Car Insurance Prices Keep Rising and Drivers Are Struggling to Keep Up
Car insurance prices are more than double the cost compared to five years ago, forcing drivers to cut or reduce their coverage to afford premium costs.
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
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 ...
How Car Insurance Would Help Tariffs Cast a Long Inflation Shadow
Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.
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Insurance commissioner says homeowners in fire zones will likely be covered in event of debris flows
As what's expected to be the most powerful winter storm of the season begins to bear down on Southern California, many residents living in and around the recent burn areas are probably asking ...
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California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
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To keep California high-risk insurer solvent, homeowners will face a one-time assessment
The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
California bails out FAIR Plan with $1 billion assessment in wake of L.A. fires
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
New York isn’t alone when it comes to granting driver’s licenses to immigrants without legal status
While U.S. Attorney General Pam Bondi announced legal action Wednesday against New York officials over a 2019 state law allowing immigrants to obtain state-issued driver’s licenses ...
California homeowners to face new fees to keep fallback insurance plan solvent
California's FAIR Plan imposes $1 billion assessment on homeowners and insurers to ensure solvency amidst growing wildfire ...