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Court rejects bid to beef up policies issued by California's home insurer of last resort
3+ mon, 4+ week ago (815+ words) Retired nurse Nancy Reed has been through the ringer trying to get insurance for her home next to a San Diego County nature preserve. First, she was dropped by her longtime carrier and forced onto the state's insurer of last…...
Troubled State Farm seeking a 39% rate hike for umbrella policies
1+ year, 2+ week ago (556+ words) State Farm General, already seeking an emergency 22% rate hike for its homeowners insurance, has asked California regulators for an even larger increase for its add-on umbrella insurance. The state's largest home insurer has filed for a 39% premium hike for its…...
How to Avoid Legal Fraud After a Wildfire
10+ mon, 4+ week ago (705+ words) As wildfire survivors work on rebuilding after facing terrible loss or damage to their homes, many people sincerely offer their help during recovery, but some people offering a hand are scammers. Scammers know wildfire survivors need help with insurance claims,…...
Business Interruption Insurance: What It Covers and What It Doesn't After a Wildfire
11+ mon, 1+ week ago (510+ words) Los Angeles business owners suffered heavy losses after the Palisades and Eaton fires. Some saw their buildings and inventory reduced to rubble, while others lost their customer bases as communities left their neighborhoods to seek refuge and recover. If a…...
California utility bills are 20% higher due to wildfires
1+ week, 3+ day ago (599+ words) 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. The report calls for a systemic overhaul of how the state responds to conflagrations as…...
Home insurance premiums set to rise again as extreme weather drives costs up
1+ mon, 2+ day ago (311+ words) 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, 057 this year, after jumping 12% in…...
State Farm reaches deal to to keep 17% hike in home insurance rates
1+ mon, 1+ week ago (966+ words) A brokered deal with regulators and consumer advocates will allow State Farm General to keep controversial rate increases in home insurance rates that took effect last year in the wake of the devastating Los Angeles wildfires. The agreement sent to…...
Why California Auto Insurance Rates Are Skyrocketing in 2026
1+ mon, 2+ week ago (20+ words) Los Angeles Times Why California Auto Insurance Rates Are Skyrocketing in 2026...
State fire marshal misses deadline for apartment building safety report, angering housing advocates
2+ mon, 12+ hour ago (531+ words) In the fall of 2023, the California Legislature tasked the state's fire safety regulators with writing a report that some housing affordability advocates say could make it easier to build bigger, airier and better-lit apartment buildings in California's housing-strapped cities. The…...
So Cal company accused of starting 680-acre wildfire pays $2. 5 million
2+ mon, 1+ day ago (342+ words) An Upland-based company that started a 2021 wildfire that burned hundreds of acres and damaged dozens of properties has agreed to pay $2. 5 million to settle a lawsuit accusing the company of negligence, the Justice Department announced. Garrett John Gentry and his…...