Direct Home Insurer Kin Raises $50M in Series E Financing September 8, 2025 Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of...
Viewpoint: Delay, Deny, Defend for California Wildfire Claims? September 2, 2025 By Dan Veroff and Derek Chaiken Eight months after the Palisades and Eaton wildfires in Los Angeles, commercial and residential policyholders continue to report unreasonably long...
Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying a Legal Grey Zone August 28, 2025 The California property insurance market is undergoing a dramatic shift. As admitted carriers restrict their appetite for business in the...
TransUnion: Aggressive Shopping Continues for Home, Auto Coverage August 25, 2025 By Jahna Jacobson More and more consumers are looking for lower prices to protect their investments as the costs of owning both properties...
Studies Tie Unrecognized Deaths, Health Problems to Hawaii And LA Wildfires August 19, 2025 By Mike Stobbe The toll of wildfires is usually counted in acres burnt, property destroyed and lives lost to smoke and flames. But...
Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation August 15, 2025 Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as...
Containment Grows Slowly on Megafire in California August 12, 2025 Firefighters continue to slowly make gains a massive wildfire burning in two California counties, now the biggest fire in the...
While LA Burned, Rules to Protect Homes From Wildfires Were on Hold August 12, 2025 By Todd Woody As wildfires raged across Los Angeles in January, a state official parried an email from a resident living on the...
Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best August 8, 2025 Last year’s sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance...
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents August 6, 2025 Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance...