The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
That growth came despite catastrophe claims ... as justification for rate increase requests. For example, the California FAIR plan — the state-created insurer of last resort for homeowners ...
Some were forced into the state’s so-called “last resort,” the California FAIR Plan, which has seen demand soar in recent years but only covers residential properties for up to $3 million.
Kemper's strategic exit from insurance boosts FCF growth through 2031. See why KMPR stock’s strong repurchase plan enhances demand and stock price.
That growth came despite catastrophe claims losses of $315 ... with the fires as justification for rate increase requests. For example, the California FAIR plan — the state-created insurer of last ...