California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim rate hike, the California Department of...
insured losses News
Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives...
Property claims volume rose 36% in 2024, driven by a massive rise in catastrophe claims thanks in part to a...
“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as...
Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los...
Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number...
California Gov. Gavin Newsom is enlisting veteran Republican lawmaker Ken Calvert to help push his $40 billion wildfire aid request...
Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
Santa Rosa. Paradise. Boulder County. Lahaina. Los Angeles. All are places that have shown that American cities and their water...
The 2024 hurricane season presented challenges for insurers thanks largely to hurricanes Beryl, Helene, and Milton—the three powerful storms caused...