Article 0 Comments California Insurance Commissioner Ricardo Lara on Friday announced he wants to make certain reforms to the state’s insurance law, Proposition 103, including changing the controversial intervenor process. Prop. 103, passed by...
Article 0 Comments Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to...
Article 0 Comments Shopping slowed, but switching endures. That’s according to a recent report from J.D. Power, assessing insureds’ shopping habits for auto, home and renters’ insurance in Q2 2025. Overall shopping declined this...
Article 0 Comments Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s wildfires in Southern California, City Attorney Hydee Feldstein Soto said on...
Article 0 Comments Flash flooding caused by torrential rains killed five people in northern West Virginia and rescue crews were searching for three other people who were missing Sunday as authorities assessed damage to...
Article 0 Comments California Insurance Commissioner Ricardo Lara on Thursday said he has launched a formal investigation into State Farm’s handling of thousands of insurance claims from wildfire survivors affected by the Palisades and...
Article 0 Comments Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for the insurance industry, and a warning that “wildfire is no longer...
Article 0 Comments Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed...
Article 1 Comment State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted...
Article 0 Comments A new task force has been formed to develop standards in California for insurance coverage and clean-up of smoke-damaged homes. California Insurance Commissioner Ricardo Lara announced the formation of a Smoke...
