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  2. Limited home insurance options in California as major ...

    www.aol.com/finance/limited-home-insurance...

    Get major insurers to write policies for high-risk areas: The California Department of Insurance is looking for the top 12 home insurance companies in the state to commit to writing a minimum of ...

  3. California homeowners insurance market tested as fires rage

    www.aol.com/california-homeowners-insurance...

    From 2012 to 2021, home insurers in California lost money on underwriting and insurance transactions, while nationwide average profit margins on those deals were 3.6% to 4.2%, respectively.

  4. Before the Palisades Fire, many of those homeowners had lost ...

    www.aol.com/palisades-fire-many-homeowners-had...

    An analysis of insurance data by CBS San Francisco last year found that State Farm also dropped more than 2,000 policies in two other Los Angeles ZIP codes, which include the Brentwood, Calabasas ...

  5. Climate change and insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Climate_change_and...

    From 2018 to 2023, the state-operated home insurers of last resort in California, Florida, and Louisiana saw their total number of policyholders double, with the Florida insurer of last resort, Citizens Property Insurance Corporation, increasing to 1.4 million policyholders and became the largest home insurer in the state.

  6. Farmers Insurance expands home coverage, saying market has ...

    www.aol.com/news/farmers-insurance-expands-home...

    The Los Angeles-based company, the state's second-largest home insurer, said it will boost the number of homeowners policies it will accept from new customers to 9,500 per month, up from 7,000 ...

  7. LA fires may spark the end to cheap homeowners’ insurance in ...

    www.aol.com/la-fires-may-spark-end-200410704.html

    Compared to home values, the average statewide premium in 2023 was the lowest among all 50 states, according to the Reuters analysis. California’s high property values may make that insurance ...

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