Before the world watched on as wildfires engulfed large swathes of California early in 2025, an insurance crisis was already starting to heat up. In the months and years before the disastrous 2025 ...
Mercury Insurance is preparing to file updated home policy rates in California using a new catastrophic modeling system designed to give property owners a lifeline to more affordable coverage in ...
LOS ANGELES, May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate ...
Nearly six months after a series of devastating wildfires, California’s property insurance crisis is far from stabilized. Many market participants are focused on the next climate-fueled disaster – be ...
New Safe Homes grants program, taking effect on Jan. 1, 2026, could begin taking applications in the spring, CA insurance ...
California, the innovation-driven state, the state of natural beauty, now stands in the middle of the crisis in its home and auto insurance industry. The residents like the ones in climate-sensitive ...
California's third-largest home insurer is seeking a 6.9 percent increase in its homeowner policy premiums under a recent regulatory reform that lets companies charge more in exchange for continuing ...