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California Homeowners Unaffected by Wildfires Could Get New Insurance Bill
Changes in California's Fair Access to Insurance Requirements (FAIR) plan could mean higher expenses for homeowners after fires.
New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.
California’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will be paid."
California's FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los Angeles fires and may require a bailout that could ultimately be paid by homeowners statewide.
California issues new mandate that will have a major impact on homeowners' insurance: 'This is a historic moment'
"Californians deserve a reliable insurance market that doesn't retreat from communities most vulnerable to wildfires and climate change." California issues new mandate that will have a major impact on homeowners' insurance: 'This is a historic moment' first appeared on The Cool Down.
1h
on MSN
Collin Morikawa withdraws from 2025 Farmers Insurance Open at Torrey Pines
The PGA Tour announced three golfers in all were withdrawing from the event at Torrey Pines: Nicolai Hojgaard is out and ...
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Health care insurance is broken. How do we fix it? | The Excerpt
Across the country, whether it’s about skyrocketing costs or access to care, there seems to be wide agreement that health ...
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Of fires and floods: What you need to know about homeowners insurance
Natural disasters, such as wildfires and coastal flooding, raise questions about what insurance will cover (and what it won’t ...
3h
on MSN
2025 Farmers Insurance Open Full Field: A Trip to Torrey Pines Before the NFL
The PGA Tour’s California swing continues with 156 players competing prior to the NFL’s conference championships.
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on MSN
Insurance Companies Will Try to Exploit the L.A. Fires. We Can’t Let Them
Lara’s plan enacts an insurance industry wishlist to reduce scrutiny of rates, make homeowners across the state bail out ...
1d
on MSN
They lost their insurance. Then their homes burned
When Chad Comey heard sirens outside the Palisades condo he lived in with his parents last Tuesday, he didn’t think much of it. Then the fire alerts started.
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on MSN
North Carolina home insurance premium base rates increasing about 15% by mid-2026
A settlement has been reached by North Carolina's Insurance Department and the industry that sells homeowner policies.
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Homeowners Insurance Denied or Canceled? You Aren't Alone. Here's What to Do Next
Home insurance providers may deny you coverage or cancel your policy if you live in a region with widespread losses, you ...
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An Insurance Adjuster Explains the Long Road Ahead for L.A. Fire Victims
WSJ followed a public insurance adjuster surveying an L.A. neighborhood ravaged by recent fires to understand what’s in store ...
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on MSN
Here's where insurance companies see the most risk for disasters
In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.
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on MSN
NC, insurance companies reach deal on new premiums. Here’s how much you’ll pay.
Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the ...
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