Insurers paid out a record £585 million (U.S. $724.7 million) for weather-related damage to people’s homes and possessions in 2024...
losses News
Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers...
Hawaii’s Supreme Court heard arguments last week over insurance issues that are tying up a potential $4 billion settlement over...
As Los Angeles reels from deadly January wildfires that destroyed thousands of homes, California Gov. Gavin Newsom signed an order...
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other...
Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
Removing toxic waste from the foothills and coastal canyons where more than 16,000 homes and businesses burned down in the...
A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one...
USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report...
State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases,...