State Farm Seeking Large Rate Increases in Wildfire-Prone California July 3, 2024 By Don Jergler and Chad Hemenway State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7%...
Home Insurance at $10,000 a Year Shows California Buyers’ Pain June 24, 2024 By Nadia Lopez and Paige Smith California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US....
New $20M Coverage for California Commercial Property E&S Risks in Wildfire Areas May 8, 2024 Wildfire Defense Insurance Services is offering a $20 million excess and surplus commercial property coverage for E&S risks in wildfire...
State Farm Nonrenewing 30K California Homeowners, Renters March 20, 2024 State Farm General Insurance Co. said it will non-renew 30,000 California homeowners, rental dwelling, and other property insurance policies State...
California Wildfire at 20% Containment, Evacuation Orders Lifted February 18, 2022 A wildfire near Bishop, California, is only 20% contained, however evacuation orders have been lifted. The Airport Fire, which started...
Hedge Fund Collects $3 Billion in Bet on Wildfire Insurance Claims August 24, 2020 By Michael McDonald and Mark Chediak Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on...
Factors that Contribute to Prolonged Recovery after California Wildfires December 4, 2019 By Annette Tierney, Senior Pro, Product Marketing This post is part of a series sponsored by CoreLogic. As strong winds further exasperate the prime weather conditions for...
California Wildfires: May Take Years for Full Recovery October 30, 2017 By Kathleen Ronayne It will take at least months and likely years to fully recover from devastating wildfires that ripped through Northern California...