California’s insurer of last resort runs out of money to pay L.A. fire claims
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said ...
Blue Cross Blue Shield $2.67 billion settlement: Who is eligible? Payments average $333
Payments stemming from a $2.67 billion settlement related to a class action lawsuit against insurance company Blue Cross Blue ...
recordonline6h
Blue Cross Blue Shield will award $2.67B in settlement payments. How to see if you're eligible
A class-action lawsuit was filed against Blue Cross Blue Shield in 2013, alleging that the company broke antitrust laws by limiting market competition.
2 Arizona DES workers admit to accepting bribes for claim approvals
Two Arizona government employees pleaded guilty to taking bribes to approve financial assistance and embezzling nearly $3.5 ...
Santa Barbara Independent15h
Commissioner Lara Takes Action to Ensure FAIR Plan can Continue Paying Consumer Claims After the Southern California Wildfires
Ordering the insurance companies’ FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner ...
Florida Politics20h
Don Gaetz, Alex Andrade push bills to help curb cost of property insurance
Crestview Republican Sen. Don Gaetz and Pensacola Republican Rep. Alex Andrade have filed bills ( SB 554, HB 451) to reduce property insurance costs across the board.
PBS23h
Hawaii court rules against insurance companies in Maui wildfire, allowing $4 billion settlement to proceed
The massive inferno that was the deadliest in the U.S. in more than a century decimated the historic town of Lahaina, killing ...