The California FAIR Plan Association (FAIR Plan) says it will appeal a ruling by the Los Angeles Superior Court the association believes will lead to unnecessary rate increases for all FAIR Plan policyholders and unnecessarily expand the role of the …
Acquiring home insurance has long been a mundane but necessary chore. In California, for hundreds of thousands of residents, it’s turned into a labyrinthine quest that leaves people with expensive, bare-bones coverage. That’s because an increasing amount of Californians have …
Mercury Insurance has launched two new programs designed to help Californians better protect their homes and families if they live in areas prone to wildfires. Homeowners who take one or more steps to either harden their homes against wildfires or …
This post is part of a series sponsored by CoreLogic. 2018 was another catastrophic year for wildfires across the United States. Nearly 9 million acres burned, and many lives, homes and businesses were lost. California alone had over 1.8 million …
Sage Insurance Holdings LLC (Sage), a California wildfire-focused homeowners insurance provider, has increased its capacity and will now write exposures up to $4 million TIV. For a primary home, that translates to an allowable Coverage A of $2.1 million. In …
The insurers behind California’s Fair Plan, the insurance market of last resort for homeowners, think it’s a bad idea to broaden the coverages available from the Fair Plan beyond basic dwelling fire insurance, an expansion being ordered by the state’s …
California utility giant PG&E Corp. expanded the biggest blackout that has ever been orchestrated to prevent wildfires with a second round of shutoffs in the Sierra Nevada foothills. The company told reporters late Wednesday that it had begun the second …
Church Mutual Insurance Company and Church & Casualty Insurance Agency have launched CM Wildfire Solutions, a no-cost, multifaceted program to keep customers and their property safe from the devastation of wildfires. CM Wildfire Solutions is being piloted in California with …
The number of homes at risk from wildfires in western U.S. states jumped 62 percent in the past year as more properties were developed in fire-prone areas, according to a report released on Thursday. About 1.2 million homes valued at …
