California's seventh largest home insurer is seeking permission to raise rates on homeowners by an average of 7.3% starting ...
USAA is seeking a 7.3% home insurance rate increase in California, affecting nearly 350,000 customers. The proposal uses new wildfire risk models and, if approved, would take effect after April 2026.
Residential policyholders across California could be paying several hundred million dollars to help cover the costs of claims ...
California has approved a package of new laws meant to stabilize the state "s faltering home insurance market and help property owners protect their homes from wildfires and recover when they lose ...
The FAIR Plan calculated its rate hike request using new guidelines approved by the California Department of Insurance late last year, which allow insurers to set premiums based on the growing threat ...
The number of homeowners forced onto the FAIR Plan has skyrocketed. With high premiums and basic coverage, the plan is designed as a temporary option until homeowners can find permanent coverage.
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 ...
The California FAIR Plan Assn., which covers homeowners denied insurance, is seeking a 35.8% rate increase, though some ...
California leaders have launched a regulatory blitz to address the spiraling cost of home insurance — a key part of the ...
Among California's solutions to its insurance crisis, there is a grant program that would help homeowners mitigate fire risk.
Managing general agent Delos Insurance Solutions said it will expand its wildfire coverage across five southern California ...
SACRAMENTO, Calif. (AP) — The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many ...