California, a state in the western US, has introduced the Net Cost of Reinsurance in Ratemaking Regulation. According to the California Department of Insurance, this new rule is the first to require ...
Home sales in California are slumping as homeowners struggle to find insurance at a time when many private companies are cutting coverage, refusing to renew policies or withdrawing from the state ...
Losses from the Los Angeles fires threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to find and keep affordable homeowners insurance. Related ...
California Insurance Commissioner Ricardo Lara approved a plan to increase temporary fees for most California home and fire insurance customers to bail out the Golden State's last-resort fire ...