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California, Zurich Insurance and Wildfires

Zurich Insurance operating profit just above forecasts, assesses California wildfires impact

Zurich Insurance reported slightly higher-than-expected annual operating profit on Thursday, as insurers ride out the impact of climate disasters and wars.

QuickTake on MSN · 2d

How Wildfires Upended California’s Insurance Market

The fires that swept through Los Angeles in January will have deep and long-lasting effects on the state’s already stressed insurance market.The fires destroyed more than 16,000 structures and resulted in losses of as much as $164 billion,

Hosted on MSN · 16h

Zurich Insurance Estimates $200 Million Losses From California Wildfires

Zurich Insurance expects that the devastating wildfires that struck southern California in January will lead to $200 million in pretax losses, it said as it reported better-than-expected results for 2024.

LA Times on MSN · 2d

L.A. wildfires up the pressure on California’s insurance commissioner over industry ties

The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance regulator, Ricardo Lara — have done enough to protect homeowners.

California Department of Insurance, scam and hostage

Orange County Register · 2h

16 arrested in alleged auto insurance fraud scheme; officials warn of ‘vehicle hostage’ scams

A probe into auto insurance fraud across Southern California has led to arrests of 16 people involved in a alleged scheme that preyed on car accident victims in the Inland Empire, and has prompted the California Department of Insurance to warn drivers about tow truck companies holding vehicles hostage for cash.

FOX 11 Los Angeles on MSN · 1d

Vehicle hostage scams on the rise in Southern California, officials warn: What you need to know

The Department of Insurance is warning drivers about a vehicle hostage scam sweeping SoCal. Authorities have investigated multiple cases, leading to charges against 16 individuals. You are urged not to sign any documents until you have talked to your insurance company.

KTLA · 2d

‘Rampant’ tow truck scam targeting Southern California drivers, officials say

Officials at the California Department of Insurance are warning Southland residents of a “vehicle hostage” scam involving tow truck companies targeting motorists involved in traffic accidents.

A look at California's insurance crisis with Congressman John Garamendi

Congressman John Garamendi discusses the insurance crisis that California, and the insurance commissioner face.

7hon MSN

Walters: Los Angeles wildfires intensify political jousting over home insurance premiums

The horrendously destructive and deadly Los Angeles wildfires erupted in January just as Insurance Commissioner Ricardo ...

California Rejects Insurance Company's Demand For Rate Hike

California's insurance commissioner has turned down a request for an emergency 22 percent hike in home insurance rates, ...

8don MSN

California homeowners will pay temporary fees to help pay for wildfire insurance claims

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...

Why California keeps burning: How misguided insurance policies fuel wildfire risk

With the fuel load still looming, before rebuilding, Californians should insist that policymakers allow insurers to establish ...

Action News Now3d

State Farm responds to California Insurance Commissioner's denial of emergency interim rate request

State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...

MarketWatch10d

Best Pet Insurance in California

According to our research, the best pet insurance in California is Lemonade, with rates as low as $30 per month. Alex Carver is a writer and researcher based in Charlotte, N.C. A contributor to ...

CA bill could make health insurers pay $1 million for denying care

A new bill in the California Senate could help residents fight back against denials by health insurance companies. Sen. Scott ...

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California, Zurich Insurance and Wildfires

California Department of Insurance, scam and hostage

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