Is California at risk of a new insurance bailout amid increased wildfire danger?
The financial pressures underscore the rising risk stalking California property owners as climate change threatens to ...
Insurance Business America5d
Allstate expects $1.17B in catastrophe losses for first two months of 2025
Allstate Corp. reported an estimated $1.17 billion in pretax catastrophe losses for the first two months of 2025, with the ...
New fire hazard maps cover 6.8 million acres across California
See where your home falls in California's new fire hazard zones, the first update to the state's maps in 14 years.
Artemis.bm2d
Allstate’s aggregate cat bonds look safer as end of risk period end nears, Feb cat loss low
Allstate reported a relatively low level of catastrophe losses for February, meaning qualifying losses under its aggregate ...
Crain's Chicago Business5d
Insurers are fleeing California. This Chicago upstart is running toward the fire.
CEO Sean Harper says high-risk areas provide an opportunity for the Chicago startup, one of the city's fastest growing ...
Reinsurance News6d
Allstate pegs catastrophe losses for February at $92m
U.S. primary insurer Allstate has estimated catastrophe losses for February 2025 at $92 million or $73 million, after-tax.
Insurance Business America9d
California approves State Farm’s 22% insurance rate hike with conditions
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
California regulator mulls State Farm’s request for 22% premium hike for homeowners after LA fires
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
California at Risk of New Insurance Bailout Amid Fire Danger
State’s insurer of last resort has little extra cash if another disaster hits this year.