Insurance

California insurance commissioner Ricardo Lara proposes stricter standards for Consumer Watchdog's compensation in representing home insurance policyholders against insurers' rate increase proposals.

According to the CCC's Q3 2025 report, average repair costs increased almost 4 percent.

Ransomware accounted for 60% of large cyber claims for the first half of the year, but frequency dropped 30%.

Insurers lack adequate and accurate data, even finding incorrect death certificates, making it more difficult to assess underwriting risk correctly.

AB 226, still subject to governor's approval, allows likely $1 billion of borrowing to cope with strains on the state's insurer of last resort.

Modernization should never be viewed solely as an IT project.

The Insurance Institute for Highway Safety (IIHS) released safety performance ratings for seven new electric vehicle models.

New law, SB 429, California Wildfire Public Catastrophe Model Act, depends on the state's university system and its resources to check insurers' and regulators' risk modeling.

Flood insurance company Neptune Insurance Holdings Inc.'s shareholders are seeking to raise $368.4 million.