Archive

California insurance department launches first parametric flood solution

State looks for new ways to tackle climate change impacts

California's coverage crisis rules leave loopholes for insurers to exploit

Insuring property has changed forever as a result of global warming

Regulators and associations discussed California's insurance crisis at an event in Long Beach

State Farm could cut a million Californian policies by 2028

Insurer faces solvency challenges unless allowed to raise rates

California introduces changes to FAIR plan to remove "negative feedback loop"

Fire insurer-of-last-resort introduces high-value commercial coverage option

California regulator halts renewal of Consumer Watchdog's status as consumer representative

Watchdog has hindered rate making process in California, say industry groups

State Farm seeking 50% homeowners rate rise in California

Request raises questions about company's financial condition, says Ricardo Lara

Extreme heat cost California $7bn in last decade, says insurance department

Peril is not well covered by insurance, according to CDI report

State Farm announces further pullback from California

Move to halt further 72000 policies comes despite regulatory reforms

Lara addresses California's insurance emergency

Will not be pressured by "entrenched groups seeking to defend a broken status quo"