Beginning late 2022, seven of the 12 largest home insurance companies in California by market share have either paused or placed heavy limitations on writing new policies in the state. With coverage availability shrinking, many homeowners across California have had no option but to resort to a ...
Increasingly intense wildfires have become more common in California, upending the lives of thousands. Many insurers are dwindling coverage options, leaving several homes in danger. Business Insider senior sustainability reporter Catherine Boudreau joins
More on our top renters insurance companies State Farm Bloomington, Illinois-based State Farm is the largest provider of renters insurance in the U.S., according to the NAIC, with a market share of over 18%. Availability: State Farm issues renters insurance in all states except for California...
How does this insurer compare to insurance companies you’ve had in the past? Uncomparable. Excellent company Name the number one reason that you’d recommend staying with this insurer and the number one reason that you’d consider leaving for a different company. 1. Excellent policy and covera...
1. We researched the homeowners insurance companies people care most about. U.S. News analyzed and compared a variety of publicly available data, including internet search data, to determine which homeowners insurance companies Americans are most interested in. We identified 29 companies that sell ho...
CA Fair Plan approved for $1bn assessment from member companies Ultimate losses from the Palisades, Eaton and Hurst fires are estimated at $4bn. Q4 earnings roundup February 11: AIG, Intact The Insurance Insider US news team runs you through the earnings results for the day. Mercury Gener...
Stephen Collier, a professor of urban planning at University of California, Berkeley, said the seemingly random nature of who gets dropped and when has much to do with insurance companies’ complicated risk models. “They’re all trying to manage their exposure,” Collier said. “If you think...
Under a new insurance regulation that just got approved this week, California Insurance Commissioner Ricardo Lara said homeowners should have an easier time buying fire insurance. The insurance crisis has been unfolding in the state for the last couple of years, withcompanies leavingordroppi...
Companies offering such “primary” health insurance simply don’t exist (or are tiny) in almost every other developed country in the world. Mostly, where they do exist, they serve wealthier people looking for “extras” beyond the national system, like luxury hospital suites or air ambulances ...
Travel insurance companies set specific parameters that must be met for a traveler to qualify for Cancel for Any Reason coverage. While eligibility requirements may differ slightly, most plans include the following stipulations: You must purchase your policy within a specific time-frame, typically 14...