and Caitlin Clark. However, with the company pulling ...
Digital Insurance4d
Wildfires, cybersecurity: What insurers need to know in 2025
The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...
To Help Pay for L.A. Fires, California Will Collect $1 Billion From Insurers
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Climate-driven insurance crisis
Amidst our evolving climate realities, many Americans are feeling the financial pinch of the climate crisis in insurance ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...
The Ball State Daily News2d
Heavy rains in California cause wildfires and mudslides
Southern California prepared for heavy rains followed by the strongest atmospheric river of the season causing evacuations to ...