California’s largest private insurer dropped policies in high-risk areas, leaving homes financially unprotected from last ...
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...
After the devastating LA wildfires, homeowners like Louise Hamlin and Chris Wilson face starkly different rebuilding realities. Hamlin, covered by Mercury Insurance, quickly received payouts, while ...
LA homeowners face unequal rebuilding post-wildfires as insurance crisis leaves some covered while others struggle with minimal support.- Watch Video on English Oneindia ...
The Mercury News article provides a great reason for the government not to be in the insurance market. State Farm is forced to raise rates for everyone because California’s Fair (insurance) Plan only ...