Insurance Commissioner Ricardo Lara said State Farm must answer more questions about its finances before the company can be approved for an emergency rate increase in response to the devastating fires ...

Firefighters had barely achieved full containment of the blazes that leveled whole neighborhoods in Los Angeles before State ...

One of the common themes in my writing has been the state's commitment to expanding bureaucracy and regulation, without much ...

"If you fast forward 10 or 15 years, there are going to be regions of the country where you can't get a mortgage," Powell ...

The climate crisis is affecting American households, causing higher utility bills, health care costs, and insurance premiums ...

The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...

Major insurers face billions of dollars in losses from the Los Angeles wildfires, they said this week, despite dropping clients in California before the catastrophe. AIG and Allstate and are among the ...

Amidst our evolving climate realities, many Americans are feeling the financial pinch of the climate crisis in insurance ...

Bay Area homeowners will likely be on the hook for a share of a massive bailout of California "s insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...

The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...

California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...