The Bond Buyer5h
Rebooted bill would allow bonds for California's last-resort insurer
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
Press-Telegram7h
FAIR Plan gets 4,400 claims from LA wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
Driver on trial for the death of an OC Register editor testifies he wasn’t street racing
A driver on trial for his alleged role in the Santa Ana traffic death of an Orange County Register editor took the stand on ...
Why California keeps putting homes where fires burn
CalMatters reports on the alarming issue of home development in highly flammable areas in the state of California.
California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in wildfire-prone areas. With the recent ...
California insurance companies have already paid $4.2 billion in L.A. wildfires
Insurance companies have already paid $4.2 billion claims to survivors of the Los Angeles wildfires, according to the California Department of Insurance. The figure, current as of Jan. 27, includes ...
Online tracker shows insurance payments to wildfire survivors
More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...