Insurance commissioner Lara Seeks meeting with State Farm on rate request
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
LAist on MSN2d
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.
Sierra Sun Times1d
California's Public Consumer Claims Tracker Continues to Show Progress in Los Angeles Wildfire Claim Amounts, Payments, and Auto Claims
California's Public Consumer Claims Tracker Continues to Show Progress in Los Angeles Wildfire Claim Amounts, Payments, and ...
insurancebusinessmag1d
Revealed - insurers may recover up to half of $1B California FAIR Plan assessment
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
reinsurancene1d
Claims paid for California wildfires reach $6.9bn: Commissioner Lara
As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...