Late last year, FEMA, which administers the National Flood Insurance Program, announced that policyholders will soon have the option to pay their premiums in monthly installments rather than a lump ...

In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...

In the wake of the Los Angeles fires, State Farm asked for an "emergency" premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.

Mergers and Acquisitions (M&A) are pivotal strategies for businesses seeking growth, diversification, or strategic ...

The Federal Emergency Management Agency is borrowing $2 billion to pay National Flood Insurance Program claims. The agency ...

After Hurricane Helene and Hurricane Milton pounded Florida’s Gulf Coast last year, the Federal Emergency Management Agency ...

A proposed new law would release homeowners from the onerous process of listing every object lost in a destroyed home.

Leaving it late to buy cover could leave you short of protection if something goes wrong, but it's unlikely to hike the price ...

State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.

California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...

The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.

As thousands of homeowners are scrambling to repair damage from the Southern California wildfires, others here in the Bay area are dealing with wind damage and flooding from recent storms. Let's see ...