November 28, 2022
Via: Insurance JournalCalifornia Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s Nov. 19 emergency declaration. The commissioner’s bulletin shields policyholders within the wildfire perimeter of the Route Fire and in adjacent ZIP codes from […]
May 25, 2021
Via: Insurance JournalThings look bad with California’s ever-sooner wildfire season seemingly approaching and what’s shaping up to be a severe drought across the Western U.S. The plague of wildfires in the past few years in California have made things tough for residents […]
November 6, 2019
Via: Insurance JournalNearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information Institute (I.I.I.). “While our research has […]
December 15, 2017
Via: Insurance JournalFarmers Insurance reported it has received more than 4,000 claims from the Northern California wildfires to date at an estimated gross cost of $1.2 billion. With reinsurance, the Los Angeles-based carrier estimates its incurred loss will be $140 million, and […]
November 22, 2017
Via: Insurance JournalCalifornia’s insurance commissioner says homeowners who lost their homes in last month’s wildfires in Northern California have up to 24 months to collect insurance payments. Dave Jones said this week some out-of-state insurance adjusters brought in by companies to help […]
March 26, 2024
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