#insurance-policies

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california
ABC7 San Francisco
3 weeks ago
California

Allstate could resume issuing new home insurance policies in CA

Insurance companies like Allstate might resume writing new homeowner policies in California pending rule changes to accurately reflect wildfire risks and rebuilding costs. [ more ]
therealdeal.com
1 month ago
California

State Farm targets wealthy areas of LA for non-renewals

State Farm non-renews 30,000 property and 42,000 commercial apartment policies in select California areas.
Concentration of non-renewals in high-risk fire zones of upscale neighborhoods. [ more ]
www.housingwire.com
1 month ago
California

State Farm will not renew more than 70K property policies in California

State Farm General Insurance is not renewing 30,000 residential and 42,000 commercial apartment policies in California, citing financial challenges and outdated regulations.
California Department of Insurance is pursuing reforms to align insurance rates better with risk, considering allowing catastrophe modeling for more accurate risk projections. [ more ]
morecalifornia
www.independent.co.uk
2 days ago
Cars

Young uninsured driver convictions doubles due to spike in car insurance premiums

The surge in car insurance premiums is leading to a rise in uninsured young drivers, with convictions doubling and causing concerns about road safety. [ more ]
Brownstoner
3 weeks ago
JavaScript

3 Step Checklist to Better Apartment Building Insurance

Insurance rates for multi-family brownstones are increasing annually. A three-step process can help in acquiring suitable insurance at a fair price. [ more ]
Sacramento Bee
2 months ago
California

California's property insurer of last resort adds record number of policies in February

California FAIR Plan setting record with over 15,000 new policies in February.
The insurer's growth reflects the state's unstable insurance market due to wildfires. [ more ]
Natlawreview
2 months ago
Artificial intelligence

Navigating the New Frontier: Insurance for Artificial Intelligence Risks

The New York Times filed a lawsuit against OpenAI and Microsoft for copyright infringement related to ChatGPT technology.
First wave of AI lawsuits focused on privacy invasion, copyright infringement, next wave may include cyberattacks and healthcare privacy issues. [ more ]
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