Capital & Main1h
Burned: “Good Neighbor” State Farm Seeks Huge Rate Hikes After L.A. Fires
Firefighters had barely achieved full containment of the blazes that leveled whole neighborhoods in Los Angeles before State ...
Hosted on MSN19h
Insurance company looks to raise prices for millions of policyholders — here's who could be impacted
State officials say they will "respond with urgency." Insurance company looks to raise prices for millions of policyholders — ...
Californians brace for flooding in areas torched by wildfires as freezing rain, snow aim for Oregon
Thursday’s storms followed two days of heavy snow and freezing rain in a swath of the eastern U.S. stretching from Kentucky to Washington, D.C., that caused hundreds of traffic accidents, knocked out ...
LAist1d
To keep California high-risk insurer solvent, homeowners will face a one-time assessment
The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
Mansion Global1d
California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
WGAL2d
Pickup truck crashes into plow truck just hours after tractor-trailer jackknifes on same snowy road in Lancaster County
Two vehicles collided after a tractor-trailer jackknifed just four hours earlier on the same road during the snowstorm on Wednesday morning.
To Help Pay for L.A. Fires, California Will Collect $1 Billion From Insurers
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Travelers faces $1.7 billion impact from Los Angeles wildfires, future premium changes uncertain
Travelers reports a $1.7 billion impact from Los Angeles wildfires, with future premium changes in California and nationally ...