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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 ...
If the four-lane Pacific Coast Highway wasn't enough of a ... These regulations have created a financial crisis in California's property insurance market and are the driving force behind the state ...
As a result, many homeowners were forced to obtain coverage from the state’s insurer of last resort, the California Fair Access to Insurance Requirements (CA FAIR) Plan, which covered 1,430 ...
The California mission system is a reminder of the Pacific Coast's colonial era. In 1769 Father Junípero Serra founded San Diego after occupying the Kumeyaay village of Kosa'aay and created the first of the California missions, Mission San Diego de Alcalá. [17] [18] The Valley of Tijuana was explored the same year by Juan Crespí. [19]
California's high property values may make that insurance seem relatively cheap, but even on an absolute dollar basis residents the average annual premium of $2,200 was less than residents paid in ...
Coastal California is heavily influenced by east–west distances to the dominant cold California Current as well as microclimates.Due to hills and coast ranges having strong meteorological effects, summer and winter temperatures (other than occasional heat waves) are heavily moderated by ocean currents and fog with strong seasonal lags compared to interior valleys as little as 10 mi (16 km) away.
The West Coast of the United States, also known as the Pacific Coast and the Western Seaboard, is the coastline along which the Western United States meets the North Pacific Ocean. The term typically refers to the contiguous U.S. states of California, Oregon, and Washington, but it occasionally includes Alaska and Hawaii in bureaucratic usage.
That included about 1,600—just under 70% of total policyholders—in the Pacific Palisades ... California's Department of Insurance announced insurers will be required to cover more homes in ...