Insurance

A round up of announcements and actions by California Insurance Commissioner Ricardo Lara and the state's Department of Insurance to assist residents with claims and insurance-related issues.

It's essential for insurers to be ready when disasters strike.

Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California.

There were about 39 funding events in the insurtech sector in December, according to a review by Digital Insurance.

When residents can finally return to see what's left of their homes, filing a claim and understanding the process could be challenging for many.

Financial profiles of borrowers in the coastal areas where insurance coverage is required vary significantly from at-risk homeowners inland, CFPB's analysis found.

Insights from insurance professionals on what might be ahead for the industry in 2025.

Californians have paid relatively less for coverage than homeowners in the storm-stricken Midwest and Southeast regions, according to Intercontinental Exchange.

The National Flood Insurance Program has been kept alive with short-term authorizations since 2017. Flood risk data and increased use could strengthen it.

The California FAIR Plan Association, already vulnerable financially, will likely need an assessment of insurers or policyholders as a rescue measure, according to experts.