Californians Made to Pay More for Coverage to Help Bail Out Insurers
State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
Evacuations issued in Southern California as heavy rain brings threat of debris flows in areas scarred by wildfires
For the second time this year, Southern Californians are evacuating their homes as heavy rain threatens new destruction in ...
Dallas Examiner12h
The climate driven insurance crisis
The climate crisis is affecting American households, causing higher utility bills, health care costs, and insurance premiums ...
Insurer Mercury Says It Will Survive and Prosper Despite California’s Wildfires
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on California’s ...
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 ...
Allstate Is Demanding That We Delete These Quotes by Its Exec About Using How It's Using AI to Write Insurance Emails
There's a good chance the email you just received from your insurance company was drafted by an AI — and the optics of such ...
California fire insurer of last resort to be bailed out by assessments on other insurers
California’s state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
wacotrib21h
Californians brace for flooding in areas torched by wildfires as freezing rain, snow aim for Oregon
Rain has begun falling in California where an atmospheric river is expected to bring heavy downpours, winds and flooding to ...
Hosted on MSN23h
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will 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 ...