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California Residents Issued Dire Warning About Insurance Rate Rises

The president of California's property insurer of last resort has warned that rates could rise "substantially" in the near future. read more

California FAIR Plan could see 'substantial' home insurance rate increase

Californians on the FAIR Plan — the state’s “insurer of last resort” — can expect to see their rates rise sharply in the near future, the plan’s president testified Thursday. “There’s going to be a ... read more

Allstate could resume issuing new home insurance policies in CA

One of California's biggest home insurers could resume writing new homeowner policies if the department of insurance approves rule changes. read more

Allstate indicates resuming new California policies amid insurance crisis

Amid the ongoing insurance crisis in California, Allstate says it could soon resume writing new policies, though the move would come with some conditions. Allstate Insurance stopped writing new ... read more

Allstate talks of return to California home market, pending legal reform

Insurer says if the state changes regulations today, it would start writing new policies tomorrow “in nearly every corner of California.” ... read more

California bill that could change how companies insure, renew policies moves forward

Senate Bill 1060 would force insurers to take that mitigation work into account if they use computer programs to figure out where they want to issue and renew coverage. The measure was supported at ... read more

California exodus of home insurance companies continues

An increasing number of insurance companies have made the decision to stop insuring homes in wildfire-prone California. read more

Allstate considers underwriting in California, under one condition…

Allstate considers underwriting in California pending catastrophic modeling. This comes after two years of not accepting new policies. read more

More insurance companies leaving California

Two additional insurance companies are pulling out of California, leaving thousands more without coverage as wildfire season nears. read more

Major insurer vows increase in California home policies if risk estimation rules change

That statement came during a public hearing on rule changes, which would allow insurance companies to estimate future risks when asking the department to increase prices. read more

Home insurance crisis forcing thousands of San Diego homeowners onto costly FAIR Plan

The FAIR Plan is California’s home insurance plan of last resort. But policies in San Diego County more than tripled in recent years, which mirrors a troubling statewide trend. read more

Sacramento fire agencies prepare for wildfire season as more insurance companies leave California

Two additional insurance companies are pulling out of California, leaving thousands more civilians without coverage as the state nears the start of its wildfire season. read more