In a report released yesterday, Suneet Kamath from Jefferies maintained a Buy rating on Unum Group (UNM – Research Report), with a price target ...
Insurance company shares fell Friday as the massive wildfires in California are now estimated to have caused $135 billion to ...
California’s insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by ...
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 ...
Risk models identified the Palisades — along with Silicon Valley’s Los Altos Hills and the Moraga and Orinda area east of San ...
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
Residents of states like California, Texas, Louisiana and Florida, which saw two major hurricanes in the span of 13 days last ...
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
I am using my moratorium powers to prevent insurance companies from canceling or non-renewing policies in wildfire-impacted areas, so people don’t face the added stress of finding new insurance during ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest order. The state may also be able to help fire victims without any insurance.