California homeowners face insurance crisis

New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.
California homeowners face insurance crisis after fire losses
In the months leading up to the recent fires, 1,600 homeowners in California had their fire insurance policies dropped by private insurers due to high fire dang
California Homeowners Unaffected by Wildfires Could Get New Insurance Bill
Changes in California's Fair Access to Insurance Requirements (FAIR) plan could mean higher expenses for homeowners after fires.
California’s Insurance System Faces Crucial Test as Losses Mount
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.
California Wildfires Threaten Home Values Across State, S&P Says
Home values throughout California could face downward pressure following the Los Angeles-area wildfires as increases in insurance premiums exacerbate the state’s affordability crisis, S&P Global Ratings said.
California business owners helping homeowners in the aftermath of destructive wildfires
Barlow and Grant Bridges, co-owners of ServPro, explain how they're helping homeowners even while dealing with their own personal losses from wildfires in California.
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California’s home insurance prices set to soar
Note that policy costs in these high-risk states, minus California, averaged $5,040 – roughly 150% more than Golden State ...
California Senator questioned in FBI investigation is tapped again to lead Insurance Committee
Susan Rubio, a Democrat from Baldwin Park, will refill the vacancy that Senate leaders briefly left open for a few weeks ...
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The broken home insurance market — in California and beyond
Many LA homeowners were dropped by their insurance companies a year before the fires. Is there a better way to make the ...
Affected by the Wildfires in Southern California? You Might be Safe From Home Insurance Cancellations Through 2026
A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their ...
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California overhauled its insurance system. Then Los Angeles caught fire.
Over the past five years, California has become a poster child for what climate-fueled weather disasters can do to a state’s home insurance market. Following a rash of historic wildfires in 2017 ...
Southern California wildfires highlight home insurance industry
The wildfires in Southern California have put a spotlight on the home insurance industry. Companies are being confronted with ...
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GOP Blasts Dems For Creating Ticking Time Bomb Of Wildfire Chaos And Policy Failures In California
The California Senate Republican Caucus slammed Democratic colleagues in a 15-page report detailing years of mismanagement, ...