Best's Commentary: Wildfires Intensify Troubles in California's Property Insurance Market
In a new commentary, AM Best notes that policyholders in California had increasingly turned to the state's insurer of last resort and nonadmitted market for homeowners' coverage prior to the wildfires due to reduced availability from primary insurers.
Southern California Edison (SCE), a subsidiary of Edison International , said on Thursday that it was probing whether its ...
The losses from past California wildfires sent one of the nation’s biggest utility companies into bankruptcy. So lawmakers ...
A California utility said Thursday that its equipment likely sparked a wildfire in Los Angeles that broke out the same day as ...
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial ...
"The LAFD has not had the funding mechanism to supply enough mechanics and enough money for the parts to repair these engines, the trucks, the ambulances," said IAFF Local ...
The two fires sparked on Jan. 7 during a historic wind event and swept through the Pacific Palisades and Altadena, killing at ...
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
Before a wildfire ravaged their Altadena, California street, Louise Hamlin and Chris Wilson were neighbors in nearly ...
It's estimated the damage from the Southern California wildfires will cost up to $45 billion to remedy. That's according to ...
Taylor McLeod's family’s life was turned upside down over winter break when they lost their home in the Palisades Fire.
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
A California utility said Thursday that its equipment likely sparked a wildfire in Los Angeles that broke out the same day as ...
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