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Everything A Leading Insurer Just Said
These California Insurers Cut Policies Before Devastating Wildfires
Several California insurers cut policies in wildfire-prone areas in recent years, leaving homeowners scrambling for options.
California Wildfires: Everything A Leading Insurer Just Said
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 Jones component,
Will LA wildfires prompt insurers to ditch California? Not necessarily.
State Farm and Allstate stopped offering new homeowner policies in the state in 2023, but the market may be too big to exit entirely, experts say.
How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
California wildfires: What we know about L.A.-area fires, what caused them, who is affected and more
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted the second week of January and roared across the Los Angeles area.
12d
on MSN
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
6h
Allstate Sued in Illinois Over Sale of 45 Million Drivers’ Data
Allstate Corp. faces a proposed class action for allegedly violating California and federal wiretapping and privacy laws with ...
13h
on MSN
Why all California homeowners could be on the hook for LA County wildfire costs
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
7d
California Home Insurers That Denied The Most Claims
Some of the biggest insurers in California had the highest number of national claim denials in 2023, according to Weiss ...
22h
on MSN
Allstate to raise Illinois homeowners insurance rates by 14.3%
As California smolders in the wake of devastating wildfires that burned 12,000 homes and left billions of dollars in damage, insurance rates are set for another double-digit rise 2,000 miles away in ...
12d
California homeowners insurance market tested as fires rage
Raging wildfires in Southern California are an early, high-stakes test of new regulations designed to shore up the state’s ...
8d
How price controls destroyed California’s housing insurance market
California lawmakers thought it was sensible to pass an economic policy that has been failing for more than 4,000 years.
7d
on MSN
L.A.-based Farmers tops survey of big California home insurers that decline the most claims
Weiss Ratings issued a report alleging that Farmers Insurance and other California insurers reject nearly half of claims from ...
Business Wire
12h
CaseyGerry Investigates Alleged Privacy Violations by Allstate and Arity, LLC
California-based plaintiffs’ law firm CaseyGerry is investigating allegations against Allstate Corporation and its subsidiary ...
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