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A new lawsuit alleges that California's major insurers worked together to push higher premiums and lower coverage caps onto ...
A new state insurance regulation, expanding homeowners’ coverage in the most flammable areas, greases the wheels of ...
The suit wants to stop a plan that passes millions of dollars to homeowners as part of the FAIR Plan, an insurer of last ...
The post L.A. Wildfire Victims Sue Insurance Carriers for Dropping Fire Coverage appeared first on Real Estate News & ...
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
SACRAMENTO, Calif. (AP) — Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit ...
The California Department of Insurance agreed in 2024 to allow insurers ... Todd Ferrier et al. v. State Farm Group et al., found themselves underinsured with pricier policies providing far ...
Consumers paid more for FAIR Plan fire policies, while insurance companies ‘reaped a windfall worth billions of dollars,’ ...
He requested that State Farm halt non-renewals of homeowners’ insurance in California and pursue a $500 million capital infusion from its parent company in order to restore financial stability.