California

Verisk and Moody's are the first two modeling companies to submit their models to the California Department of Insurance. A Verisk executive explained the functioning of their model and what insurers' options are.

A trio of blazes in SoCal have destroyed over 2,000 homes and structures in neighborhoods with average property values well above the national average.

The wildfires add pressure to California's home insurance market, which has faced a growing crisis in recent years.

The most destructive wind storm to strike the Los Angeles area in 14 years is fanning wildfires.

California adopted a rule that aims to bolster access to home insurance in the state, after several major carriers retreated from the market amid growing risk of wildfires.

Seven out of the 12 biggest home insurers have limited their coverage in California over the past two years; increased fire risk driven by climate change is part of the reason.

California's IBank has partnered with an insurer and fire resilience fund to pay for fire resilience programs.

Following a judge's ruling, California Insurance Commissioner Ricardo Lara promises clarifications on questions about rate increase processes.

In California, wildfire readiness is quickly becoming a financial necessity.

California hospitals will be forced to close if they don't complete earthquake safety upgrades by 2030. Gov. Gavin Newsom vetoed a bill to extend the deadline.