News
California chooses its next insurance watchdog amid wildfire crisis
1+ hour, 52+ min ago (199+ words) Have you lost your insurance or seen your premiums rise? The commissioner regulates the nation's biggest insurance market and faces a complex set of issues as wildfire risk grows. Californians finish voting Tuesday for who they think can best tackle…...
California: State Farm violated law in handling of L. A. fire insurance claims
4+ week, 17+ hour ago (402+ words) Join us at the Cal Matters Ideas Festival on May 21. " Get your tickets now. The Insurance Department found hundreds of violations by State Farm and calls for millions of dollars in penalties and a possible suspension. State Farm could face…...
Opinion | When insurance fails, California's families and communities feel the fallout
2+ mon, 2+ week ago (565+ words) Marcella Cranford is an actress'and former preschool teacher who lives in Los Angeles I didn't lose my home to a wildfire. I lost my homeowners' insurance to one. The letter arrived without much explanation, a notice from my insurance company…...
Some State Farm customers could see refunds while homeowner rate hikes stay put
2+ mon, 3+ week ago (377+ words) State Farm reaches settlement over emergency insurance rate hikes after last year's Los Angeles County fires. The Los Angeles County fires last year drove up insurance costs for many Californians. Now, a proposed settlement means some State Farm policyholders whose…...
Regulating California's broken insurance market is a brutal job. Who wants to do it?
2+ mon, 4+ week ago (718+ words) Ricardo Lara's successor will have a full plate. Insurance premiums are rising; fire survivors are struggling; the FAIR Plan is still growing. In November, Californians will vote for "the second-hardest job in the state behind the governor." That's according to…...
Fires burn swiftly, but insurance battles linger: New bills propose consumer-friendly regulations
4+ mon, 1+ week ago (794+ words) As fire survivors continue to navigate life after disaster, California lawmakers roll out new bills attempting to further regulate insurance companies like State Farm. Jen Egan is still dealing with the aftermath of the Palisades Fire that damaged the home…...
New CA bills, inspired by fires, seek insurance changes
4+ mon, 1+ week ago (697+ words) Facing insurance claim delays, revolving doors of claims adjusters and payouts that don't cover the cost of repairs, survivors of last year's devastating Southern California wildfires still struggle not only with the aftermath of the disaster but also with their…...