More than 30 states have Fair Access to Insurance Requirements (FAIR) plans, which are state-run programs backed by private ...

Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.

With premiums having risen approximately 20% between 2020-2023 nationwide, a new study examines how homeowners managing the ...

LA's catastrophic fires ring alarm bells in Australia, where global ripple effects are likely to force up insurance premiums.

The News Tribune asked experts how insurance companies calculate wildfire risk and what prompts them to drop policyholders.

Verisk's Extreme Event Solutions division estimates that the insured industry losses to property from both the Palisades and ...

The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...

It’s time to require these companies to compensate communities, homeowners, businesses and even insurers for the losses.

When the Los Angeles wildfires erupted, reducing thousands of homes to ash and leaving countless families displaced, a ...

The California insurance market has been struggling for years, with companies increasingly pulling out due to rising losses from larger, more frequent wildfires.

In its filing, Northbrook-based Allstate said nearly 248,000 customers in Illinois will be affected by the 14.3% homeowners ...

Regulators in California made it difficult for insurers to raise rates despite increasing risks. So the insurers stopped writing policies, which is logical. But they'll get blamed and shamed anyway.