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Newsom Unveils Plan That Would Hasten Insurance-Rate Reviews -- and Increases
Lost Coast Outpost· 1 day ago...fall, Newsom issued an executive order tasking Insurance Commissioner Ricardo Lara with fixing home and fire insurance availability and affordability as insurers — citing rising wildfire risk and pandemic-induced inflation, and complaining about having to wait too long to get their requests for...
Homeowners face soaring insurance costs as violent storms wreak havoc
CBS News via Yahoo Finance· 3 days agoMaking matters worse, Oklahomans have endured two Category 4 tornadoes this year, Mulready noted. ...
Column: Unaffordable homeowner's insurance is leaving Californians exposed to the elements
LA Times via AOL· 4 days agoClimate change is the consensus culprit because it’s blamed for escalating wildfires, flooding,...
$40.9 billion in hurricane damage? Company warns Salisbury residents to brace for worst
Gannett via AOL· 6 hours agoCoreLogic, which focuses their report on the insurance implications of hurricanes, comes on the...
Roofing contractor arrested on fraud, weapons charges
Gannett via AOL· 2 hours agoThe alleged fraud activity dates back to early 2023 and as recently as March 2024, while the weapons charges arose Feb. 25 and Feb. 26, according to records.
Home insurance was once a ‘must.’ Now more homeowners are going without.
Washington Post· 4 days agoJamie Lafollette found out State Farm was dropping her policy from reading the news. After she saw a story about the insurer pulling out of Santa Cruz County, her longtime home, she called her ...
California consumer group blasts insurance bill backed by Newsom
Los Angeles Times· 2 days agoA bill backed by Gov. Gavin Newsom that is intended to halt more exits from California’s troubled ...
WA will require insurers to tell customers why their rates are going up
Seattle Times· 21 hours agoWashington insurers will soon have to provide customers a clear explanation for increases in their...
Newsom’s plan to accelerate rate hikes ‘invites insurance companies to set their own prices,’...
San Jose Mercury News· 2 days agoGov. Gavin Newsom’s new proposal to speed approval of rate hikes for most types of property ...
With worst hurricane season forecast, insurance industry supplies some rare good news
Gannett via AOL· 2 days agoFlorida’s $6,000 property insurance average is 42% more than it was in 2022 and triple what it was...