Former insurance commissioner warns state agency about California's 'uninsurable future'
The agency, the Little Hoover Commission, is studying California’s home insurance issues.
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The agency, the Little Hoover Commission, is studying California’s home insurance issues.
Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can take now to secure coverage and at lower prices.
Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can take now to secure coverage and at lower prices.
State Farm will no longer take new homeowner insurance applications in California, a move the state government is blaming on climate change.
Insurance non-renewals continue even as Commissioner Ricardo Lara introduces regulations favored by the industry.