Colorado’s already high cost of homeowners insurance not likely to rise because of California fires – for now
Lawmakers will debut two major bills to rein in home insurance. The state will also begin selling insurance plans to homeowners who are no longer offered insurance in the private market.
Just before wildfires hit, California told insurers to cover homes in risky areas. In return, they can pass on a key cost to customers
Days before wildfires ravaged the Los Angeles area, California's insurance commissioner said carriers will be required to increase coverage in risky areas. In exchange, insurers got more leeway on how much they can charge homeowners.
Damages from LA fires could impact insurance for all Californians, despite new rules
There is no official dollar amount for the damages from the Los Angeles wildfires, but initial estimates by some experts put it at $20 billion to $50 billion for insurers.
California lawmakers to consider expediting insurance claims after L.A. fires
As lawmakers regrouped Thursday after fiery devastation across Los Angeles, Assembly Speaker Robert Rivas vowed to back legislation to help homeowners expedite insurance claims, while Senate leader Mike McGuire delivered a tearful floor speech addressing California’s “hellish week.
CEO of California’s third-largest home insurer says state is still insurable after L.A. fires
The ongoing Los Angeles wildfires are the pinnacle in a series of bad blazes that have plunged the state’s insurance market into a state of deep crisis. But the CEO and president of the third largest home insurance company in the state believes that California,
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