Insurance Insider13h
California FAIR Plan has already paid out $700mn+ for LA wildfires
The California Fair Plan (CFP) has already paid out more than $700mn for damages related to this year’s Los Angeles wildfires ...
Digital Insurance19h
Wildfires, cybersecurity: What insurers need to know in 2025
The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...
Auburn leaders explore expansion in city's long-term general plan
The effort marks the first update to Auburn's master plan in nearly 30 years, and officials say they are literally mapping ...
State farm was all in on California—until it pulled the plug before the fires
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.
insurancebusinessmag3d
Policyholders turned to FAIR Plan for coverage amid fewer primary insurers in California – AM Best
A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...