For many years, the homeowners insurance market operated as a relatively stable and predictable sector in California. Changes were incremental,...
homeowners insurance News
Southern California Edison will begin its first close-up physical inspections of certain power equipment under investigation for possible links to...
Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los...
After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss...
While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the...
California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is...
Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new...
Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported...
Billionaire Joe Gebbia, the co-founder of Airbnb Inc. and a board member of Elon Musk’s Tesla Inc., plans to donate...