Global insurance trends

State Farms Wants to Hike Prices, Commissioner Lara is Triggered

The latest from California, where the State is attempting to regulate prices on wildfire insurance cover. Here are the details; Insurance Commissioner Ricardo Lara has called a meeting with State Farm to answer answers regarding […]

Global insurance trends

California Commissioner Orders Insurers to Speed Up Claims Process

The Insurance Commissioner’s Office is trying to apply pressure to the few insurers still left in the California wildfire insurance sector – will it work? Here’s the word; Ordering the insurance companies’ FAIR Plan to […]

Global insurance trends

California Fires: Public Tracker Now Logs Claims & Payouts

The latest news from the California Insurance Commissioner;  Insurance Commissioner Ricardo Lara has announced the creation of a public consumer claims tracking system designed to provide essential data for consumers and the public, revealing that more […]

Global insurance trends

California Insurance Commissioner Expands Moratorium Area

Latest from California, as the zone where a one year moratorium zone has been expanded; Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already under […]

Opinion

Affordable Wildfire Insurance in California: An Impossible Dream?

Thoughts from the Editor’s keyboard; There’s a perfect storm of risks in California and a fundamental societal reset is required before property owners in California can insure their homes against wildfires. Even the super rich […]

Global insurance trends

Beware of Fraudsters, Says California Insurance Commissioner

The Insurance Commissioners Office in California is putting out a fraud warning, following the devastating fores in the Los Angeles area recently; Following devastating wildfires which damaged and destroyed homes, businesses, and vehicles in the […]

Opinion

The Wildfires will Rage on Long After the Flames Are Put Out

This article is by Rory Yates, Global Strategic Lead, EIS, and it looks at the long term impact of the wildfires in the Los Angeles area; The horrific scenes of the South California wildfires have been […]

News

California Wildfires: Insurance Commissioner Offers Statement

The statement from Commissioner Lara after the devastating wildfires seen in California; Insurance Commissioner Ricardo Lara announced an impending action to protect communities affected by the wildfires in Los Angeles County following Governor Newsom’s emergency […]