4 more insurers are leaving California after Allstate and State Farm flee wildfire risk
Moves follow a large withdrawal of companies from Florida, whose CFO called them “the Bud Light of the insurance industry."
Source: yahoo.com
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As Kemper Corp. exits home insurance market, all eyes on last-minute talks in Sacramento, where some advocates fear insurer 'bailout'
The move comes as insurance companies press for changes in how they are allowed to calculate risk — reforms they say are necessary to continue to operate California.
Source: pressdemocrat.com
California homeowners overcharged for wildfire insurance to be refunded
Commissioner Ricardo Lara announced that Kemper Independent Insurance Company overcharged its policyholders for their wildfire insurance
Source: liveinsurancenews.com
$1.5M for California Homeowners Overcharged Under Wildfire Risk Score
Kemper Independence Insurance Co. has issued more than $1.5 million in refunds to thousands of California homeowners after the California Department of
Source: insurancejournal.com