The Travelers Companies Inc (NYSE:TRV) on Tuesday disclosed a preliminary pre-tax loss estimate of $1.7 billion due to the California wildfires in January 2025.
Travelers said it expects pretax catastrophe losses of $1.7 billion from the devastating wildfires that struck southern ...
Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
The FAIR Plan provides nearly $6 billion of wildfire coverage in that area, among the highest totals in the state. At present ...
For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. The FAIR Plan, California's state-created ...
With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR Plan, the state's insurer of last resort. FAIR policies have spiked 123% over ...
As The New York Times reported, experts are warning that the rising ... Many of the homes impacted by the recent fires are insured through California's FAIR Plan, a state-backed program designed as a ...
The California FAIR Plan has an outsized share of the state’s riskiest policies because it is the insurer of last resort for home and building owners who can’t get coverage elsewhere.
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