Econometer: Will California insurance reforms be enough to stop insurers from leaving?
Losses from the Los Angeles fires threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to find and keep affordable homeowners insurance. A major concern out of the destruction is not just the people without insurance,
California Home Insurers That Denied The Most Claims
Some of the biggest insurers in California had the highest number of national claim denials in 2023, according to Weiss Ratings.
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Will LA wildfires prompt insurers to ditch California? Not necessarily.
State Farm and Allstate stopped offering new homeowner policies in the state in 2023, but the market may be too big to exit entirely, experts say.
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires threaten to make the problem worse.
L.A.-based Farmers tops survey of big California home insurers that decline the most claims
Weiss Ratings issued a report alleging that Farmers Insurance and other California insurers reject nearly half of claims from state homeowners. Insurers have disputed the findings.
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California wildfires could have ‘domino effect’ on Utah’s home insurance market
Utah Gov. Spencer Cox said homeowners can continue to trust the state’s insurance market amid increasing concerns about wildfire risk.
Woman Fights California Wildfires to Save Home After Insurance Cancelled
An emergency room nurse from Sierra Madre ran towards the Eaton fire to save her elderly parents' home in Hastings Ranch from going up in flames after their insurance company dropped their fire insurance, she told Los Angeles' KABC-TV in a video shared on YouTube on Wednesday.
How price controls destroyed California’s housing insurance market
California lawmakers thought it was sensible to pass an economic policy that has been failing for more than 4,000 years.
How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
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The Insurance Crisis Looming in California as the Wildfires Burn
California’s Department of Insurance has worked to repair the broken insurance system, but the LA fires threaten to undo the progress the state has made.
California's Home Insurance Crisis: Rising Risks, Soaring Costs and Limited Options
As wildfires intensify across California, insurers retreat, leaving homeowners with fewer coverage choices and higher costs. Learn what’s next for the California insurance market.
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‘Very Scary’: How Leftist Regulations Could Kneecap California’s Rebuilding Process Following Massive Infernos
After helping drive major insurers to flee the state, red tape from California’s liberal insurance regulators is poised to hamper rebuilding Los Angeles-areas