AM Best: Migration to Cat-Prone States Fuels Record HO Underwriting Losses in 2023 July 29, 2024 The U.S. homeowners insurance segment suffered a $15.2 billion underwriting loss in 2023, more than double the loss seen in...
California Commissioner Announces FAIR Plan Modernization Deal July 26, 2024 California Insurance Commissioner Ricardo Lara said on Friday that he and the California Fair Plan have agreed to establishing a...
California Wildfire Continues to Spread Rapidly to 164K Acres July 26, 2024 A massive wildfire in Northern California has destroyed an undetermined number of buildings and is threatening thousands or properties, prompting...
Northern California Fire Becomes State’s Biggest in a Day, Evacuations Ordered July 25, 2024 A wildfire that started Wednesday near Chico, California grew quickly to 45,549 acres overnight to become the state’s largest active...
New Mexico Superintendent of Insurance Takes Issue with Ruling on Living Expenses July 25, 2024 A Santa Fe District Court ruling that State Farm and Casualty Co. does not have to comply with a provision...
AGs in 14 States Want FHFA to Drop Plan to End Title Insurance Requirements July 24, 2024 Attorneys general from 14 states, most of them in the South, are urging the Federal Housing Finance Agency to back...
Southern California Blaze Destroys Six Homes, Other Fires Still Burning in State July 23, 2024 A Southern California fire destroyed six homes and damaged seven others in a blaze that was reportedly ignited by fireworks....
Buffett’s PacifiCorp Suspected of Collusion by Wildfire Victims’ Law Firms July 22, 2024 By Jonathan Stempel The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine...
Sizzle Safely: Insurance Strategies for a Worry-Free Summer BBQ July 19, 2024 By Andrew Leeds Independent agents play a critical role in helping clients find the right home insurance policies for them. They are also...
Hawaiian Residents Return Home After Crews Contain Wind-Swept Wildfire July 16, 2024 Firefighters have contained a wind-swept wildfire that was threatening about 200 homes on the Hawaiian island of Kauai, authorities said...