Travelers Companies crushed earnings estimates for the fourth quarter of 2024 on Wednesday but signaled the California wildfires will take a toll in the current first quarter. Travelers stock, a Dow ...

Allstate Corp. faces a proposed class action for allegedly violating California and federal wiretapping and privacy laws with ...

In the wake of the devastating fires that have torn through Los Angeles, leaving at least 12,300 structures reduced to ash, residents are ...

As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it ...

Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.

Allstate plans to raise homeowners’ insurance rates by 14.3% for Illinois customers. The move, disclosed in a state filing, ...

In its filing, Northbrook-based Allstate said nearly 248,000 customers in Illinois will be affected by the 14.3% homeowners ...

Insurance companies were fleeing fire-prone parts of California even before the disaster in Los Angeles. Policymakers are ...

About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

The Palisades and Eaton wildfires in Los Angeles County have displaced thousands of homeowners — many of whom have inadequate coverage due to the state’s broken home insurance system. And ...

The limited exposure of reinsurers reflects a strategic reduction in their natural catastrophe risk exposure in recent years.