5+ hour, 49+ min ago  (612+ words) By Todd Woody, Bloomberg The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California's largest utility, according to a government report that calls for a systemic overhaul of how the state responds…...

1+ day, 21+ hour ago  (955+ words) As insurers hike rates and cancel policies for thousands of homeowners across California, a new state report has proposed a series of reforms to prevent the property insurance market from cratering amid increasingly catastrophic wildfires " but some consumer advocates say…...

3+ week, 1+ day ago  (1230+ words) By GABRIELA AOUN ANGUEIRA Mari Younger cherished her life in West Maui. She worked hard at her career in the restaurant industry and was proudly self-sufficient, happily living in the same condo for 11 years, lovingly doting on her cat, Stella....

3+ week, 2+ day ago  (314+ words) By Leslie Kaufman, Bloomberg US home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about…...

3+ week, 4+ day ago  (502+ words) By Todd Woody, Bloomberg As another wildfire season looms, insurance companies have abandoned some California neighborhoods at lower risk of burning, forcing tens of thousands of homeowners to obtain bare-bones coverage from the state's insurer of last resort. "What we're…...

1+ mon, 1+ week ago  (600+ words) Los Angeles County is suing a private equity firm and corporate fire truck manufacturers for violation of antitrust and unfair competition laws stemming from years of acquisitions and mergers that have shrunk the market for new fire trucks, fire engines…...

4+ mon, 5+ day ago  (429+ words) Even as devastating wildfires drive up home insurance costs across California, premiums overall remain relatively low compared to many other states, a new UC Berkeley report finds. But that could change as state regulators phase in new reforms allowing insurers…...

4+ mon, 2+ week ago  (680+ words) Farmers Insurance Group, California's second-largest home insurance company, is seeking a rate hike amid plans to lift a cap on the number of new homeowner polices it writes each month in the state. The insurer announced this month that it…...

4+ mon, 3+ week ago  (225+ words) MONO COUNTY" " A fast-moving wildfire in a picturesque California county along the Nevada state border has damaged 15 structures, prompted evacuations and forced the closure of part of a highway on Thursday as firefighters worked to contain it in the face…...

4+ mon, 3+ week ago  (753+ words) Homeowners across California will soon see a new charge on their monthly insurance bills to help pay claims arising from this year's devastating Los Angeles wildfires. Most of the temporary fees imposed by the state's largest insurance companies will be…...