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In 2019, she purchased a 2,000-square-foot, four-bedroom house — about twice the size of her first Sacramento home — for $488,000 in a Sacramento suburb and sold the beach house in 2020 for ...
Insurance giants State Farm, AIG, and Allstate have each stopped writing homeowner policies in California because of wildfire danger. According to a report issued Wednesday by JP Morgan, the ...
Confie is an American private insurance company that provides auto insurance, home insurance, life insurance, commercial insurance, and related products. [1] Confie is the ninth largest independent property and casualty insurance agency in the United States as of 2020.
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.
Freeway Insurance was founded in 1987 by Kelly Turton in Orange County, California. [7] Initially, the company’s focus was private passenger automobile insurance, [7] which was then acquired by Westline Corp., [7] which was then acquired by Confie, [8] one of the largest privately held insurance brokers in the United States [9] and a portfolio company of private equity firm ABRY Partners, in ...
[1] [2] [3] The FAIR Plan was established in August 1968 by a statutory amendment to the California Insurance Code (specifically, section 10091 et seq. [4] [5]), and is regulated by the office of the California Insurance Commissioner. The plans are typically more expensive and provide less coverage than commercial plans. [6]
Climate change and extreme weather have contributed to catastrophic fires that destroyed thousands of California homes in recent years — and an insurance crisis that could result in the biggest ...
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