78,000 California condo owners to see major insurance rate hike
Allstate will raise its average rates for condo insurance by 30%, according to a filing with the California Department of ...
Davis Enterprise9h
Fire toll already exceeds $4 billion
Insurance companies have paid out $4.2 billion in claims so far to survivors of the Los Angeles County fires, the state Insurance Department said Thursday.
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
Palo Alto Weekly21h
Over $4 billion in LA fire claims distributed, more to come
A chimney remains standing in a home destroyed by the Eaton Fire in Altadena on Jan. 8, 2025. Photo by Jules Hotz for From economy reporter Levi Sumagaysay: Insurance companies have paid out $4.2 ...
The Bond Buyer22h
Rebooted bill would allow bonds for California's last-resort insurer
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...