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Homeowners in areas at high risk of wildfires could have an easier time finding insurance coverage in the future under an eagerly-awaited proposal released Wednesday by the Department of Insurance
California insurers will be required to sell coverage in wildfire-prone regions that have seen an insurer exodus in recent years, state Insurance Commissioner Ricardo Lara announced Monday. Under ...
(The Center Square) - California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms ...
Of the top 20 most destructive wildfires in state history, 14 have occurred since 2015, according to the California Department of Forestry and Fire Protection. Insurance companies have responded ...
Mosquito Fire A pyrocumulonimbus cloud rises from the Mosquito Fire on September 8, 2022 Date(s) September 6 (6-09) – October 22, 2022 (2022-10-22) (47 days) Location Placer County and El Dorado County, Northern California, United States Coordinates 39°00′22″N 120°44′42″W / 39.006°N 120.745°W / 39.006; -120.745 Statistics Burned area 76,788 acres (31,075 ha; 120 sq mi ...
California will now let insurance companies consider climate change when offering policies, in exchange for a mandate requiring them to offer coverage in wildfire-prone areas, state leaders ...
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 ...
Months after California's home insurance market was rattled by major companies pausing or restricting their coverage, the state's top regulator said Thursday that he would write new rules aimed at ...