AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
Moody’s Expects LA Wildfires to Increase Property Insurance Costs Across State January 23, 2025 Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs...
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims? January 16, 2025 By L.S. Howard There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash...
Los Angeles Fires Become Existential Test for California’s Stopgap Insurer January 9, 2025 By Leslie Kaufman The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history,...
Top West Region Insurance Journal Stories of 2024 December 30, 2024 By Don Jergler Wildfires and their effect on the California’s homeowners insurance crisis dominated Insurance Journal’s West headlines this year. Other popular stories...
Wildfire Risk Upends California’s Cannabis Heartland as Insurance Vanishes September 18, 2024 By Nadia Lopez Hannah Whyte is one of thousands of Californians who have struggled to insure their property in the event of wildfire....
California Policyholders May Be On the Hook for Wildfire Losses September 9, 2024 California homeowners could be required to pay a surcharge if the state’s insurer of last resort is unable to cover...
Amwins Launches Excess Wildfire Product for California Residential Properties April 4, 2023 Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California...
Delos in California Launches New Program to Expand Wildfire Insurance Options November 15, 2022 Delos Insurance Solutions launched a program to expand homeowners insurance options for Californians facing wildfire risks and provide full home...
Judge Deals Blow to California FAIR Plan’s Efforts to Stay Insurance Commissioner’s Order February 11, 2022 A judge has denied a request a preliminary injunction to halt the enforcement of an order from California Insurance Commissioner...