Climate Compass on MSN
How insurance giants are reassessing coastal property values – Bloomberg finds
Climate change is reshaping the insurance landscape in ways most homeowners never imagined possible. The financial giants ...
The California FAIR Plan, having recently come to market to sponsor its debut wildfire catastrophe bond and secured $750 ...
From fraud to wildfires, lawsuits and climate disasters dominated property and casualty insurance news in 2025.
During Orinda homeowner Yasaman Nazmi Lee’s home-insurance saga — one of millions playing out across California as the age of mega-fires drives insurers to pull back from coverage and raise prices — ...
A California appeals court has limited the authority of Insurance Commissioner Ricardo Lara to administratively expand the basic coverage provided by the state’ s property insurer of last resort, the ...
Mercury Insurance is the state’s first to use a process that allows climate modeling to expand coverage in wildfire-prone areas. One of California’s largest property insurers pledged to sell ...
California may regulate insurer drones, affecting carriers like Allstate, Travelers, and Progressive, as a new bill aims to increase transparency and accountability in aerial imagery usage ...
New data shows record numbers of Californians cannot get coverage from insurance companies and must rely on the state insurer of last resort. California appears to have supplanted Florida as the state ...
A California appeals court this month turned down an effort by Insurance Commissioner Ricardo Lara to force the state's ...
This is read by an automated voice. Please report any issues or inconsistencies here. Insurance Commissioner Lara’s 2023 regulatory overhaul promised to ease California’s insurance crisis but instead ...
For years, California’s insurance market has been in crisis, as providers struggle to pay out claims from catastrophic wildfires. Some insurance companies have left the state entirely, leaving ...
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