A round up of announcements and actions by the state's insurance regulator, a consumer advocate and an industry trade association.

The recent outbreak of fires in Los Angeles (LA) have amounted to an estimated economic loss of $250 billion, making it the ...

Ohio Gov. Mike DeWine announced that a fire management crew has been dispatched to California to help battle the devastating ...

Susan Rubio, a Democrat from Baldwin Park, will refill the vacancy that Senate leaders briefly left open for a few weeks ...

California Gov. Gavin Newsom signed legislation Thursday afternoon that directs $2.5 billion in relief to help support wildfire response and recovery efforts in Los Angeles. There are no major ...

Adorned with moderate coastline temperatures, golden beaches, plush, vibrant blue waves, towering cinnamon-colored Redwood ...

Some policyholders who suffered total losses in L.A. fires are not getting claims advances for their living expenses and loss ...

According to Verisk, insured losses from the Palisades fire are expected to fall between $20 billion and $25 billion, while ...

Steven Greenhut joins us to discuss how California’s ongoing insurance crisis could be a double whammy for Southern California wildfire victims looking to rebuild. He gives the history of the state’s ...

So the ball is still mostly in California’s court. And insurers aren’t clamoring for more reforms, after last year’s series of moves by Insurance Commissioner Ricardo Lara to allow them to incorporate ...

BOSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to ...

As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it will never be the same again, because ...